Tuesday, May 4, 2010

FROM TAIWAN TO MIDDLE EAST


Following its impressive international debut at the 10th Dubai International Motor show, Taiwan’s first passenger automobile brand LUXGEN has signed its first international distributorship agreement with Oman’s MHD (Mohsin Haider Darwish) L.L.C., one of the largest and most successful privately owned business houses in the region, representing a portfolio of premium automotive brands including Land Rover, Jaguar and Volvo.

Two models, the LUXGEN7 MPV and the LUXGEN7 SUV, are scheduled to be launched in the Q4 of 2010 in Oman. LUXGEN7 MPV, the first model released by LUXGEN,  had an astonishingly successful market launch in Taiwan by out-selling the entire Hyundai brand just by itself. Five seater LUXGEN7 SUV is said to be powered by a 2.2-liter turbocharged engine producing around 180-horsepower, paired with 5-speed transmission and it is offered with front and all-wheel drive.
LUXGEN is now targeting emerging markets around the world including the Middle East, China, Central America, Russia and South East Asia, and has signed the letter of intent with a number of potential candidates in these areas, paving a path to establish successful business relationships in these regions. Moreover, negotiations for the LUXGEN distributorship agreement in both Vietnam and Dominican Republic have both been smooth and are close to being finalised.

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