Business Services Industry
SAUDI ARABIA: DHEIB CAR RENTAL COMPANY BUYS 300 CARS.(from Hyundai Corp.)(Brief Article)
IPR Strategic Business Information Database, September, 2000
According to Al-Jazirah newspaper (September 12, 2000), the Saudi Al-Walan Company, the representing agent of Hyundai in the central region of Saudi Arabia, signed an agreement yesterday with the Dheib Car Rental Company, by which the latter purchased 300 Hyundai 2001 accent cars. The Dheib Car Rental Company paid SR 9 million for this deal in order to expand its car fleet.
These cars are quite efficient in terms of fuel consumption and maintain their market value after several years of usage.
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