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Lamborghini sales up in 2023
The deliveries sped up 9.5 percent to 10,112 vehicles.
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Israeli strike kills Hamas member and two others in Lebanon
Beirut, Lebanon--Palestinian resistance group Hamas said one of its members was killed in an Israeli strike in south Lebanon on Wednesday that state media said killed three people. Hamas said the man killed in the strike was Hadi Mustafa, a member of its armed wing in Lebanon from the Palestinian refugee... -
Toyota to invest US$2.2bn in Brazil
The automaker will beef up production of hybrid vehicles. -
Apple drops electric car plans
It had dedicated nearly 2,000 workers for the program. -
Europe new car sales rebound in 2023: industry group
Automakers are facing a 2035 deadline set by the European Union to phase out sales of new combustion engine vehicles. Sales of hybrid cars also soared last year, up by nearly 30 percent. -
Honda unveils futuristic EV series
It will introduce a commercial model in the US in 2026. -
Vinfast to build EV factory in India
It is part of the company's planned US$2bn investment. -
Security scare near US president as car hits motorcade
Wilmington, United States--A car crashed into a Secret Service vehicle attached to Joe Biden's motorcade on Sunday, with the security scare startling the US president as he left his campaign headquarters in Delaware. After a loud bang caused by a sedan slamming into an SUV positioned in a nearby intersection about... -
Plan to end e-vehicle subsidies sparks anger in Germany
BERLIN, GERMANY - The German government on Sunday faced a backlash after abruptly ending an electric car subsidy scheme in a blow to the already struggling automotive industry. The scheme is one of the casualties of a budget crisis caused by a shock constitutional court ruling in November that upended the... -
250,000 people died in Europe due to air pollution, says agency
Stockholm, Sweden - Fine particle pollution caused the deaths of over 250,000 people in the European Union in 2021, according to a report by the European Environment Agency (EEA) published on Friday. Fine particulate matter, or PM2.5, is a term for fine particulates that are typically the by-product of car exhausts... -
BMW Q3 profit drops 7.7%
The company's Q3 net profit stood at $3.1 billion. -
Porsche sales revenue up
The sports car maker posted gains one year after its IPO. -
Iran’s IKCO to buy electric vehicles from Chinese firm Dongfeng
Tehran, Iran - The CEO of Iran’s largest car manufacturing company, IKCO (Iran Khodro Industrial Group), said that his company will import the first batch of electric vehicles (EVs) bought from China’s Dongfeng Motor Corporation. IKCO’s CEO Alimardan Azimi said on Monday that EV imports by the company will amount... -
Toyota posts bumper Q1 net profit
The automaker's profit surged 78 percent to US$9.1 billion. -
Europe charges up car battery drive with new plants in Germany, France
The continent has been racing to produce more electric vehicles as part of its green transition, with the clock ticking down on an EU deadline of 2035 to phase out the sale of cars using fossil fuels. A flurry of new battery plant projects are in the pipeline in Europe,... -
Mercedes Q1 profit rises 12%
The German automaker said its revenues were up 8%. -
Car sales vault in Europe, cross 1 million mark first time since 2021
Paris, France--Sales of new cars jumped last month in Europe, surpassing the level of one million for the first time since June 2021, according to data from the European Automobile Manufacturers Association published on Wednesday. New car registrations hit 1,087,939 in March, an increase of 28.8 percent from the same month... -
EU closer to banning fossil fuel car sales after Berlin lifts veto
Brussels, Belgium - The 27 EU member states approved Monday a deal between Brussels and Germany that lifted Berlin's block on a planned phaseout of sales of new fossil fuel cars by 2035. A spokesman for Sweden, which holds the EU presidency, said ambassadors backed the agreement. Energy ministers are expected... -
Abu Dhabi to host world’s largest autonomous racing league from 2024
Abu Dhabi, UAE -- The United Arab Emirates capital, Abu Dhabi, will host the world's largest autonomous racing league, with the first race scheduled to take place in the last quarter of 2024. ASPIRE, the Technology Transition Arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), announced the launch of... -
‘Israeli troops kill Palestinian driver as car speeds off’
Israeli troops killed a Palestinian driver in West Bank, officials on both sides said, with the army saying the car had hit a soldier's leg before speeding off. Nassim Naif Salman Abu Fouda, 26, died from "a bullet wound to the head fired by the occupation (Israeli) soldiers in Hebron,"... -
What 2023 has in store for the GCC auto industry?
