Dubai to develop huge international car market and boost auto sales in the city
Cars & Boats
bank loans
Emirates NBD and CARS24 team up for auto loans in 10 minutes as UAE used car market set to hit $32bn
Emirates NBD and CARS24 will offer auto loans inn just 10 minutes for second-hand car buyers
Aston Martin
In pictures: First look at Aston Martin’s limited-edition Valiant
The Valiant is limited to 38 units globally and first deliveries are scheduled to begin in Q4
Dubai Chamber
Vietnamese electric vehicle manufacturer VinFast announces regional HQ in Dubai
Dubai International Chamber supports electric vehicle maker VinFast in setting up HQ
automobile industry
Ferrari planning to sell its forthcoming EV for upwards of $535,000
The company will launch its new manufacturing facility – e-Building – in Maranello on 21 June, which will increase production to 20,000 units
Dubai
Dubai Police add Tesla Cybertruck to supercar fleet and Elon Musk thinks it is cool
Dubai Police add Tesla Cybertruck to fleet of luxury and high-tech patrol vehicles
Dubai
Dubai $6m Lamborghini breaks record for most expensive online car sale on Supercar Blondie’s SBX Cars
The vehicle was previously owned by a member of the Saudi royal family and beats the previous record held by a 2017 Ferrari LaFerrari Aperta, which sold for US$5,360,000 in 2022
Ceer
Ceer signs $2.2bn partnership with Hyundai
Ceer and Hyundai partner up on Electric Vehicle Drive Systems
Automobili Lamborghini
Lamborghini’s ‘Spirit of Countach’ art piece from UAE takes centre stage Italy
The famed art work features intricate calligraphic forms inspired by ancient Arabic calligraphy and arabesque patterns in Islamic architecture
Ceer
Most Saudi residents likely to purchase battery electric vehicles: Report
The demand is anticipated to further incline to over 85% of the population by 2035
Dubai ride-hailing market
BluSmart announces 100% electric limo service in the UAE
India’s BluSmart expands into the UAE with electric limo service in Dubai
Electric car
Lucid announces UAE expansion with Dubai showroom, EV prices start at $84,000
Saudi-owned Lucid Group opens second Middle East studio with retail outlet and service centre in Dubai
Cruise
Resorts World Cruises announces Dubai to Doha and Muscat cruises; 150,000 passengers expected
Dubai will be base for new Arabian Gulf cruise trips for Resorts World One
Ford
Ford Middle East sales up 29%, highest since 2016
Ford Middle East sales are at their highest since 2016, Territory tops SUV sales charts
automobile industry
Silence of the Lambos: Lamborghini CEO confirms move to ditch conventional fuel for electric models, new hybrid Urus SE price revealed
At the launch of the newest hybrid model Urus SE, the CEO, Stephan Winkelmann unveiled plans for a potentially fully electric future for the luxury supercar company amid attempts to keep “hybridisation” alive for as long as possible
Dubai
Dubai Police add Audi RS Q8 and Defender beach bike to supercar fleet
Dubai Police adds new supercar and specialised high-speed beach bike to fleet of patrol vehicles
China
Chinese EV maker Leapmotor plans India foray riding on tie-up with Stellantis
Partnering with Stellantis, which recently acquired a stake in its global operations, Leapmotor reportedly aims to announce its investment and entry plans for India soon