Wednesday 19 June 2013
 
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US retail sales rise over car purchases

US retail sales rose more than expected in May and first-time applications for jobless benefits fell last week, showing signs of resilience in the economy despite belt-tightening in Washington. "There is an emerging positive

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Land Cruiser sales up 15pc in GCC

Toyota's Land Cruiser model sales were up by 15 per cent in the first quarter of this year, across the Gulf region. The model has maintained its leadership status in the SUV segment with a 40.4 per cent market share, while ove

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Toyota Avalon clocks record UAE sales

Toyota's re-imagined Avalon has registered a 65.6 per cent growth in sales since the new model was launched in the UAE in February, said senior company officials. Al-Futtaim Motors, exclusive distributor of Toyota in the UAE,

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Fortinet appoints Mideast VP

Fortinet, a leader in high-performance network security, has announced the appointment of Alain Penel as regional vice president for the Middle East region. Based in Dubai, Penel is responsible for driving Fortinet’s aggress

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Lexus sees GCC sales up 57pc

Lexus has reported 57 per cent growth in Gulf region sales for the first quarter of this year, compared to the same period last year. Toyota's luxury division said it sold 9,398 units during the period, attributing the spurt t

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Samsung Galaxy S4 sales hit 10m in 1 month

Samsung Electronics announced that global channel sales of its Galaxy S4 smartphone has surpassed 10 million units in less than one month after its commercial debut. Launched globally on April 27, the phone is estimated to be sell

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Toyota GCC sales up 23pc in Q1

Toyota sold 158,223 units in the GCC in the first quarter of the year, marking a 23 per cent increase in sales as compared to the same period in 2012 as well as a 39.6 per cent market share. This first quarter growth in the GCC fo

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Nissan ME posts 26pc sales growth in FY2012

Nissan Middle East has announced a 26.2 per cent rise in sales for the 2012 financial year (FY) ending March 31. The result, which outperformed the overall market trend by 1.1 per cent, follows a year which saw the launch of five

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Home security sales surging in Bahrain

Unrest on the streets of Bahrain has sparked a surge in sales of home security and surveillance systems, a report said. Companies offering the technology have reported an increase in sales since anti-government protests began in 2

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BMW Group posts record April sales

The BMW Group has posted its most successful April worldwide sales with a total of 155,419 BMW, MINI and Rolls-Royce vehicles delivered, marking an increase of 6.8 per cent. Over the past four months the number of deliveries climb

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