Arab News, Saturday, Jun 03, 2023 | Thul-Qidah 14, 1444
Wallen Trading signs partnership with Renault Group to distribute cars in KSA
Saudi Arabia:
Wallan Trading Co., one of the leading
players in the Saudi car market, signed a strategic partnership to become the
official distributor of Renault Group as the Riyadh-based firm looks to expand
its automotive offerings in the Kingdom.
A key distributor of global automobile brands
including Hyundai Motors, Genesis, Kenworth, and Geely Motors, Wallan Trading
says the new partnership will help boost its services in the Kingdom.
Fahad bin Saad Al-Waalan, chairman of the Wallan
Group, said: “We are pleased to cooperate with the giant Renault Group. This
alliance allows us to expand our areas of services to our customers in the
Kingdom by offering world-class Renault cars.”
“We are confident that this partnership will
provide a unique experience for customers, based on the Renault Group’s
commitment to technological innovation and our solid experience in the Saudi
market,” he added.
Wallan started its business in the 1980s when it
became the official agent of Hyundai in the central region of Saudi Arabia. The
company has been growing its automobile portfolio since then with partnerships
with other global passenger and commercial vehicle brands.
Jerome Banaud, managing director of Renault
operations in Africa, the Middle East, and Asia Pacific, said: “We are delighted
to proceed with this strategic alliance with the Wallan Group as its
long-standing experience in the automotive sector and its strong customer focus
perfectly match our brand goals.”
Renault Group has a long history of providing
automotive innovation and technology, including the introduction of Europe’s
first mass-produced electric car.