RIYADH: Saudi lubricants and automotive services company Petromin Corp. has launched a new subsidiary named National Auto Parts Co., which will sell multi-brand auto parts to wholesalers and independent garages through an online platform.
In a press release, Petromin noted that the new firm will play a crucial role in creating a digital marketplace that will ensure customer convenience and trust, in line with the digital transformation goals outlined in the Kingdom’s Vision 2030.
Petromin also added that the launch of the new company is a part of the firm’s multi-brand aftersales strategy aimed at ensuring the availability of world-class products throughout the country.
“To achieve our goals, we are focused on disrupting the traditional market by adopting innovative technology, efficient customer service, world-class logistics and inventory management aiming to deliver operational excellence,” said Steve Horne, CEO of NAP.
He added: “Under the umbrella of Petromin Corporation, we have adopted the corporate philosophy of Omnipreneurship that strongly supports our core values and principles as an international business.”
Kalyana Sivagnanam, the group CEO of Petromin, said: “This launch is an integral addition to the Petromin family that will continue to support our mission in spearheading sustainability in the automotive industry across the region and beyond.”