Press release -
Klintberg & Way Group Announces Record Turnover for 2023
Klintberg & Way Group (KW Group), a renowned market leader in the distribution of American vehicles and spare parts across Europe, is thrilled to announce a historic year of exceptional financial performance in 2023. With an annual turnover of €250 million, KW Group has achieved its highest result in its 50-year history.
"Celebrating our historic result in 2023, Klintberg & Way Group continues to set new standards in the European automotive industry. With almost 50 years of excellence behind us, we're more determined than ever to deliver quality American vehicles and spare parts to our European customers." - Said Joacim Fredriksson, Group CEO.
KW Group's largest business sector, the distribution of Dodge & RAM vehicles in Europe, has experienced an impressive growth compared to the previous year. This achievement is particularly remarkable given the current challenges in the European automotive market.
Federico Marini, General Manager of KW Automotive, attributed this achievement to their extensive network of dedicated European dealers. "The success we achieved this year owes much to our strong network of dedicated European partners. We are excited about further solidifying our market position in 2024," - Marini stated.
KW Parts, the spare parts division of KW Group, also reported a notable upturn, marking its most successful year on record. It witnessed substantial growth across a majority of its product categories, in both B2B and B2C categories.
"We are thrilled to assist a growing European workshop network who rely on us for their spare parts distribution, valuing our rapid delivery service across Europe and our commitment to a customer-focused approach." - Commented Mikael Dahlin, CCO KW Parts
Klintberg & Way Group's dedication to quality, excellence, and customer satisfaction has been the driving force behind its monumental achievements in 2023. As the company looks forward to 2024, it remains committed to providing American vehicles and spare parts to its European customer base.
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KLINTBERG & WAY GROUP - FROM AUTOMOTIVE DISTRIBUTION TO FIRST CLASS SERVICES
Klintberg & Way Group, a top European mobility solutions provider, has innovated automotive experiences for nearly 50 years. Our extensive portfolio, which includes KW Automotive, KW Technology Center, KW Parts, and KW Autohaus, covers everything from vehicle distribution to parts, warranties, and retail services.
In partnership with renowned automotive brands, we're reshaping America's automotive footprint in Europe. Our aim remains steady: to offer consistent and high-quality automotive products and services across the continent. We're committed to this journey.
