General Motors Company will take a $300 million charge primarily to cover the costs related to the faulty ignition switches linked to at least 12 deaths as well as three more recalls it announced on Monday.
The No. 1 US automaker, which will take the charge in the first quarter,
Mahmoudia Motors, the sole and official dealer of the Jaguar Land Rover brand in Jordan, has appointed Abdimajid Haithar as the company’s general manager.
Haithar has over 14 years of corporate and strategic management experience working within the automotive, logistics, co
Juma Al Majid Establishment (JAME), the sole distributor of Hyundai Motors in the UAE, has won a Dh30 million ($8.2 million) deal with a Ras Al Khaimah government company to supply a fleet of 84 commercial vehicles.
The trucks will form a core component
Six "fake" explosives were found in different areas in Bahrain yesterday, causing massive traffic disruption on major highways.
Three devices were planted near the Janabiya Highway during morning rush hour, which prompted police to close several road
Almana Motors Company, the sole dealer and distributor for Peugeot in Qatar, has opened a new showroom in Doha featuring the automaker's full range of models.
The company has also launched its Peugeot Express Service Centre with unique customer-focused ini
Chesterton, the international property agency established in 1805, has announced that the company is currently making inroads into the automobile and heavy equipment appraisals due to the buoyant market conditions in the UAE.
Chesterton is currently working with 36 leading banks
Nico Rosberg drew first blood for Mercedes in the new Formula One season with a dominant Australian Grand Prix victory on Sunday after pole-sitter Lewis Hamilton and world champion Sebastian Vettel retired with reliability problems.
The 28-year-old German capitalised on a brillia
Leading luxury automotive manufacturer Jaguar Land Rover has launched the 2014 Range Rover Hybrid in Jordan.
The model delivers powerful performance and lower CO2 emissions, on par with international environmental standards, said a statement.
US safety regulators have recorded 303 deaths when airbags failed to deploy in 1.6 million compact cars recalled last month by General Motors, according to a study released by a safety watchdog group.
The new report and higher death toll ratchet up the pressure on GM, which has s
The rise of luxury car sales is driving the success of the region’s top aftermarket dealers and tuning companies that have converged in Sharjah for an industry event today (March 13).
The fifth Middle East Motor Tuning Show will run till March 15 at the