Latest news with #EliteGroupHolding
Khaleej Times
26-05-2025
- Automotive
- Khaleej Times
Elite Group Holding expands automotive portfolio with launch of ART Elite Car Rental
Elite Group Holding has launched ART Elite Car Rental, a new subsidiary offering flexible, all-inclusive vehicle leasing services. The UAE-based conglomerate — an exclusive partner of Soueast and Jetour in the UAE is kicking off the initiative with Soueast vehicles available for immediate leasing, with Jetour models set to join the lineup in the coming months. Customers can now lease the full Soueast range, including the S06, S06 DM, S07, and S09 — reliable, feature-packed vehicles designed to ease your life that deliver great value without long-term ownership commitments. Designed with a focus on value, convenience, and peace of mind, ART Elite Car Rental offers a seamless leasing experience tailored for individuals, families, and businesses. This strategic after-sales initiative underlines the Group's commitment to enhancing customer satisfaction across its ecosystem. The UAE's car rental market is projected to generate over $182 million in revenue in 2025 and grow to $214.7 million by 2029 (Statista, 2024). The launch of ART Elite Car Rental reflects Elite Group Holding's entry into a growing sector fueled by rising demand, digitalisation, and an evolving customer base. ART Elite Car Rental simplifies mobility by covering every major cost of ownership. Customers benefit from zero downpayment, free comprehensive insurance, routine service and maintenance, registration, 24/7 roadside assistance, flexible payment plans and easy vehicle replacement. A dedicated team of leasing experts ensures a personalised experience at every touchpoint. While the service currently offers only Soueast vehicles, Jetour models will be introduced soon as part of the Group's broader rollout. Plans are also underway to expand the offering to other automotive brands and market segments.
Hi Dubai
20-05-2025
- Business
- Hi Dubai
Dubai Industrial City Attracts AED1.7 Billion in Investments Across Key Sectors
Dubai Industrial City has secured over AED1.7 billion in investments across major economic sectors in the past year, reinforcing its role as a leading hub for manufacturing and foreign direct investment in the region. The announcement, made during the 'Make it in the Emirates' forum, highlights significant growth in sectors such as food and beverage, heavy equipment, energy solutions, automotive, and light industries. The industrial hub, part of TECOM Group PJSC, continues to support the UAE's national industrial strategy and economic diversification goals. Saud Abu Alshawareb, Executive Vice President – Industrial at TECOM Group, said the investments reflect the district's global appeal to manufacturers and its contribution to Dubai's growing status as an international FDI destination. 'We remain committed to advancing the goals of Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda 'D33',' he added. Over the past year, Dubai Industrial City has seen expansion across its six industrial zones, which cater to base metals, machinery, minerals, F&B, transport, and chemicals. The area's specialised infrastructure—ranging from industrial land to logistics facilities—continues to attract new players. Recent entrants include Elite Group Holding, which is investing AED100 million in a 1 million facility targeting the automotive and e-commerce sectors. Pure Ice Cream, known for producing Baskin-Robbins and Kwality brands, is developing an AED80 million facility, while OZON Pharmaceuticals plans to establish a AED293 million production hub. With more than 1,100 manufacturers and over 350 operational factories, Dubai Industrial City plays a key role in regional and global supply chains. Strategically located near Jebel Ali Port, Al Maktoum International Airport, Etihad Rail, and major highways, it offers manufacturers seamless access to international markets. News Source: Emirates News Agency
The National
09-05-2025
- Automotive
- The National
Chinese SUV specialist Jetour eyes massive Middle East expansion
China's Jetour has made rapid inroads since entering the UAE market in 2020, with the popular Dashing and Land Rover Defender-esque T2 selling out virtually as quickly as the local dealership – Elite Group Holding – can land the vehicles here. However, the SUV specialist marque – a subsidiary of Chinese car-making giant Chery Automobile Company – is just getting started, and plans are in place to turn Dubai into a regional supply hub for the brand. The company has revealed plans to use Dubai as a launch pad to supply the rest of the GCC countries with its vehicles, adding that Jebel Ali will be the regional manufacturing area. While specific details on the proposed local manufacturing plant haven't been shared for now, what is known is that Jetour plans to roll out no less than 10 new models by 2026, catering to a broad range of buyer requirements and budgets in the SUV sector. Jetour's burgeoning local model line-up already includes the T1, T2, Dashing, X90 Plus, X70 and X50, with prices ranging from just under Dh70,000 to around Dh150,000. The flourishing Chery subsidiary notched up about 560,000 global sales in 2024, and Ke Chuandeng, president of Jetour International, said the tally should top 800,000 vehicles this year. Although the majority of these are domestic sales, the Middle East, Latin America, Russia and Africa already account for about 35 per cent of the brand's sales volume. The stated goal is that overseas sales should hit 50 per cent of the total in a few years. 'We believe that in three to five years, the international market will be higher, or at least equal to, our sales in the domestic market,' Ke told Reuters at the recent Shanghai auto show. Jetour's ambitions to grow its international footprint will soon receive an additional boost as it plans to launch in some European markets in the third quarter of this year. The aim is to sell cars across much of the continent by 2027, according to company executives. Incidentally, the Jetour name is an amalgamation of the words 'jet' and 'tour', which, according to the brand, signifies a 'convenient journey'. The explosion of Chinese brands in the UAE market has been one of the big stories in recent years, with Jetour now vying for market share against the likes of BYD, Geely Haval, Changan, GAC, JAC, Great Wall, NIO, Zeekr, Hongqi and others, including its own Chery stablemates Jaecoo and Omoda. Local buyers may have been sceptical of Chinese vehicles a decade ago, but vast improvements in design, driving dynamics and build quality in recent years have elevated these brands into genuine competitors for Japanese, Korean and even European offerings. In most cases, Chinese brands back their cars with lengthy warranties and load them with generous equipment levels, adding to their strong value proposition.
