The luxury car sector has witnessed a growth of about 5% in the UAE, as demand for these cars increases in light of the high incomes of citizens of the country, and low fuel prices in relation to other countries.
According to Al Khaleej newspaper, Alter Yilmaz, General Manager of Genesis in Africa and the Middle East, stated that the company is launching the full Genesis range of cars, including SUVs, and introducing The first electric car in 2021, which will be launched for the first time in the Middle East during the next year.
Yilmaz emphasized that the company’s sales of luxury cars witnessed a growth that exceeded 89%, expected that the sales market will witness this year outperforming the sales of last year, especially with increasing interest The luxury car market with many positive developments in the region, allowing women to lead in Saudi Arabia, providing more new brands in the market, and promoting advertising campaigns by competitors.
Yilmaz pointed out that the Genesis brand is new in the market, which gives it exceptional advantages, which allows it to enhance creative thinking and innovation in its approach, indicating the company's focus on Deliver unique offers and make a clear difference at the market level by meeting the needs and desires of consumers.
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