The Al-Futtaim company grew by around 300% in the past 5 years
Dubai, United Arab Emirates, 24 June, 2020: Al-Futtaim HINO, an Al-Futtaim Automotive company that exclusively franchises light, medium and heavy duty HINO trucks in the UAE, announced today 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 registerd a growth of 23% in the last twelve months, thanks to its increased sales in the FMCG and goods delivery operators sectors.
Ramez Hamdan, General Manager, Al-Futtaim HINO, said, “Our market dominance today would not have been possible without the collective effort and dedication of our highly talented team, who have worked tirelessly to grow this promising business from where we started five years ago to this remarkable achievement we see today, despite some of the most challenging market conditions. This commitment paired with our partnership approach to our clients and delivery of a fast and dependable aftersales support stands us in good stead to continue on this trajectory for the coming years.”
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 aftersales total support concept where experts from Al-Futtaim HINO team provide eco-driving training to their partners' drivers to help them optimize total cost of truck ownership and contributing to the bottom line. These training help fleet owners improve fuel efficiency, minimise the cost of wear and tear, reduce service and maintenance costs as well as insurance premiums and decrease the risk of major road accidents.