The Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, met today with car dealerships operating in Saudi Arabia, to discuss the abundance and prices of spare parts.
During his meeting with representatives of 36 car agencies in the Kingdom of Saudi Arabia, Al-Qasabi stressed the importance of an abundance of auto spare parts, and improvement of maintenance and warranty services, stressing the ministry’s intensification of inspection and control work to ensure and preserve consumer rights.
The meeting comes within a series of periodic meetings held by the Minister of Commerce with representatives of the private sector, with the aim of limiting the challenges facing the development of its business and improving its services, reviewing performance indicators of product quality and consumer satisfaction, and addressing deficiencies in aspects of services related to consumer rights, according to “SPA”.
Abdulaziz Al-Ahmadi, Undersecretary of the Saudi Ministry of Industry and Mineral Resources for Strategies and Industrial Sectors, said that the Kingdom aims to localize the automobile industry and shift to export.
In a statement last January, he added that the local market will benefit from local manufacturing, and the focus will also be on exporting cars, in addition to products from other sectors in Saudi Arabia.
The Saudi Ministry of Industry and Mineral Resources had issued a memorandum of understanding with South Korean Hyundai Motor. The memorandum of understanding aims to enhance joint cooperation for the auto industry in the region in order to achieve the goals of the national strategy for industry in developing local manufacturing capabilities, and in line with the goals of the Kingdom’s Vision 2030 that seeks to diversify The economic base in the Kingdom.
“The national strategy for the industry expected the growth of light car sales in Saudi Arabia by 2.2% in the next decade, to reach 800,000 cars in 2030,” according to Al-Ahmadi.