A-MAP reports $1.4m battery sales in H1
Dubai, August 6, 2013
Dubai-based A-MAP, an automotive spare parts distributor, has reported battery unit sales of nearly Dh5 million ($1.4 million) to the regional construction industry and its associated sectors in the first half of this year.
The distributor said sales of Solite batteries, the original equipment manufacturer (OEM) for automotive batteries in both Hyundai and Kia vehicles, and for which A-MAP is the region’s exclusive distributor, has been responsible for its Fleet and Corporate Department growing by 70 per cent over the period.
It attributes the increasing sales of vehicle batteries to the GCC governments’ plans to invest $1 trillion to develop their infrastructure and the expansion of the fleet car market in the UAE.
“The growth of our Fleet and Corporate Department over the period of just one year is a direct result of both the booming construction sector in the GCC, particularly the UAE, Qatar and Saudi Arabia, and the increased sales of cars to UAE fleet operators,” said Asad Badami, managing director.
“Over the past 12 months we have secured some important new contracts with major players within the construction, recycling and Genset industries to supply batteries for their heavy equipment,” said Badami.
“The growing fleet car market is reflective of greater confidence in the regional economy. Larger companies are now happy to put money into fleet cars to service their respective businesses and the tourism trend is up, meaning that taxis are vital to ferry visitors to the UAE around,” he added. - TradeArabia News Service