Executive Motoring
- The news you choose »
- Login to Add to Watchlist
Categories
Rental car demand up 20% in Dubai
Rental car demand in Dubai has climbed by up to 20% in the past few months despite the financial crisis, Moried Al Taher, Chairman of Discount Rent A Car, told Emirated Today in an interview. He said the rise in demand was due partly to stricter rules that banks have implemented for car loans.
Renault launches all-new Symbol in GCC
Renault GCC has introduced the all-new Renault Symbol to the region. The car, which has the same suspension as the Clio II, marks the carmaker's fourth launch for 2008 after the Clio F1 team R27, Renault Sport 197 and the recent Renault Safrane launch. The Symbol is powered by a 1.4 16V petrol engine with four-speed automatic transmission.
Porsche Centre Bahrain breaks sales record
The exclusive Porsche dealer in Bahrain, 'Behbehani Brothers', Porsche Centre Bahrain says it broke its sales record by selling 312 cars in 2008. The company said it was just four years ago that it broke its 1st record ever selling their 100th Porsche.
Toyota forecasts heavy slump
Japan's largest car manufacturer, Toyota, which is also the parent company of the Lexus brand, has forecast its first operating losses in 71 years as a drop in sales across the US, EU and Japan hits margins. Honda also forecasts heavy drops in revenue.
Chrysler gets $4bn bailout
Chrysler has received a $4bn emergency loan from the US government, similar to one given to General Motors on the last day of 2008. With industry sales plummeting, figures are due for release on Monday, the US government has had to make the emergency payouts to allow manufacturers to continue to meet existing overheads and payment schedules.
Hanco car rental inks Benz deal
Saudi-based Juffali Automotive Co. has announced closing a deal with Hanco for Car Rental for 60 Mercedes-Benz vehicles, 50 C-Class cars and 10 S-Class cars. Juffali is the exclusive distributor and dealer for Mercedes - Benz passenger cars in Saudi Arabia.
Ford to offer self-parking car
Ford Motor Company said yesterday that it is developing a car that can parallel park itself. The new self-parking technology will debut as an option on the 2010 Lincoln MKS sedan and the new seven-passenger Lincoln MKT luxury crossover vehicle, the company said. The technology uses ultrasonic sensors on the front and rear of the vehicle, combined with electric power steering to angle and guide it into a snug parking space - all with the push of a button.
New car sales plunge in Jordan
Sales of new cars in Jordan have fallen sharply over the past three months due to the global economic crisis, reported the Jordan Times. Some dealers report that sales have dried up for months, as people just come to their outlets simply to 'window shop'.
Used-car sales plummet in UAE
Sales of used cars in Dubai and Sharjah have fallen substantially, according to Sanjay Singh, manager of Advantage Used Cars in Dubai. He said the luxury used cars business has been almost zero because banks are reluctant to finance such deals. A dealer at Al Aweer said since the banks have raised the minimum salary for used car finance to Dhs5,000, ordinary buyers cannot obtain bank loans.
Saudi rally driver to debut new car
Saudi Arabian rally driver Yazeed Al Rajhi is set to debut a brand new Peugeot 207 S2000 in the Qatar International Rally, round one of the 2009 FIA Middle East Rally Championship, from January 22-24. The Saudi driver won both the Sharqia and Kuwait candidate rounds of the regional series in 2008 in a Subaru Impreza. The Peugeot S2000 has been built, and will be run, by the Belgian Kronos Racing team, under the management of Marc van Dalen.
Motor show opens in Jeddah
The annual Saudi International Motor Show is opening today its 30th editiion at the Jeddah Center for Forums & Events on Madinah Road at 5pm and will continue till Dec. 31, Arab News has reported. The event is organized by the Al-Harithy Company for Exhibitions Ltd., which covers vehicles, motorcycles, auto parts, accessories and garage equipment.
Hybrid Mercedes to hit the Mideast
A hybrid Mercedes S400, unveiled at the Abu Dhabi car show last week, is expected to go on sale in the Middle East next summer. The company says it will get 30 miles to the gallon and be the first luxury hybrid in the Middle East.
Goodyear service centre opened in RAK
Goodyear's authorized dealer, Swaidan Trading, has opened the UAE's sixth Goodyear Super Service centre, in Ras Al Khaimah. The centre will offer a range of Goodyear tires for all vehicle types, plus provide services such as tire fitting, wheel balancing, wheel alignment and oil change. The company said more Goodyear service centres are planned for around the UAE.
Al Habtoor cuts prices on Lancer Evolution
Al Habtoor Motors in Dubai has reduced the prices on its entire range of Lancer Evolution X 2009 MY cars. The 5-speed GSR manual transmission model is now priced at Dhs159,000, the 5- speed GSR manual with Performance Pack, is priced at Dhs167,000 and the upgraded 5-speed GSR manual is now Dhs 173,000.
Saudi Motor Show to be held in Jeddah
The 2008 Saudi International Motor Show will be held at the Jeddah Center for Forums and Events, from Dec. 27-31. Organized by the Al-Harithy Company for Exhibitions Ltd, the annual show now in its 30th year will cover vehicles, motorcycles, auto parts, accessories and garage equipment.
It looks like you are using a Mac - check out our 
Web Feeds