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BMW, MINI sales accelerate by 14% in first nine months
Published in The Saudi Gazette on 29 - 11 - 2012

JEDDAH – Mohamed Yousuf Naghi Motors is well on track for another successful year-end in Saudi Arabia with a reported 14 percent growth in BMW & MINI sales for the first nine months of the year.
Mohamed Yousuf Naghi Motors' year-to-date results clearly demonstrate the continued growth of the luxury automotive industry in Saudi Arabia, and are a direct result of its exceptional standards across all areas of the business and ongoing investment in the BMW Group brands.
“At Mohamed Yousuf Naghi Motors, ... our business continues to grow, which is due to the combination of a strong economic climate, a growing portfolio of desirable premium BMW Group vehicles, and the ongoing commitment and professionalism of our staff,” said Stavros Paraskevaides, Managing Director, Mohamed Yousuf Naghi Motors (BMW)
The company's results during the first nine months of the year were driven by the brand's flagship model BMW 7 Series, as the highest selling model.
Offering new levels of luxury, comfort and power, the new and refined 7 Series model went on sale in Saudi Arabia last month. Expected to further amplify BMW's 7 Series success story in the Middle East, the latest generation is set to be a strong driving force behind Mohamed Yousuf Naghi Motors' future sales achievements.
The BMW X3, BMW 5 and 3 Series witnessed the biggest growth in the Saudi market in the period Jan- September, with 100 percent, 46 percent and 14 percent growth respectively.
MINI, the small car with a big attitude, witnessed a 53 percent sales growth during the first nine months of 2012. Sales were led by the MINI Countryman – the first MINI with four doors and four-wheel drive capabilities. — SG


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