Gulf Business
22-04-2025
- Automotive
- Gulf Business
Jetour UAE achieves 230% YoY growth with Elite Group Holding
Image Credits: Supplied Jetour UAE has experienced great success, achieving a 230 per cent year-on-year growth from 2023 to 2024, with its exclusive partner, Elite Group Holding. This expansion has allowed Jetour to strengthen its market share, expand its customer base, and become a leading SUV brand in the UAE since its successful market entry. With exclusive partnerships including Jetour, Soueast, and Zenvo, their automotive arm features The Elite Cars showroom and ART Elite Car Rental. The group also excels in contracting (ZRT) and e-commerce, with plans for over 20 new UAE facilities to expand their significant regional impact. Jetour growth fuelled by these factors Jetour's strong growth is fuelled by its focus on high-performance, adventure-ready vehicles designed for the UAE market. The brand is strategically increasing its physical presence, emphasing innovation, customer satisfaction, and accessibility, with the new Deira showroom joining Al Quoz and Abu Dhabi, and more planned across the UAE. Furthering its success, Jetour is expanding its T-Series lineup with the T2 IDM, a plug-in hybrid T2 offering efficient off-road performance and optimal fuel balance. The recently launched Jetour T1, previewed in late 2024, is already impacting UAE roads, enriching the brand's SUV offerings to cater to a diverse customer base. Commenting on this milestone, Jesico Gonsalves, GM of As Jetour began its expansion in the UAE, the brand's core strategy revolves around introducing advanced vehicles that balance powerful performance, the strategic alliance with Elite Group Holding provides the expertise support necessary for Jetour to further establish its dominance in the SUV segment. A key differentiator in this pursuit is the exceptional 10-year/1 million KM warranty, designed to build unparalleled customer trust and confidence in the Jetour brand across the UAE. Read: F
Khaleej Times
10-04-2025
- Automotive
- Khaleej Times
Elite Group Holding fuels Jetour UAE's remarkable growth, achieving 230% year-on-year expansion
Elite Group Holding, the exclusive partner of Jetour UAE, is propelling the brand's rapid expansion, achieving an impressive 230% year-on-year growth from 2023 to 2024. Since its successful entry into the UAE market, Jetour has strengthened its market share, expanded its customer base, and solidified its presence as a leading SUV brand in the region. This exceptional growth is driven by Jetour's commitment to delivering high-performance, adventure-ready vehicles tailored to the discerning needs of the UAE market. Jetour has significantly expanded its physical presence with a strategic focus on innovation, customer satisfaction, and accessibility. The recent launch of its showroom in Deira joins other locations in Al Quoz and Abu Dhabi, with more to come across the Emirates, further enhancing its reach and service capabilities. Building on this momentum, Jetour is expanding its acclaimed T-Series lineup with the introduction of the T2 iDM, a plug-in hybrid variant of the widely praised T2. This latest model seamlessly integrates intelligent energy management systems, offering an optimal balance between fuel efficiency and off-road performance. Additionally, the Jetour T1, originally previewed in December 2024, is already making an impact on UAE roads, further diversifying the brand's SUV offerings to cater to a broad spectrum of drivers. Jesico Gonsalves, general manager, Jetour UAE, commented: "The remarkable reception of Jetour in the UAE underscores the brand's ability to meet the expectations of modern drivers. Our growth reflects the trust our customers place in us and the strength of our strategic partnership with Elite Group Holding. With continuous investment in product innovation and customer engagement, we remain dedicated to redefining the SUV landscape in the UAE." As Jetour continues to expand, the brand remains committed to introducing cutting-edge automotive solutions that balance performance, sustainability, and versatility. Supported by Elite Group Holding's expertise and strategic direction, Jetour is poised to reinforce its leadership in the SUV segment, offering an exceptional driving experience backed by an industry-leading 10-year/1 million KM warranty. With an unwavering focus on innovation and customer-centric growth, Jetour is set to shape the future of the UAE's SUV market, delivering adventure-ready vehicles that resonate with today's drivers.