A number of other things will also influence the auto industry this year. The most obvious being the expectation of a looming recession and rise in inflation in 2023. Whilst it is understandable this will impact the GCC, the effects won’t be felt here as strongly as in other regions,... -
Electric vehicles form 80% of new car sales in Norway
Electric vehicles in the Scandinavian country now account for almost four out of every five new car registrations, setting a new record, according to new figures. Tesla tops the list with more than 12 percent market share, with some 138,265 new electric cars sold in the country last year. -
Tesla Q3 deliveries increase
The company delivered a total of 343,380 vehicles -
Thai SC dismisses Toyota appeal
The court dismisses appeal over $270m import tax bill. -
Saudi Arabia imports more cars in H1 than in whole of last year
Saudi ports have witnessed a growth in car imports during the first quarter of 2022, amid an increase in cargo throughput tonnage, official statistics showed in April. -
Sanction partners: Iran’s top automaker eyes Russian market
Russia has come under increasingly tough sanctions since its February invasion of Ukraine, while Iran has faced stringent sanctions reimposed in 2018 when the United States unilaterally pulled out of a nuclear deal between Tehran and world powers. -
Iran, Russia, Turkey considering joint car design and production
Iran and Turkey share a land border, while Russia shares a maritime border with Iran and Turkey across the Black Sea and Caspian Sea respectively. -
Saudi women break another barrier to be auto mechanics
An auto repair garage in Saudi Arabia is turning to an untapped source for new car mechanics: Saudi women, who just four years ago weren't even allowed to drive. -
700-year-old samurai sword smuggled into Switzerland
Valued at $700,000, the Katana sword was discovered in a car with Swiss plates during a routine search near Zurich. -
Sanction-hit Russian carmaker asks Iran for spare parts: Report
A Russian carmaker has asked Iran to supply it with key components it cannot access due to Western sanctions imposed after the invasion of Ukraine, Tehran's state media reported. Hossein Bahrainian, from the Iranian Auto Parts Makers Association, said a Russian automaker had enquired about purchasing parts, without specifying the company by... -
European car sales take a hit from Ukraine war
European car sales sank in March as Russia's invasion of Ukraine added more problems to a sector already struggling with shortages of semiconductors, industry data showed Wednesday. Passenger car registrations fell 20.5 percent compared to the same period last year, with 844,187 units sold, according to the European Automobile Manufacturers'... -
Ekar kicks off car rentals in KSA
A person can rent out his vehicle on the ekar platform. -
Jordan removes customs fees on more than half of imports
Cars, alcohol, and tobacco would not be exempted from customs fees, Jordanian Finance Minister Mohammad al-Ississ has said. -
Lebanon’s car culture comes into question amid fuel crisis
In the absence of a functioning public transport system, car culture has thrived in Lebanon, with many households, even modest ones, boasting multiple vehicles. Since 2019, however, an ever-worsening financial crisis has made petrol unaffordable for many and long queues at gas stations unbearable for the rest. -
Slovakia debuts its first Hydrogen car at Expo 2020
The car has an aerodynamic design and is a sports model, and does not produce dangerous emissions. -
Kuwait looks to regulate local used-car trade market
The regulation will look to limit the maximum number of cars non-Kuwaiti residents in the country can own. -
Kuwait aims to be the hub for electric carmakers in Middle East
Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle manufacturers, making it the hub in the region. -
UAE consumers prefer online motor insurance
74% of the customers buy car insurance online in the UAE More than 90% of the consumers review car insurance offers online A large number of motorists in the UAE prefer to buy car insurance online, according to a survey. Insurance aggregator Policybazaar.ae has said that 74 percent of the... -
Saudi car rental firm posts 40% growth in 2020
Vehicle rental market in the country is forecast to grow 7.5 percent until 2026