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Industry / Saudi Arabia

Budget, ALJ Ink Deal For 5,000 Toyota Cars

September 2009 | Company Brief

News: According to Arab News, Saudi Arabian joint stock company The United International Transportation Co (Budget) has signed an agreement with Abdul Latif Jameel (ALJ) to buy 1,500 cars of Japanese automaker Toyota Motor. ALJ, the exclusive dealer for Toyota in Saudi Arabia, will sell the cars to Budget in 2010. Budget's Chairman Abdul Ilah Zahid has stated that Toyota cars account for 60% of the company's fleet.

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