AUTO

May 21, 2019

Talixo: the car ordering app aiming to rival Uber, Careem in the Middle East

A European car booking portal is aiming to compete with ride-hailing rivals Uber and Careem, as it claims the Middle East has become one of its “quickest growing regions” and it has attracted local interest from potential investors.

Talixo"...

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May 21, 2019

Ford to cut 7,000 jobs, 10% of global staff

Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday.

The reorganization will involve some layoffs and reassignments"...

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May 19, 2019

Formula 1 looking at African race in SA or Morocco

Formula One wants to go back to Africa, with the Moroccan city of Marrakesh and South Africa's Kyalami circuit keen to host a race, according to commercial managing director Sean Bratches.

Rwanda and Nigeria"...

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May 13, 2019

PitStopArabia.com Attracts Mitsubishi Corporation as a Strategic Investor

PitStopArabia.com, the leading online tyre retailer in UAE, announced today the completion of investment with Mitsubishi Corporation (MC). MC now becomes a strategic partner and a shareholder in the company. The investment is a significant milestone for PitStopArabia.com and is aimed at"...

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May 12, 2019

Nissan expands reach in Saudi Arabia in deal with Manahil International

JEDDAH – Nissan has appointed Manahil International as a new specialized dealer in Saudi Arabia, further expanding its sales network across the Kingdom. Manahil International, a Mohamed Yousuf Naghi & Brothers Group Company, will focus on fleet sales to government and business enterprises. It will also work closely with independent retailers to improve the service offered to their customers. The move will increase the availability of Nissan cars adding 177 independent retailers across the Kingdom, including in rural areas.......

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May 12, 2019

Velodyne Showcases World’s Most Advanced Lidar for Autonomous Vehicles at SmartDrivingCar Summit

Velodyne Alpha Puck™ Delivers Game-Changing Innovation for Smart Driving Mobility (AETOS Wire) --Velodyne Lidar, Inc. today announced it is sponsoring the SmartDrivingCar Summit, which takes place on May 15-16 in Princeton, N.J. and brings together buyers, sellers, and facilitators of autonomous cars, trucks, and buses. At the summit, Velodyne will discuss and demonstrate their smart, powerful lidar solutions as an essential technology for autonomous vehicles (AVs) and advanced driver assistance systems (ADAS). The SmartDrivingCar Summit examines the fundamental economic forces of supply, demand, and public oversight driving deployment......

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May 8, 2019

BMW profits hammered despite rise in deliveries

BMW's first-quarter operating profit fell 78 per cent to €589 million (Dh2.41bn), despite higher deliveries of luxury vehicles, as the car maker felt the effects of higher investment spending and a €1.4bn legal provision.

The"...

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May 6, 2019

Aramex hires over 1,000 Saudis for crowd-based delivery platform

Dubai-based logistics company Aramex has signed over 1,000 Saudi nationals onto Aramex Fleet, its crowd-based delivery platform in the kingdom, according to chief operating officer Iyad Kamal.

The programme –"...

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May 6, 2019

Winfooz launches first public e-auction for Canada-based dealers of new and used cars

Winfooz, which is aimed at dealers of new and used automobiles in the Canadian market, made its debut with a public e-auction on May 2nd. A vast portfolio of cars of different makes, models and sizes were auctioned off to buyers.

The"...

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May 6, 2019

AETOSWire and RoadSafetyUAE Join Hands Again to Promote Road Safety Awareness Campaign for Ramadan 2019

AETOSWire, a leading innovative press release distribution company in Middle East and Africa, and RoadSafetyUAE, an initiative that ultimately aims to bring about safer roads in the region, cooperate once"...

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