Kuwait Finance House (KFH) has inaugurated the Chinese Cars Festival in the presence of Acting Group Chief Executive Officer at KFH, Abdulwahab Issa Al-Rushood, the Chinese Ambassador to Kuwait Zhang Jianwei, and a number of officials of Chinese car dealerships in Kuwait, in addition to KFH's executive management.

The three-month festival, held at KFH Al Dajeej Showroom is specialized in Chinese vehicles.

During his speech on the occasion, Al-Rushood expressed KFH's pride at launching this unique festival, which will contribute to reviving the automotive market in the interest of customers and car agencies at the same time, stressing that such exhibitions facilitate the selection process for customers from among various brands, noting that the festival will be the beginning of a series of festivals that meet the aspirations of customers in the automobile industry.

"In this exhibition, we have gathered more than 13 brands, including more than 147 different types of cars to meet the different desires and needs of customers and suit all segments. KFH is introducing unprecedented financing solutions with unique benefits for the first time on the sidelines of the festival.” He said.

Al-Rushood pointed out that KFH is a major contributor to supporting the automotive market in general through its distinguished financing services and various exhibitions spread throughout Kuwait, noting KFH's leadership in the field of car finance, and its ownership of the largest showroom in the Middle East, KFH Auto in Shuwaikh, which includes most of the car agencies in Kuwait, in addition to its variety of land, marine and other vehicles.   

Advanced technology

For his part, His Excellency Zhang Jianwei, Chinese Ambassador to Kuwait, praised the efforts of KFH, which resulted in this unique festival and exhibition at the level of Chinese cars and brands.

He stressed that Chinese cars have swept the Kuwaiti market significantly, as 22 Chinese brands joined the Kuwaiti market during the past year, in a clear indication of the quality of Chinese industry, and the confidence of the Kuwaiti customer in the Chinese industry.

He pointed out that Chinese cars have advanced technology and high-quality manufacturing, and their prices are competitive, and this is what distinguished them and made them among the major car manufacturers, as Chinese cars ranked third recently in the number of sales in Kuwait.

Exclusive Financing Solutions

Wael AlKharraz, Executive Manager - Auto Finance and Leasing at KFH, stressed that this three-month festival is an opportunity for KFH customers and non-KFH customers to learn about Chinese cars and their types under one roof.

AlKharraz emphasized that KFH offers exclusive financing solutions during this festival to its customers and visitors to the exhibition, in addition to special offers provided by participating car agencies in the automotive sector.