FREE Services | Support: +971 4 3635663 | Email us
» Tue, Oct 07, 2008, 19:05 GMT
Send us your feedback
Feedback
Sponsored by   Mudabala
Middle East Business Information
 
Loading Loading ...
Membership = requires membership

Advanced Center for Ferrari, Maserati Launched in Riyadh

Arab News
 
 

RIYADH, 20 May 2008 -- Fast Auto Technic, the sole dealer of Ferrari and Maserati in Saudi Arabia, opened its most advanced integrated center for Ferrari and Maserati cars in the Middle East, here yesterday.

The new center built on an area of 4,000 square meters, has a showroom for cars, designed and equipped to meet the highest standards of both brands, a reception hall, after-sale services section and a large spare parts warehouse.

The ground floor of the new center contains quick maintenance section fully equipped with latest tools and equipment along with spare parts section, while the upper floor contains special section for wide range of personal luxury accessories such as clothes, neck ties, gloves, branded briefcases, as well models of classic and sporty Ferrari and Maserati cars, plus books about the history of the two renowned companies.

Speaking at the press briefing, Mamdouh Khayyat, general manager of Fast Auto Technic, described the launch of the showroom as a new beginning for Fast Auto Technic business and its continuation of the development plan to meet the rising demand for luxury cars. "The demand for Ferrari and Maserati cars was so high that in 2007 compared to 2006, Ferrari sales increased by 257 percent, while Maserati sales increased by 322 percent," he said.

"The new centre in Riyadh will help us deal very effectively with our customers in both Riyadh and Jeddah and will further contribute to the growth of the company in the region in general. " Riyadh market constitutes the backbone of our sales, which is economically and commercially important area in the Middle East. This demonstrated through the high rates of international investments, in addition to the presence of a large number of high-income individuals. All these factors made the city of Riyadh a point of attraction of many sectors including luxury cars sector. "

Commenting on the Company's investments and development plans, he said: "Fast center in Riyadh is the beginning of a long-term marketing plan for expansion, we have plans to invest over SR. 40 m for the development of our centers in Jeddah and the opening of a third center in the eastern region. We, as well, adopted various marketing and driving training programs to serve our clients better and develop our relationship with them."

Various models of Ferrari such as "F-430" Spider and the new model 612 Scaglietti ( 1 To 1 ) are being displayed at the new showroom along with Maserati new model GranTurismo S, both the cars were unveiled at Geneva International Motor show recently.

By Mohammed Rasooldeen

© Arab News 2008

 
 
 
Community Comments (0) - Comment on this article
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
 
 
 
Loading ...
 
Loading ...
Zawya Comment Policy:
 
  1. Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
    1.1   Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
    1.2   Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
    1.3   Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
    1.4   Be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety.
    1.5   Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
    1.6   Give the impression that they represent Zawya.
    1.7   Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
  2. The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
  3. Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
  4. By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
 
 
 
Community Buzz

Stories

Companies

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Nakheel UAE Landlords and Developers
Abu Dhabi Investment Council UAE Investment Firms and Funds
Algérie Poste Algeria Transportation Services
Al Hilal Bank UAE Banking
Mubadala Development Company UAE Investment Firms and Funds
Emaar Properties UAE Landlords and Developers
Consolidated Contractors Company Overseas Construction and Design
Qatar Investment Authority Qatar Investment Firms and Funds
Saudi Binladin Group Saudi Arabia Construction and Design
Dubai Chamber of Commerce and Industry UAE Associations
 

Projects

Most viewed projects by Community in the last 24 hrs
Project Name Country Sector
Dubai RTA - Dubai Metro - Purple Line UAE Infrastructure
Qatar Foundation - Sidra Hospital Qatar Real Estate
Nakheel - Dubai Waterfront UAE Real Estate
Emirates Aluminium (EMAL) - Smelter Complex UAE Industry
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP) UAE Oil and Gas
Nakheel - Dubai Waterfront - Veneto UAE Real Estate
KNPC - Al Zour Refinery Kuwait Oil and Gas
Khalifa Port and Industrial Zone (KPIZ) UAE Infrastructure
Talaat Moustafa Group (TMG) - Madinaty Egypt Real Estate
Salalah Methanol Plant Oman Petrochemicals
 

Blogs

 
 

 
 
 
 
 
Quote data provided by © TickerChart
Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v1.5 and above.
Copyright © 2008 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement