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Audi Kuwait Wins Market Share Competition Increase by Seven Percent in 2007

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Old 04-01-2008, 09:41 AM
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Default Audi Kuwait Wins Market Share Competition Increase by Seven Percent in 2007

Audi Kuwait, represented by Fouad Alghanim and Sons Automotive Co. Company, has finished the year 2007 as the winner of the Audi Middle East Market Share Competition. The annual challenge honors the regional Audi dealer with the highest market share in the German premium car segment in their respective country. With 866 Audis sold in 2007, Audi Kuwait achieved an overall increase of seven percent from the previous year to a total market share of to nearly 22 percent. Fouad Alghanim & Sons Automotive Co. is the official agent for Audi in Kuwait.

James R. M. du Lieu, Managing Director of Fouad Alghanim & Sons Automotive Company comments on the success of the German premium brand: "Not only do we offer a high variety of attractive models including the very popular Audi A6, A8, Q7 and R8, we also strongly believe in building brand awareness and a strong reputation by serving our customers with excellence."

With the proper implementation of strategic sales, after sales and marketing plans, Audi Kuwait plans to further push forward to be become one of the most successful luxury car brands in the Middle East and is constantly committed to satisfying its existing and prospective customers offering special deals and services to increase market share to new records in the future.

Targeting for a continued increase in Audi's popularity, Audi Kuwait plans to further push for high standards of customer care and is committed to catering to the needs of existing and prospective customers through a broad range of service and product offers.

About Audi
AUDI AG develops and produces cars for the premium segment worldwide. Its four rings symbolise the fusion of Audi, DKW, Horch and Wa nderer in 1932. The company achieved its twelfth consecutive record year in 2007, with 964,151 cars sold. Audi produces vehicles in Ingolstadt and Neckarsulm (Germany), Györ (Hungary), Changchun (China) and Brussels (Belgium). At the end of 2007, production of the Audi A6 started in Aurangabad, India. The company is active in more than 100 markets worldwide. AUDI AG's wholly owned subsidiaries include Lamborghini S.p.A. in Sant'Agata Bolognese, Italy, and quattro GmbH in Neckarsulm.

Audi employs more than 54,000 people worldwide, including 45,000 in Germany. The brand with the four rings invests more than € 2 billion each year in order to sustain the company's technological lead embodied in its "Vorsprung durch Technik" slogan. Audi plans to nearly double the number of models in its portfolio by 2015, from the 25 currently on offer to 40.

AUDI AG's commitment to the region was confirmed through the foundation of its fully owned subsidiary in 2005: Audi Middle East. Sales in the Middle East rose by 38.2 percent to 6,380 cars in 2007 (2006: 4,616). The current Middle East model range comprises the A3, A3 Sportback, A4 Saloon and Cabriolet, S4 Saloon, and Cabriolet, RS 4 Saloon and Cabriolet, A6 and S6, TT Coupe and Roadster, the A8, S8, the Q7 and the R8.
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