Saturday 30 July 2016
 
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Ford calls an end to US auto boom, rivals bet other way

Ford Motor Co on Thursday declared the US auto industry's long recovery is at an end, sending its stock and those of rival auto companies tumbling. "The growth is over," Ford chief financial officer Robert Shanks told Reuters in an interview. Shanks earlier forecast

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VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Europe may drive sales beyond last year's total, K

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Audi adopts digital production processes; wins award

On its way to becoming a digital car company, Audi is making its production sites fit for the digital future. In recognition of this, the company received the “Digital Economy Award” from Initiative Deutschland Digital (IDD) in Bonn recently. The brand with the Four R

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Porsche to create more than 1,400 jobs for electric car

Porsche will boost the number of jobs for its first all-electric model by more than half from previous targets as part of parent Volkswagen's (VW) push to overcome its emissions scandal by embracing zero-emission cars and digital services. Porsche, the No. 2 contributor to VW

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JLR to launch research vehicles for autonomous tech test

Jaguar Land Rover (JLR) plans to create a fleet of more than 100 research vehicles to develop and test a wide range of connected and autonomous vehicle (CAV) technologies over the next four years. The first of these research cars will be driven on a new 41-mile test route on moto

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Tesla’s Model 3 could generate $20bn yearly revenue

Tesla Motors chief executive Elon Musk said on Tuesday that the company's Model 3 could generate $20 billion in revenue per year and an annual gross profit of about $5 billion. A "modest capital raise" could be needed to fund Tesla's strategic plans, and new pro

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Dial-A-Battery expands fleet in UAE

UAE-based Dial-A-Battery, a 24x7 onsite battery replacement service, has announced that its fleet has now grown to 17 vehicles operating across Dubai, Sharjah and Abu Dhabi. Each vehicle provides professional, convenient and hassle free battery replacement service round-the-clock

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Opel Astra leads sales of European cars in Egypt

Opel Astra, a leading automaker, has maintained its position leading sales of European cars in Egypt between January and May, registering sales of 1,776 units worth EGP440.4 million ($49.5 million), said a report. Kia Sportage, manufactured in Slovakia, came in second with 1,366

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Euro Motors offers new fleet at Land Rover Experience Centre

Euro Motors, the exclusive dealer and distributor for luxury automotive manufacturer Jaguar Land Rover in Bahrain, has announced the renewal of the fleet of Land Rover vehicles currently available at the Land Rover Experience Centre Bahrain (LRE), located at the Bahrain International Circuit (B

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Hyundai launches IONIQ alternative-fuel cars

Hyundai has officially released its ground-breaking IONIQ range of alternative-fuel cars for sale during a recent global launch in Amsterdam, Netherlands. The IONIQ is the first Hyundai platform to be purpose-built for alternative-fuel drivetrains, and represents Hyundai’s

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