After a successful 20 year partnership with Al Habtoor motors, Aston Martin is parting ways, as part of a strategic expansion plan in the Middle East and North Africa to emphasize the company as a maker of luxury products...
Europe seems to be in turmoil, U.S. is getting out of the worst depression but on this side of the Ocean it's all bling! A man from the UAE bought the world?s most expensive car. A custom made Bugatti L'Or...
The Gulf region has become a hot market for luxury cars, despite the political turmoil in parts of the Middle East. It is seen that wealthy Arabs are all set to buy a record number of vehicles from the...
Audi unveils the open-topped supercar R8 GT Spyder, which boasts some exceptional features. The R8 GT Spyder weighs only 85kg with its side and rear panels, front/rear spoilers and rear bumper all made of carbon fibre-reinforced polymer (CFRP). The special...
BMW?widened its lead as the top imported luxury car maker in the United States last month. Its sales were up nearly 20 percent on the sale month last year as it outsold Daimler?s Mercedes-Benz and other luxury...
Nissan Motor Co. announced a new plan dubbed as ?Power 88?, which is a reference to its 8 per cent growth. This is not the first the auto maker is coming with such names, in the recent past it...
The gulf auto industry is at its down most point. It is learnt that in the last three years; this is the first six months of new vehicles? sales slumping down. The sales in UAE is the lowest for...
Toyota Motor Corp is forecasting its operating profit to fall by a 35 percent (to $3.7 billion); as the recent earthquake in Japan disrupted the company?s car production and sales. The company had reported a 52 percent fall on profit...
Automechanika Middle East Automechanika Middle East, the largest international automotive aftermarket trade fair in the wider Middle East, got underway at the Dubai International Convention and Exhibition?Centre. Organizers expects a record high in exhibition and visitor numbers (over 1,100 exhibitors...
Ford Motor Co, the No 2 US automaker, is developing the smallest engine that can save fuel as the gasoline prices and the federal standards on the fuel economy have become stricter. The new model is a 1.0-litre three-cylinder engine...
Aabar Investments of Abu Dhabi is proceeding talks with Red Bull for a collaboration in joint activities of Red Bull?s corporate projects. The colloboration, however, is not applicable on Red Bull?s Formula One teams or its beverage business. Aabar...
By AG Team Cars sales in the UAE have recovered in 2010 and are set to reach near pre-crisis levels this year, according to figures released by Dubai Chamber of Commerce and Industry recently. Business Monitor International (BMI), a market leader...
Tata Motors has revealed that annual sales of its luxury cars were nearly 244,000 globally. As analysts commented, Tata Motors have been able to revive its position in line with the British luxury marques Jaguar and Land Rover; with...
In an era of fast rising fuel prices, the US auto industry has made small cars a central part of its strategy- outdoing their long time Japanese rivals. By focusing on small cars and de-emphasizing the gas-guzzlers that had...
Car rental companies run short of cars in the wake of catastrophes in Japan. Post tsunami and earthquake there is a sharp decline in the production of cars by Toyota. Leasing companies recommend switching to other models such as...