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| From its status as a bureau office since 1989, the company developed to become a fully-fledged establishment operating as a Commercial Agency in 2004, and as an exclusive Distributor for the following Manufacturers:
1) Hyundai Corporation:
The Company partnered with Hyundai Corporation for the Electric and Electronic Home Appliances for the Iraq Market.
Al-Kasid is again representing another Hyundai Product to ensure that Hyundai and Al-Kasid names go together.
2) Hyundai Motor Company (HMC):
Al-Kasid has been importing Hyundai vehicles since 1996.
In 1999, HMC presented Al-Kasid with a Letter of Intent to facilitate its business in Iraq.
• In 2003, Al-Kasid officially ventured with Hyundai Motor Company as its Exclusive Distributor in Iraq following a change that allowed local private companies to represent Auto Manufacturers.
• Al-Kasid introduced Hyundai Vehicles to all the Iraqi Ministries as well as the Private Market and is currently enjoying the highest Market Share for both the Passenger and Commercial vehicles.
• Products of Hyundai Motors in Iraq and target volumes as at 2008:
1- Passenger Cars: 9,000 Units
2- Light Commercial Cars: 2,000 Units
3- Buses, Medium and Heavy Commercial (and S.P.V.): 600 Units
Facilities for Hyundai Motor Company:
a) Showrooms (Passenger & Commercial):
Baghdad
Erbil
Basrah
Wassit
b) After Sales Service for Hyundai Motor Company
Baghdad
Erbil
Basrah
Wassit
Other Province (Mobile Workshops)
Hyundai Heavy Industries (HHI) – Power Plants Division
Currently, we are negotiating with HHI – Power Plants Division to undertake the After Sales Services for HHI Power Generator Sets for Iraq.
4- We are the exclusive Distributor of Hyundai Heavy Industries – Construction Equipment Division for Iraq Market.
Showrooms:
1- Baghdad & Erbil
2- Basrah, Najaf & Wassit (Future projects).
A/S Service Facilities:
1- Baghdad & Erbil (Service Centers)
2- Other province (Mobile Work Shops). |
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