Vehicle sales in the Middle East and Africa are expected to soar 40 per cent to 5.5 million vehicles by 2020, according to Bill ford, executive chairman of US-based automaker Ford Motors.
The company’s drive to make its spor
Sales of vehicles able to drive themselves will account for about 9 percent of global auto sales in about two decades, according to a forecast published by auto industry consultant IHS Automotive.
The study focused on autonomous c
Ford Motors, a global automotive industry leader, said its products showed continued strength during the first quarter, posting an impressive 52 per cent increase in sales in the Gulf region compared to last year.
Automobile sales in Japan, excluding 660cc minivehicles, plunged 22 percent in December from a year earlier to the worst level on record for the month.
The numbers capped a dismal 2008 when demand fell to a 34-year low.