Taiwanese car firm Yulon has announced an international distribution deal for its Luxgen premium car brand in Oman.
After a succession of negotiations Luxgen has signed its first international distributorship agreement with Oman’s MHD (Mohsin Haider Darwish) LLC.
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Mr K.C. Hu, CEO of Luxgen said: “Beyond the record-breaking sales success in Taiwan, we have also achieved a breakthrough in the international market development as well. This distribution agreement for Oman is just the beginning of our global marketing strategy, more importantly, it will elevate Taiwan’s automobile industry to the level never before reached.”
Two models from Luxgen – the Luxgen7 MPV and the Luxgen7 SUV, are scheduled to launch in the Q4 of 2010 in Oman.
Luxgen’s new distribution network in Oman will be managed by Mr. Mohsin Haider Darwish, the managing director of MHD LLC.
Luxgen says it is now targeting emerging markets around the world including the Middle East, China, Central America, Russia and South East Asia, and has signed letters of intent with a number of potential candidates in these areas.
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By GlobalDataMoreover, it says negotiations for the Luxgen distributorship agreement in both Vietnam and Dominican Republic are ‘close to being finalised’.
