Riyadh, Saudi Arabia – Carsvid, the leading digital platform for buying and selling cars in the Kingdom of Saudi Arabia, announced the signing of a strategic partnership agreement with Al Sharaf Motors, one of the Kingdom’s largest authorized automotive distributors. The agreement reflects the accelerating shift toward digital transformation in the automotive sector and enhances the experience of purchasing and financing new cars through integrated digital solutions.
The agreement was signed in the presence of Carsvid CEO, Mr. Fadi Al-Talawi, and the owner of Al Sharaf Motors, Mr. Mohammed Al-Qahtani. The partnership aims to expand new car sales, increase financing opportunities, and provide customers across the Kingdom with a faster and more transparent purchasing experience.
Under the agreement, Carsvid will manage Al Sharaf Motors’ digital presence through its platform by showcasing vehicles using professional short-form videos that provide customers with a realistic and interactive viewing experience. The platform will also provide digital financing solutions and track the customer journey, from browsing the vehicle through to completing the purchase and delivery procedures.
This partnership is part of Carsvid’s strategy to redefine the car-buying experience in the Kingdom by building an integrated digital ecosystem that combines visual content, digital marketing, lead management, call centers, financing, and operational processes. This ensures a seamless and reliable customer experience while improving the sales efficiency of its partners.
Fadi Al-Talawi, CEO of Carsvid, said:
“At Carsvid, we seek to empower automotive dealers, showrooms, and companies to achieve real growth through technology and visual content. Our partnership with Al Sharaf Motors represents an important step toward achieving our vision of building the Kingdom’s largest digital car sales ecosystem, combining innovation, accessibility, and an integrated customer experience.”
The agreement is expected to increase the number of customers eligible for financing, accelerate the sales cycle, improve conversion rates, and strengthen consumer confidence in the experience of purchasing new cars through digital platforms.
For his part, Mohammed Al-Qahtani, owner of Al Sharaf Motors, confirmed that the cooperation with Carsvid aligns with the company’s direction of adopting the latest digital solutions and expanding its customer reach. This will contribute to delivering a more advanced and flexible experience that meets the aspirations of the Saudi market.
Through this partnership, Carsvid continues to implement its vision of enabling automotive dealers and showrooms to transform into effective digital sales platforms powered by visual content and modern technologies to increase customer reach and achieve better sales results, in line with the objectives of digital transformation and Saudi Vision 2030.
As part of its strategy to develop the digital car-buying experience, Carsvid continues to invest in the latest artificial intelligence technologies to enhance sales efficiency and customer service. The company recently launched “Sultan,” the Kingdom of Saudi Arabia’s first AI employee specializing in car sales, operating around the clock to provide a faster and easier purchasing experience.
“Sultan” responds instantly to customer inquiries, recommends suitable cars based on each customer’s needs and budget, and provides accurate information about specifications and financing options. It also accompanies the customer through the various stages of the purchase until the order is completed. This innovation is part of Carsvid’s vision to build an AI-powered platform that improves sales efficiency, enhances the customer experience, enables its partners to achieve higher conversion rates, and accelerates deal completion.
About Carsvid
Carsvid is the leading digital platform for buying and selling cars in the Kingdom of Saudi Arabia. It offers an innovative experience based on interactive short-form videos, enabling users to browse cars in a more realistic and transparent way. The platform combines the latest technologies, vehicle inspection services, financing solutions, and digital customer journey management to provide an integrated purchasing experience that begins with discovering the car and ends with receiving it with ease.
About Al Sharaf Motors
Al Sharaf Motors was established in 1987 and is one of the largest authorized automotive distributors in Riyadh. The company offers Nissan, Hyundai, and Ford vehicles, along with a variety of financing solutions through approved banks and finance companies. It is committed to providing high-quality services before and after sales, with a focus on building long-term customer relationships and contributing to the development of the automotive sector in line with the objectives of Saudi Vision 2030.
Agreement Photos
