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"...
Read More >>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"...
Read More >>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"...
Read More >>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"...
Read More >>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.......
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......
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"...
Read More >>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 –"...
Read More >>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"...
Read More >>May 6, 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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