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Ceer teams up with Italian group Sabelt for sports car seatsCeer, a unit of Saudi wealth fund PIF, has announced the signing of a SAR543 million ($145 million) partnership agreement with Sabelt, an Italian company specializing in the design and manufacturing of high-performance sports seats, racing car seats, and safety systems. &nb More… |
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Nissan, AAC disrupt startup financing with ‘Urventures’Arabian Automobiles Company (AAC), the flagship automotive company of AW Rostamani Group and exclusive Nissan dealer in Dubai, Sharjah, and the Northern Emirates, has launched Urventures, a revolutionary mobility solutions platform in support of startups in the UAE. More… |
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1954 Mercedes Benz W 196 R sells for $53mOne of the world’s most historically significant racing cars, the 1954 Mercedes-Benz W 196 R Stromlinienwagen, chassis number 00009/54, was auctioned by RM Sotheby’s on Saturday for a whopping €51,155,000 ($$53,017,370) at the Mercedes-Benz Museum in Stuttgart. More… |
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Budget Saudi launches 'Quit Screens to Scenes' initiativeBudget Saudi Arabia, a leading car rental company in the kingdom, has launched an initiative to bring friends, families, and loved ones together. Underlining its commitment to empowering people to embark on rewarding travel and transportation More… |
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Peugeot launches new SUVs in Middle EastPeugeot has unveiled its new 3008 and 5008 SUVs in the Middle East, launching both models at an exclusive event in Dubai. Combining bold design, advanced technology, and versatile functionality, the new 3008 and 5008 reinforce Peugeot’s commitment to del More… |
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Welsh group Finalrentals join forces with UAE’s AutorentFinalrentals, a leading global car rental network from Wales, has announced that it has partnered with Autorent, the car rental division of Bahwan International Group, to revolutionise the car rental experience for its customers in the UAE and the wider region. More… |
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UD Trucks records strong growth in MEENA; sales up 26pcUD Trucks, a leading Japanese commercial vehicle solutions provider, has recorded another strong year across the Middle East, East, and North Africa (MEENA) region, with its sales up by 26%, cementing its position as the fastest growing truck brand in the region, while simultaneously expandin More… |
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50% of vehicles sold will be EVs by 2030, predicts GartnerMore than 50% of all vehicle models marketed by automakers will be electric vehicles (EVs) by 2030, according to a Gartner report. Software and electrification will remain the two main drivers of the automotive sector’s transformation, says Gartner, whic More… |