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AGMC sales soar by 13pc in Q1

Dubai, May 15, 2008

AGMC, exclusive importer of BMW, Mini and Rolls- Royce in Dubai, Sharjah and the Northern Emirates, recorded a 13 per cent increase in first quarter sales for 2008 over 2007.

AGMC delivered a total of 954 BMW and Mini vehicles, as compared to 845 last year, said an official spokesman.

First quarter sales were lead by the BMW X5, followed by the BMW 3 Series and the BMW 7 Series respectively.

Continued growth is expected with the arrival of several new vehicles to AGMC showrooms, including the new Mini Clubman, BMW M3 Coupe and the highly-anticipated BMW X6, the world’s first Sports Activity Coupe.

“Having recorded the highest number of sales for the Middle East in 2007, delivering a total of 3,594 vehicles, AGMC is continuing its growth initiative for the coming year, with great results expected following a solid increase in first quarter sales,” said general manager, AGMC, Stathis I. Stathis.

This year will also see the completion of a multi-million dirham expansion project.  The BMW showroom and service facility on Shaikh Zayed road will be doubled in size and will be equipped with the latest in state-of-the art equipment and machinery.

“Alongside our showroom expansion on Shaikh Zayed road, AGMC will be building a 100,000 square foot fully-fledged facility at Dubai Investment Park, followed by a logistics centre at Dubai Industrial City with a size of 400,000 square foot,” said Stathis.

“The centre will include a specialized showrooms, sales offices, service and repair centre, training centre, as well as logistics, distribution and warehouse complex for BMW and MINI vehicles.”

This year will also see the introduction of several new models to the BMW and Mini range. AGMC currently offers the new Mini Clubman, while the recently launched BMW X6 has witnessed great demand. The new BMW 1 Series Coupe and Convertible and the BMW M3 Double Clutch Transmission will be on offer later this year. - TradeArabia News Service

Tags: BMW | MINI | AGMC |

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