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 industry
Latest in automotive industry
Abu Dhabi
Abu Dhabi announces car manufacturing plans as it eyes $27bn automotive plan and 7,000 skilled jobs
Abu Dhabi Investment Office launches automotive industry plan as it targets major investment and manufacturing drive for motoring sector
Automotive
Middle East emerges as key growth market for Chinese auto exports amidst global shifts: Report
This shift comes as China continues to flex its muscles in the global automotive-export market, even amid the ongoing global tariff storm gripping the industry
automotive industry
NIO MENA CEO eyes battery swaps to win over Gulf’s luxury EV market
How Mohammed Maktari is rewiring the Middle East’s EV future
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
automotive industry
UAE automotive market posts over 15% growth, 77% surge in inquiries for Chinese brands in 2024: Report
Saudi Arabia surpassed a significant milestone last year, exceeding 1 million vehicle registrations for the first time
Automotive
Dubai automotive hub booming as DP World transported record 1.3m vehicles in 2024
Dubai’s DP World sees massive increase in number of vehicles handled by terminals last year
automotive industry
Saudi Arabia launches 2 million square meter automotive hub in King Abdullah Economic City
Masarat Mobility Park’s development aligns with Saudi Vision 2030 goals, positioning Saudi Arabia as a regional leader in the automotive and mobility sector
Automobiles
‘We are the main act’: Bentley CEO on upcoming electric launch, Dubai car taste, China risk
Frank-Steffen Walliser suggested a lack of customer demand was the reason why Bentley has yet to launch an electric car
Arabian Automobiles Company
Arabian Automobiles launches Urventures to support UAE startups with commercial vehicles
The platform marks a significant shift in the company’s business model, moving beyond traditional automotive sales to become a direct investor in small businesses
Automotive
Saudi Arabia announces King Salman Automotive Cluster with $24.5bn target to transform motoring industry in Kingdom
King Salman Automotive Cluster in King Abdullah Economic City will be motoring industry hub in Saudi Arabia
AB Majlis
AB Majlis podcast: From mechanic to CEO – Al Masaood’s Irfan Tansel steers auto dealer through digital age
Auto industry veteran Tansel is charting Al Masaood’s shift from ‘nuts and bolts’ to a digital dealership
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
automotive industry
Analysis: Tesla tests limits of brand politics as Musk readies for government role under Trump
Inside Elon Musk’s risky experiment mixing luxury EVs, presidential politics, and US-China relations with just days until Trump’s inauguration
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