The French luxury group that owns brands such as Gucci, Saint Lauren and Balenciaga, makes an out-of-the-box appointment to revive its flagging sales
automotive brands
Latest in automotive brands
Automotive
Chinese EV maker BYD surpasses Tesla sales in Europe for first time
As sales of BEVs jump 17% in Europe, BYD sells 7,231 fully battery-powered cars in April, compared to 7,165 by Tesla
Automotive Aftersales
UAE car buyers prioritise warranty, sustainability in brand trust, survey
A new YouGov survey commissioned by Volkswagen Abu Dhabi finds long-term value and eco-efficiency are top priorities for UAE car buyers
automotive brands
Nissan names Ivan Espinosa as new CEO after failed Honda merger talks
This comes months after Carlos Ghosn told Arabian Business that Japanese executives prefer “weaker companies under their control” – a view seemingly validated by the Honda-Nissan merger collapse
automobile business
Porsche Middle East reports 4% growth despite market challenges
The Porsche 911 model achieved record sales in the Middle East region, with a 49 percent increase to 1,914 units
automobile business
Honda and Nissan confirm merger to create world’s third-biggest auto company
A holding company will be created and listed on the Tokyo Stock Exchange by August 2026; Mitsubishi will also be part of the merger
automobile business
Honda, Nissan talk possible merger to create world’s third-largest auto company
Companies expected to make an announcement on December 23; The combined valuation will be $54 billion with annual output of 7.4 million units
Automotive
Spaniard José Muñoz to take over as first foreign CEO of Hyundai Motors
The 59-year-old has a PhD in nuclear engineering and over two decades of experience in the automobile industry
automotive brands
UAE ‘important’ and ‘stable’ market with high ‘potential’ for Chinese automotive brand OMODA & JAECOO, says CEO
In an exclusive interview with Arabian Business at the 2024 Chery International User Summit, CEO Shawn Xu talks why the UAE is an important market for OMODA&JAECOO
automobile industry
Silence of the Lambos: Lamborghini CEO confirms move to ditch conventional fuel for electric models, new hybrid Urus SE price revealed
At the launch of the newest hybrid model Urus SE, the CEO, Stephan Winkelmann unveiled plans for a potentially fully electric future for the luxury supercar company amid attempts to keep “hybridisation” alive for as long as possible
automotive brands
Dubai, Miami branded residences: Massive real estate projects with luxury car makers
Here are all the branded residences in Dubai and Miami that have teamed up with luxury automotive brands to provide residents a unique living experience
automobile industry
Elite Cars unveils the much-awaited Jetour T2 in UAE
The UAE launch marks a historic milestone, as it is the new model’s first-ever global introduction
automotive brands
Should you buy an electric vehicle in the UAE?
If you are looking to purchase an electric vehicle, here are some things you might want to consider
automobile industry
McLaren opens world’s largest standalone showroom in Dubai
Located on Sheikh Zayed Road, this facility shares the McLaren Dubai complex with the world’s largest dedicated McLaren Service Centre, which opened its doors in 2022
automaker
Porsche to unveil new Panamera sports car in Dubai this November
The new Porsche Panamera will have its debut in Dubai on November 24
Automotive
Elite Cars unveils limited edition AED8mn Zenvo hypercar in Dubai
Elite Cars, with over 25 years of experience having exclusive partnerships with global automotive brands
Automakers
Toyota remains No.1 carmaker in world for third straight year
The key issue facing Toyota and other carmakers this year is the spectre of weakening global demand