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MENAFN - Arab News - 11/11/2012

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(MENAFN - Arab News) Saudi Arabia continues to emerge as one of the most lucrative automotive markets worldwide as more than 80 of the world's leading automotive players have confirmed their participation at the Riyadh Motor Show 2012, the 29th International Exhibition for Motor Vehicles, in the capital.

Over 40 automobile brands and four banking institutions will likewise showcase their latest automobile products and financing solutions at KSA's premier motoring event, which is being organized under the patronage and support of the Ministry of Transport.

More than 30 specialized companies will also be taking part in Saudi Autoshop 2012, the 15th International Exhibition for Auto Repair, Equipment, Tools, Parts and Accessories, a special event running alongside Riyadh Motor Show. More than 90,000 trade visitors from the Kingdom and all over the world are expected to attend the Riyadh Motor Show 2012 and Saudi Autoshop 2012, which will be held from Nov. 17 to 22 at the Riyadh Exhibition Center (REC). Fiat, Alfa Romeo and Castrol sponsor the event.

Kamil Al-Jawhari, project manager of Riyadh Motor Show at REC, said: "The local automotive market continues to gain strength and open lucrative opportunities for local and international automobile companies. Saudi Arabia's growing population and the strong purchasing power of its citizens and residents are among the key factors that are driving the sustained growth of the automotive market. The first-of-its-kind networking opportunities unlocked by Riyadh Motor Show and Saudi Autoshop have further added strength to the automotive sector, empowering key industry players to cater to a much broader market base.

The latest edition of the Middle East's longest running motoring event will certainly provide a genuinely exclusive showcase of the global automotive sector's latest technologies, services and financial solutions all under one roof."

 






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