Riyadh Motor Show opens with latest models on display
Riyadh Motor Show opens with latest models on display
With the value of car sales in the Kingdom expected to reach $ 22.73 billion in 2012 and $ 25.05 billion by 2013, more than 80 of the world's leading automotive players are taking part in the event featuring over 40 automobile brands.
Four banks are also showcasing their latest automobile products and financing solutions. Car loans from financing institutions contributed to 70 percent of the car sales in 2011 in the Kingdom.
The show is the longest-running and leading car show in the Middle East gathering a vast number of automotive professionals and consumers under one roof.
In 2010, over 96,000 visitors attended the show, making it the highest turnout in Riyadh Motor Show's history.
For buyers, the exhibition offers them a fantastic opportunity to view the latest car models and all that the auto industry has to offer.
Running concurrently with the Riyadh Motor Show 2012 is Saudi Autoshop 2012, the 15th International Exhibition for Auto Repair, Equipment, Tools, Parts and Accessories, which has attracted more than 30 specialized companies.
More than 90,000 trade visitors from the Kingdom and elsewhere the world are expected to attend ongoing the event, which is sponsored by Fiat, Alfa Romeo and Castrol.
The 2012 edition includes passenger cars, commercial vehicles, motorcycles, vehicle bodies and parts, accessories and tools, as well as financial services, such as insurance and loans.
Saudi Auto Shop, which is held concurrently with Riyadh Motor Show, showcases the latest in automotive accessories and spare parts.
"Riyadh Motor Show and Saudi Autoshop collectively serve as a premier business-to-business platform to leverage the robust growth potential of the Saudi automotive market and introduce the latest car models, technology, services and financial solutions," said an REC executive.
He said driving sales of new cars in the Kingdom was the 2009 decision to ban the import of used vehicles of over five years, which had accounted for a quarter of all imported vehicles. He also attributed the rising population for the increase in demand for cars.
The small car segment is marking the largest growth due to consumer preference for more affordable vehicles, accounting for 25 percent of the market, he said.
The exhibition, forming the longest-running and one of the most important industry events in the Middle East, provides an ideal gateway for investors, car manufacturers and distributors to take advantage of Saudi Arabia's promising growth potential, offering direct access to key market segments in the country.
Riyadh Motor Show 2012 displays the latest models of passenger cars, station wagons, Sports Utility Vehicles (SUV), pick-up trucks, motorcycles, Special Purpose Vehicles, and 4x4 vehicles. It also includes automobile financing and insurance services.
Riyadh Motor Show and Saudi Autoshop cover nearly 20,000 sqm gross floor space at the REC.
Juan Antonio Pizzi is still the right man to lead Saudi Arabia, says former Green Falcons boss
- Saudi Arabia's 1996 Asian Cup-winning coach Nelo Vingada backs Pizzi to lead side into next year's Asian Cup.
- Green Falcons face Egypt on Monday with both looking to land their first point in Russia.
MOSCOW: Saudi Arabia’s 1996 Asian Cup-winning boss Nelo Vingada has called on the country’s football authorities to keep faith with head coach Juan Antonio Pizzi despite a disappointing showing in Russia.
The Green Falcons still have to face Egypt in the final match of Group A, but have already been eliminated following a 5-0 defeat at the hands of Russia in the opening game on June 14 in Moscow and a 1-0 loss to Uruguay five days later in Rostov.
“I was expecting a little more from Saudi Arabia to be honest,” Vingada told Arab News.
“In the first game they were disappointing but a first game of the World Cup is always hard and especially when it is the first game and everyone is watching. Plenty of teams at the World Cup did not play well in the first game.
“But playing Russia in Russia and to lose is what you would normally expect from Saudi Arabia and while it was far from positive, people should not get carried away.
“The game with Uruguay was much improved in terms of organization and defense and it showed more of the character of the Saudi Arabia team.”
In the past, coaches have been axed following disappointing World Cup campaigns but with the 2019 Asian Cup just seven months away, the Portuguese tactician would prefer to see some stability rather than yet another new man in the dugout.
“The Asian Cup is in the United Arab Emirates and Saudi Arabia will be one of the contenders,” Vingada said. “It is better to stay with the same coach. He has a vision of how he wants the team to play and he now knows the players and the players know him.”
Constant changing has not helped Saudi Arabia in the past and Pizzi himself has been in the job just seven months.
“The problem is not the coach. He should not be changed, that has happened before but results did not improve, but the mentality has to change.”
Despite that Vingada, who has coached Egyptian club giants Zamalek and the country’s Under-23 team, believes that the Pharaohs, also eliminated, will prevail when the two regional rivals meet on Monday in Volgograd.
“This is an important game for pride, the players and the countries. It is still the World Cup. Egypt have a little more quality I think and have Mohamed Salah too.”
The Liverpool striker has been recovering from a shoulder injury sustained in the Champions League final defeat to Real Madrid in late May and missed the opening game 1-0 loss to Uruguay. He played in the second game, a 3-1 defeat at the hands of Russia, scoring from the spot late in the match to earn a consolation.
“Any coach would take Salah because he can win you games but overall Egypt have been a little disappointing and a little unlucky.”
The bad luck came when conceding a last-minute goal to Uruguay and a fluke own goal to get Russia off the mark. “Uruguay are a tough team and it is no shame to lose 3-1 to a Russia team at home who are playing to qualify for the next round. It showed that European and South American teams still have a little more quality.”
“Egypt just made some mistakes at the wrong time but this is football and without mistakes there are no goals.”
Ahead of the clash against Egypt Pizzi confirmed his intention to stay as Saudi Arabia boss, looking to build on the seven months he has had to imprint his ideas on the team ahead of the Asian Cup.