During the first half of 2023, the automotive sector in the UAE witnessed remarkable sales performance for several brands. Notably, Juma Al Majid Establishment achieved exceptional success, recording a remarkable 37% growth in the first half of 2023 for both Hyundai and Genesis brands in the country.
As per the report, Hyundai and Genesis brands have captured the attention of buyers in the UAE market with their cutting-edge technology and exceptional customer satisfaction. This outstanding performance has further cemented Juma Al Majid Est.’s status as an industry trailblazer and has strengthened the trust of UAE consumers in these iconic brands.
Hyundai and Genesis passenger vehicles experienced a collective H1 growth of 37%, out of which there was a 16% increase in fleet business. This surge in sales represented a significant improvement compared to the first half of 2022. Hyundai played a vital role in driving this growth, with their passenger vehicle sales up by 37% and their commercial vehicle sales experiencing an astounding 135% increase.
- Hyundai’s growth is primarily driven by its top three selling models in the UAE.
- Creta, Tucson, and Sonata Hybrid are primary volume drivers.
- Genesis achieved significant progress with a growth rate of 20%.
- Genesis’ success is down to newly introduced models: the GV70, GV80, and the G80.
Suliman Al Zaben, Director of Hyundai and Genesis UAE, highlighted the importance of the first half of 2023, where they focused on making customers happy and comfortable. This approach led to remarkable growth for both brands. New models from both brands are expected to be launched this year.
The outstanding achievements in the first half of 2023 show how much their customers support them and how good Hyundai and Genesis vehicles are. Juma Al Majid Est., as they look ahead, is eager to go beyond what people expect by bringing exciting new products and strengthening their position in the UAE market. They have showrooms all over the country and are committed to providing excellent service to their valued customers.
Speaking about the future products from Hyundai, the brand is all set to update a few of their models including the Sonata sedan and the Santa Fe mid-size SUV. Both models when launched globally, are expected to hit the UAE market. Alongside, Hyundai has also announced an investment of AED 66.1 billion by 2030 for the development and production of electric vehicles.
If you are looking for Hyundai cars in the UAE, here are used Hyundai cars for sale in the UAE and new Hyundai cars for sale in the UAE.
