Volvo Cars has announced its partnership with Nahwasharq Co. Ltd. as its official importer for the Kingdom of Saudi Arabia. Following Volvo Car Group’s series of wins at international and local car awards, the marque’s venture into the Saudi Arabian domestic market has been highly anticipated by the country’s automotive enthusiasts.
“Volvo Car Group is in the midst of introducing an entirely new model range, embedding its new engine technologies, establishing joint ventures and partnerships to position itself as the leader in car safety and autonomous drive technologies. I believe customers in the Kingdom of Saudi Arabia will be proud to own a car that leads the industry, rather than follows it,” said Jesus Fernandez de Mesa, Volvo Car Group’s Managing Director, Importers EMEA. “We now have a complete dealer network for the Middle East, with which we expect to significantly grow our market share in the region. Nahwasharq has a great deal of experience that can help us do that.”
“We are delighted to have this partnership”, said Elie Chahine, CEO of Nahwasharq Company Ltd. “Nahwasharq’s efforts were met with enthusiasm by investors, and are an indicator of a healthy demand for Volvo’s products. We look forward to what is surely going to turn into a long-standing, successful relationship with Volvo Car Group.”
Established in 2007, Nahwasharq Co. Ltd. specializes in dealership operations for the premium, sport- luxury and ultra-luxury segments and is also the official dealer for Swedish hypercar marque Koenigsegg Automotive AB.