GB Auto Corporate Growth and Expansion Strategy
AUTO
Management's future plans focus on key growth and profitability drivers
Egypt
Where we see the opportunity...
Iraq
.
Maintain leadership in passenger car market
.
•
Dominate the mini-bus segment
•
Continue to expand after-sales and distribution
center thereby expanding customer reach
• Support sales of passenger cars, commercial
vehicles and three- and two-wheelers through
financing options
• Increased profitability due to larger contribution of
financing businesses to the top-line and larger
contribution of after-sales segment, particularly
post-rollout of service centers in 2010
• Given growth of the economy and pent-up
demand, monthly sales of 2,500 units are
considered the "tip of the iceberg"
• Operating after-sales network to support sales,
solidify market presence and increase profitability
•
• Potential expansion of GB Auto's commercial
vehicle and tuk-tuk operations in Iraq
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