Sunday 25 February 2018
 
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ME automotive aftermarket revenues to reach $15bn by 2021

Middle East sales revenue from engine and car components, systems, tyres, and auto accessories, will surpass the $15 billion mark by 2021, compared to approximately $12.4 billion in 2017, growing at a compound annual growth rate (CAGR) of 4.9 pe

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ME automotive aftermarket revenues to reach $15bn by 2021

Middle East sales revenue from engine and car components, systems, tyres, and auto accessories, will surpass the $15 billion mark by 2021, compared to approximately $12.4 billion in 2017, growing at a compound annual growth rate (CAGR) of 4.9 pe

More…

Borgward to roll out two premier models in GCC

German-based automotive brand Borgward plans to roll out two premier models throughout the GCC by the end of 2018, starting with the UAE, Kuwait, Qatar, and Bahrain in the first quarter. Saudi Arabia and Oman will follow later in

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Honeywell, LG to develop automotive security solution

Honeywell and LG Electronics have signed a memorandum of understanding (MoU) to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology.

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Honeywell, LG to develop automotive security solution

Honeywell and LG Electronics have signed a memorandum of understanding (MoU) to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology.

More…

Honeywell, LG to develop automotive security solution

Honeywell and LG Electronics have signed a memorandum of understanding (MoU) to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology.

More…

Dubai Chamber forms automotive manufacturers group

The Dubai Chamber of Commerce and Industry has revealed the formation of the Automotive Manufacturers Business Group, which will be tasked with developing and advancing Dubai’s automotive industry, said a report. The organis

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Auto giants set up $1bn venture capital fund

Mitsubishi have announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. Renault (40 per cent), Nissan (40 per cent)

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Auto giants set up $1bn venture capital fund

Mitsubishi have announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. Renault (40 per cent), Nissan (40 per cent)

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Saudi automotive parts market 'to see significant changes'

Saudi Arabia’s automotive parts aftermarket is undergoing significant changes that are pushing companies to realign their business models with new conditions, according to a recent Frost & Sullivan report. The industry d

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