It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
As Peugeot continues to buck the automotive industry with its strong comeback into the GCC, the French automaker announced positive sales results in its first quarter.
Buoyed by a successful performance to the fourth quarter in 2020, recent figures released by Peugeot indicate an increase of 210 per cent and 420 per cent for its passenger and light commercial vehicle (LCV) segments respectively.
During Q1 of 2021, Peugeot expanded its operations in key markets such as Saudi Arabia, Qatar and Bahrain, growing its customer base and resulting in a significant increase in sales. Its passenger vehicle sales more than tripled, with products such as the 3008 SUV and 5008 SUV driving growth by 173 per cent and 254 per cent respectively and the 508 increasing by 270 per cent.
With the onset of Covid-19, Peugeot struck key deals with Noon, Amazon and DHL to support the rise of e-commerce. In addition, the brand prioritised the production of LCVs like the Partner, which accounted for a significant proportion of new vehicles in the GCC, to support deliveries and distribution networks. This resulted in the brand’s LCV segment performing strongly with sales up by 420 per cent.
Rakesh Nair, managing director for European Brands at Stellantis ME, said: “As we come to grips with the challenging market conditions, these positive results set the framework for a positive year ahead. As the brand’s resurgence in the region continues apace, this increase in sales is testament to our promise of becoming the best high-end generalist brand in the market and providing our customers with models that capture the imagination. We hope to continue this growth and look forward to launching all-new and exciting models in the region over the coming months.”
On the back of this success, Peugeot will be launching new models over the next few months including the new 3008 PHEV (Plug-in Hybrid Vehicle), new 208 hatchback and new Landtrek pickup.
business@khaleejtimes.com
It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The 18-year-old was taken to hospital in a serious condition
The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
The left-handed batter scored 3369 runs in 136 one-day internationals and 2893 in 140 Twenty20 internationals — both Pakistan records
Food supplies were distributed to 80 households
On January 31, a heart was airlifted from Delhi to Chennai, paving the way for Ayesha Rashid's life-saving surgery
The online retailer, which is headquartered in Singapore, has said it has around 108 million monthly active users in the 27-nation EU
The baby girl named Rouh, meaning Soul, suffered respiratory problems and a weak immune system, a doctor at the Emirati Hospital in Rafah said