Home Industry Automotive

Automotive

Tesla

Dubai Islamic Bank launches financing solution for future Tesla owners

The fully digital financing process will make it easier for Tesla customers to apply for auto financing and improve their buying experience

Car Review: Aston Martin’s DBX

We explore why Aston Martin’s DBX, its first SUV, has become the automaker’s top-selling model

Toyota

Saudi’s Abdul Latif Jameel partners with Toyota to personalise automobiles

The joint venture will bring genuine Toyota accessories to the Middle East region, benefitting customers with more choices of accessories

Informa

Saudi PIF-backed EV firm secures site for Foxconn project

Construction on the site, which is near a major Red Sea trading port, will start early next year

Ferrari unveils its first four-door, four-seater model Purosangue

Ahead of its anticipated launch, Giorgio Turri, general manager of Ferrari Middle East, talked to Gulf Business about the Italian carmaker’s foray into this new space and the direction it heralds for the company

Ceer

Saudi’s first EV brand Ceer appoints James Deluca as CEO

In his last role, DeLuca led VinFast, Vietnam’s first domestic automobile brand

Tesla sales fall short of estimates as stronger dollar bites

Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles

Khalaf Ahmad Al Habtoor donates 100 vehicles to Dubai Police

UAE businessman Khalaf Al Habtoor donates 100 cars to Dubai Police

The founder and chairman of Al Habtoor Group donated a fleet of Mitsubishi Pajero SUVs

Dubai Police receives first Electric SUV+Dubai Media Office

Dubai Police adds first electric SUV to its fleet of patrol cars

The E-HS9 is the first fully sports utility vehicle from Hongqi with the functionality of an SUV

Bentley's focus on becoming a sustainable luxury brand by 2030

Bentley’s focus on becoming a sustainable luxury brand by 2030

Richard Leopold, Bentley’s regional director for the UK, Africa, and the Middle East, tells us about the automaker’s focus on electrification, its half-year performance and new launches

Electric mobility

UAE among top 10 countries globally in terms of readiness for electric mobility, shows report

The Arthur D Little report states that the UAE’s electric vehicle market is estimated to grow at a compound annual growth rate of 30 per cent between 2022 and 2028

Audi Formula 1

Audi to join Formula 1 with racing car running on synthetic fuel

Audi will build a dedicated Formula 1 power train at a facility in Neuburg, Germany

BMW begins concept testing all-electric high performance models

BMW commences concept testing for all-electric high-performance models

BMW, which is celebrating its 50th anniversary, launched the all-electric iLi MS0 performance car this year, with the launch of the i7 M70 to follow early next year

Vincent Wijnen, Senior Managing Director, Al-Futtaim Automotive

Al-Futtaim Automotive’s Vincent Wijnen on the factors driving the company’s performance in H1 2022 and its future plans

The senior managing director of Al-Futtaim Automotive showcases H1 highlights and brand performance, the growing focus on sustainability and the company’s future vision

Saudi Aramco plans to go big carbon storage

Aramco to acquire Valvoline Global Products for $2.65bn

Aramco will benefit from VGP’s robust manufacturing and distribution network, significant R&D capabilities, strong partnerships with major OEMs

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

Dubai is set to become the first city outside the US to operate Cruise’s driverless vehicles by 2030

Mclaren

McLaren raises $150m from shareholders with cash low

Shareholders include Bahrain’s sovereign wealth fund Mumtalakat, investment firm Ares Management Corporation and Saudi Arabia’s Public Investment Fund

Motor

Motor launches electric car-sharing platform in the UAE

The platform aims to accelerate the transition to sustainable mobility in the UAE through flexible and convenient electric car-sharing

Hyundai Ioniq 6

Hyundai unveils Ioniq 6 in push to challenge Tesla

The Ioniq 6 can travel up to 610 kilometres on a single charge with its 77.4 kilowatt-hour battery

Rolls Royce Private Office Dubai

Rolls-Royce opens ‘Private Office’ in Dubai, its first outside the UK

Rolls Royce’s Private Office Dubai is the first among similar facilities planned for luxury destinations around the world

electric car

Inflation turns EVs into luxury items, threatening broader electric shift

An electric car now costs $61,000 on average

Nissan wins court appeal

Dubai Court of Appeal rules in favour of automaker Nissan in Al Dahana case

The Dubai Court of Appeal has dismissed all of Al Dahana’s claims against Nissan

Combustion

Europe moves closer to cutting off its lifeblood combustion engine

Members of Parliament voted in favour of mandating that carmakers eliminate emissions from the cars they sell from 2035 onward

Polestar MOE store

Polestar Space launched at the ‘Store of the Future’ in Dubai’s MoE

The opening of the Polestar Space in Mall of the Emirates follows the debut of the Swedish EV auto brand in the UAE in February

Mercedes

Mercedes to recall one million cars on fear of faulty brakes: AFP

More than 993,000 vehicles were being recalled worldwide, of which 70,000 were in Germany

Anghami volkswagen

Anghami, Volkswagen partner to promote safer driving

To ensure drivers remain safe while using the Anghami platform, the Auto Car Mode UI makes buttons bigger and clearer resulting in less distractions

Mercedes

Mercedes to swing to top-end models in luxury-car profit race

Mercedes sees top-end vehicle sales increasing by 60 per cent by 2026, a jump that would help push its operating margin to around 14 per cent by mid-decade

Lucid’s Saudi EV factory to receive $3.4bn in incentives

The factory will be located in the King Abdullah Economic City

Subaru automaker

Subaru to spend $1.9bn on battery capacity, add EV line

The automaker has started receiving orders for its Solterra model, its first all-electric SUV developed with Toyota

Toyota

Toyota to invest $624m to make EV parts in India

Indian automakers could generate $20bn in revenue from electric vehicles between now and fiscal year 2026