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Dubai to auction thousands of cars
Thousands of impounded cars are set to be auctioned in Dubai under a new law that gives police the right to sell vehicles that have been unclaimed for more than six months, reported The National. Col Saif Muhair al Mazrouei, deputy director of the Dubai Police traffic department, said authorities currently have 6,800 cars reserved for sale and out of these, the first batch of 2,042 will be sold in the coming days. Auctions will take place at the three car pounds in Al Qusais and Al Barsha areas once every six months. Cars will not be individually sold but will be sold in bulk to dealers.
New VW Golf on sale in Saudi
The new VW Golf, the sixth in the series, has been launched in Saudi Arabia. The company says all key body elements of the car have been redesigned. At the same time, the new Golf has a sportier and more distinctive image than any previous generation of the model series, the company said.
BMW sales rise in Saudi Arabia
Mohamed Yousuf Naghi Motors, the exclusive importer of BMW Group in Saudi Arabia, has said its new car sales had seen a 24% increase to 1,241 vehicles sold between January and June 2009, compared to the same period in 2008, the Saudi Gazette has reported. This places the firm among the top three performing importers for BMW in the Middle East. BMW 7 Series was the company's best-seller with 617 new vehicles sold in the kingdom. Sales of BMW Premium Selection, the company's used car program, grew 158% with the importer selling 245 used cars between January and June 2009.
Arabian Automobiles offers deal on Nissan Tiida
Arabian Automobiles, the exclusive dealer for Nissan, Infiniti and Renault in Dubai and the Northern Emirates, has announced a new finance plan designed to enable budget-conscious drivers to buy the Nissan Tiida small family car. Under the new plan, interested customers can purchase the latest 2009 model Tiida with a 0% down payment and 4.25% interest rate.
All new E-Class Coupé unveiled in Dubai
Gargash Enterprises, the authorized distributor for Mercedes-Benz in Dubai, Sharjah and Northern Emirates, has launched the all new 2010 E-Class Coupé at its showroom in Dubai. The new model is currently available with a six-cylinder E350 Engine with 292-horse power, and a V8 E500 engine with 388-horse power. Both engines are coupled with 7G-TRONIC seven-speed automatic transmission boxes which is controlled via a steering wheel selector lever and shift paddles.
Oman gets new Cayenne
Sata LLC, the official Porsche distributor for Oman, has announced the arrival of the new exclusive series of limited edition of Porsche SUVs, the Cayenne GTS Porsche Design Edition 3, of which there will be only 1,000 numbered units of the model worldwide. On the exterior the new model is rounded off by bi-xenon headlights featured as standard, and an extended roof spoiler with its double wing profile fixed in position. Under the bonnet, the new Edition 3 model features a 4.8-litre 500Nm V8 engine with a with six-speed Tiptronic S featured as standard, capable of accelerating the car from 0-100km/h in just 6.5 seconds, as well as a top speed of 251km per hour.
Mercedes-Benz launches 2Look edition
Mercedes-Benz has announced the launch of its 2Look special limited edition of the SLK roadster. The SLK 2Look Edition is now available to order in exclusive obsidian black metallic or designo mystic white and is limited to just 300 vehicles worldwide. The special model is emphasised by 18 inch 5-twin-spoke light-alloy wheels with mixed tyre sizes.
Ford posts $2.3bn profits
Ford Motor Co has posted profits for Q2. The auto maker reported a net income of $2.3bn, compared with a loss of $8.67bn for the same period a year earlier, The Wall Street Journal has reported. Ford's profit came largely from a $3.4bn gain it received related to debt-restructuring actions in April the newspaper said.
Bahrain Jaguar sales up 33%
Mohammed Jalal & Sons, Bahrain's exclusive Jaguar importer has posted a 33% increase in year-to-date Jaguar sales over the same period last year. The company has attributed the rise to the XF saloon that was launched last year. Jaguar's flagship XJ saloon had witnessed a 50% growth, while the X-Type compact premium saloon had sold 11% more than the same period last year, the firm has said.
Renault releases Logan
Renault GCC has introduced another car to its family line up, the Logan, which is available across the GCC. Logan offers a 1.6 litre 16V engine which provides a power output of 105hp (77kW) at 5,750rpm and a maximum torque of 148Nm at 3,750rpm driving it to a top speed of 183kph. The Logan's safety features include a new honeycomb structure for the dashboard, which reduces the severity of impact to the knees. The driver and front passenger also benefit from further lower limb protection, thanks to underfoot padding.
Kuwait denies reports on investing in German carmaker
Kuwait's sovereign wealth fund, the Kuwait Investment Authority, has denied that is planning to invest in the German car company 'Continental', KUNA has reported. Media reports had circulated during the past few days about KIA's possible interest in investing in Germany's Continental.
All new Ford Mustang set to roll in Middle East
Ford Motors will soon introduce the latest version of its Mustang to the Middle East. The new 2010 model features a new exterior design; new world-class interior and a V-8 with even more horsepower and an 'even throatier signature Mustang exhaust roar', the company said.
Kia posts 30pc rise in Q1 sales in Qatar
Qatar's Kia Motors authorized dealer, Al Attiya Motors and Trading Co., has said that sales of Kia's cars had increased by 30% in the first half of 2009, compared to the same period of 2008. Hussein Abbas, Kia Motors Marketing Manager of Al Attiya Motors and Trading Company in Qatar, said the economic crisis has a positive effect on Kia Motors. He said Kia's sales in the medium vehicles category rose by 106% year-on-year, and by 71% in the 4WD vehicles category.
Kuwaiti used car importers urged to meet regulations
Kuwait's Ministry of Commerce has stressed upon used vehicle importers to fulfil relevant regulations and decrees, primarily the ban on the import of five-year-old cars and equipment, KUNA has reported. Failure to meet used vehicle import conditions would result in denying cars access to the country and imposing demurrage charges and forced re-exporting, the ministry has said. However, antique vehicles and cars of politicians, diplomats, officials of international organizations and overseas students are exceptions, the ministry noted.
Kuwaiti firm may invest in Continental AG
Kuwaiti Investment Authority may be considering investing in German auto parts supplier Continental AG, Reuters has cited German business weekly WirtschaftsWoche. The magazine has reported 'Kuwaiti investors' have been in contact with Chief Executive Karl-Thomas Neumann in the past few days. The weekly has further mentioned a meeting took place in Hanover with the premier of Continental's home state of Lower Saxony, Christian Wulff to discuss the political feasibility of a possible investment.
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