The Porsche 911 model achieved record sales in the Middle East region, with a 49 percent increase to 1,914 units
automobile business
Petromin, Gupshup partner to launch Saudi Arabia’s first generative AI-powered automotive AI agent
The AI Agent leverages generative AI capabilities on Gupshup conversation cloud to offer seamless and efficient vehicle support in both Arabic and English
Honda and Nissan confirm merger to create world’s third-biggest auto company
A holding company will be created and listed on the Tokyo Stock Exchange by August 2026; Mitsubishi will also be part of the merger
Honda, Nissan talk possible merger to create world’s third-largest auto company
Companies expected to make an announcement on December 23; The combined valuation will be $54 billion with annual output of 7.4 million units
Japanese ministry officials raid Toyota HQ as safety scandal worsens
This comes a day after five of country’s largest automakers admitted they manipulated cars and data in safety inspection
CarPrices.ae launches world’s first interactive car buying platform in UAE debut
The CarPrices.ae is expected to present a unique opportunity for car dealers and aftermarket companies to offer deals, services, and value-added benefits directly to new car buyers
Festive demand pushes car sales in India to historic highs in September
The Indian market saw passenger vehicle sales crossing the three million mark for the first time during the January-September period
Union workers go on unprecedented strike against Detroit’s Big Three automakers
More than 12,700 workers walked off three selected plants of Ford, General Motors and Stellantis – the first time all three have been targeted
Saudi Arabia’s Ministry of Commerce fines car agencies for law violations
The British, Italian, American, Korean and Chinese car agencies are among the agencies which have been fined
The Gulf’s automotive industry: Why is it so strong and where is it heading?
Everything starts with the favourable business environment of the GCC
Sharjah’s Souq Al-Haraj reports 11 percent jump in vehicle transactions since Jan 2022
The auto business arm a Sharjah Asset Management has more than 350 rented units including showrooms, retail shops and 70 stores for car care services, making it a major destination for buying and selling cars in the emirate