During his visit to the Kingdom last month, Volvo Trucks Corporation (VTC) President, Mr. Claes Nilsson, presented Mr. Nasser Bayram, Group President – Transport, an award of recognition for 37 years of successful partnership between VTC and Zahid Tractor, and for their joint achievements in market share growth throughout the last 10 years.
The partnership between Zahid Tractor and Volvo began in 1980 with a vision to provide superior quality vehicles and after-sales services to the Saudi market. After experiencing much success, both companies formed Arabian Vehicles and Trucks Industry Ltd (AVI) in 1998 to locally assemble and sell Volvo trucks in the Kingdom. Today, AVI operates out of a state-of-the-art facility in King Abdullah Economic City, one of the first in the world to assemble both Volvo and Renault trucks on the same line, and with a designed capacity of 4,000 trucks per year in a single shift.
Zahid Tractor is part of the Zahid Group, a privately held organization representing a diverse range of companies, strategic partnerships, and world-renowned brands. Headquartered in Jeddah, Saudi Arabia, the Group is led by an established family whose commercial roots date back over a century.