General

The high standards of living and increasing population in Dubai have led to the dynamic growth of the automotive sector. The DCCI membership database as of February 2007, reveals that approximately 365 companies are actively involved in trading of motor vehicles and related items, 2,018 companies are involved in trading of motor vehicle parts and …

High Living Standards, Increasing Population Boost Dubai Auto Sector Read More »

Dubai’s automobile spare parts trading sector recorded an impressive growth of 29.64 per cent in 2007 for a value of Dh18.22 billion, compared with Dh14.05 billion in 2006, according to figures released Sunday by Dubai World’s Statistics Department. The strong growth of the sector has prompted the Statistics Department to take part in the Automechanika …

Dubai Auto Spare Parts Trade Values Dh18.22 Billion Read More »

The latest Statistics released by Dubai World indicated a year on year 30 per cent increase in Dubai’s total direct trade in auto parts and accessories which were valued at Dh 18.2 billion in 2007. This was announced at the Automechanika Academy taking place with Automechanika Middle East, the region’s largest automotive aftermarket exhibition currently …

Auto parts Trade up 33% Read More »

Abu Dhabi has become the world’s biggest market for Rolls-Royce cars, edging out Dubai and Beijing in sales last year. Rolls-Royce’s Abu Dhabi and Dubai dealerships achieved the highest sales and second-highest sales respectively, said Frank Tiemann, Rolls-Royce’s communications manager for Europe and the Middle East. This was ahead of Beijing and London, which tied …

UAE Leads Rolls-Royce Sales Read More »

Abu Dhabi-based International Petroleum Investment Company’s plan to build a refinery in Pakistan is on track, Pakistan’s minister of investment said 
on Wednesday. “I just had a meeting with IPIC two days ago and they told me the project is on track,” Waqar Ahmed Khan told reporters at a 
Press conference. In January, International Petroleum …

Pakistan Refinery on Track Read More »

In a small but significant move towards becoming a global hub of green energy, Abu Dhabi on Monday bought a stake in a Silicon Valley start-up that makes high-performance electric sports cars. Aabar Investments, a subsidiary of government of Abu Dhabi-owned International Petroleum Investment Company, said that it acquired four per cent stake in Tesla …

Abu Dhabi into Green Automobile Read More »

Electric cars manufactured by California-based Tesla Motors may soon be operating on the streets of Abu Dhabi, reinforcing the emirate’s commitment to cleaner alternative fuel technologies, a senior executive of Abu Dhabi-based Aabar Investments told Gulf News on Tuesday. “Tesla cars are already running successfully in California. Abu Dhabi, through its Masdar initiative, is committed …

Electric Cars on Streets Soon Read More »

Abu Dhabi residents are shunning new car purchases during the global downturn but are buying more consumer goods such as clothing, appliances and food, statistics from Mina Zayed Port show. Vehicle imports slowed dramatically in the second quarter, falling by 81 per cent in April, 83 per cent in May and 86 per cent in …

Car Imports Breakdown in Abu Dhabi Read More »

The UAE is to position itself as a regional focal point for the commercial vehicles industry in the Middle East, which is aiming for more major growth as the market recovers from the effects of the global economic crisis. The launch of the region’s first specialized trade event for commercial vehicles in Dubai today came …

Vehicles Industry Gets New Focal Point in UAE Read More »

The 2014 Lexus GX 460 went on sale in the UAE last month, just before the Dubai Motor Show. Sporting a new front-end, actual changes are minimal, but the midsize luxury SUV in now available in three trim levels. On the outside, the most obvious changes include the redesigned front-end with the corporate “spindle” grille, …

2014 Lexus GX 460 on Sale Read More »