The Al-Futtaim subsidiary grew by around 300% in the past five years
Al-Futtaim HINO, the Al-Futtaim Automotive subsidiary that exclusively franchises light, medium and heavy duty HINO trucks in the UAE, announced recently that it has increased its market share by around 300% in the past 5 years, growing from 12% in 2015 to lead the market with 47% as of May 2020.
In the last five years, HINO has established an excellent foothold in the overall FMCG, waste management, logistics, construction and petrol delivery industries. More recently, it has registered a growth of 23% in the last twelve months, thanks to its increased sales in the FMCG and goods delivery operators sectors.
“This commitment paired with our partnership approach to our clients and delivery of a fast and dependable after-sales support stands us in good stead to continue on this trajectory for the coming years,” remarked Ramez Hamdan, General Manager, Al-Futtaim HINO.
Looking ahead to the next six months, the company is expecting a steady performance in the second half of this year, with an increased focus on its after-sales total support concept to help owners optimize total cost of truck ownership and contributing to the bottom line.
The HINO line-up in the UAE consists of light duty HINO300 series, medium duty 500 series and heavy duty 700 series.