| AME Info News - Executive Motoring |
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AME Info News - Executive Motoring
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Porsche Centre Bahrain breaks sales record
Tue, 06 Jan 2009 05:07:00 GMT
The exclusive Porsche dealer in Bahrain, 'Behbehani Brothers', Porsche Centre Bahrain says it broke its sales record by selling 312 cars in 2008. The company said it was just four years ago that it broke its 1st record ever selling their 100th Porsche. [AMEInfo.com]
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Toyota forecasts heavy slump
Mon, 05 Jan 2009 10:11:00 GMT
Japan's largest car manufacturer, Toyota, which is also the parent company of the Lexus brand, has forecast its first operating losses in 71 years as a drop in sales across the US, EU and Japan hits margins. Honda also forecasts heavy drops in revenue. [AMEInfo.com]
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Chrysler gets $4bn bailout
Sun, 04 Jan 2009 07:00:00 GMT
Chrysler has received a $4bn emergency loan from the US government, similar to one given to General Motors on the last day of 2008. With industry sales plummeting, figures are due for release on Monday, the US government has had to make the emergency payouts to allow manufacturers to continue to meet existing overheads and payment schedules. [AMEInfo.com]
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Hanco car rental inks Benz deal
Sat, 03 Jan 2009 05:17:00 GMT
Saudi-based Juffali Automotive Co. has announced closing a deal with Hanco for Car Rental for 60 Mercedes-Benz vehicles, 50 C-Class cars and 10 S-Class cars. Juffali is the exclusive distributor and dealer for Mercedes - Benz passenger cars in Saudi Arabia. [AMEInfo.com]
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Ford to offer self-parking car
Wed, 31 Dec 2008 04:34:00 GMT
Ford Motor Company said yesterday that it is developing a car that can parallel park itself. The new self-parking technology will debut as an option on the 2010 Lincoln MKS sedan and the new seven-passenger Lincoln MKT luxury crossover vehicle, the company said. The technology uses ultrasonic sensors on the front and rear of the vehicle, combined with electric power steering to angle and guide it into a snug parking space - all with the push of a button. [AMEInfo.com]
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New car sales plunge in Jordan
Tue, 30 Dec 2008 10:46:00 GMT
Sales of new cars in Jordan have fallen sharply over the past three months due to the global economic crisis, reported the Jordan Times. Some dealers report that sales have dried up for months, as people just come to their outlets simply to 'window shop'. [AMEInfo.com]
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Used-car sales plummet in UAE
Mon, 29 Dec 2008 08:22:00 GMT
Sales of used cars in Dubai and Sharjah have fallen substantially, according to Sanjay Singh, manager of Advantage Used Cars in Dubai. He said the luxury used cars business has been almost zero because banks are reluctant to finance such deals. A dealer at Al Aweer said since the banks have raised the minimum salary for used car finance to Dhs5,000, ordinary buyers cannot obtain bank loans. [AMEInfo.com]
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Saudi rally driver to debut new car
Mon, 29 Dec 2008 07:00:00 GMT
Saudi Arabian rally driver Yazeed Al Rajhi is set to debut a brand new Peugeot 207 S2000 in the Qatar International Rally, round one of the 2009 FIA Middle East Rally Championship, from January 22-24. The Saudi driver won both the Sharqia and Kuwait candidate rounds of the regional series in 2008 in a Subaru Impreza. The Peugeot S2000 has been built, and will be run, by the Belgian Kronos Racing team, under the management of Marc van Dalen. [AMEInfo.com]
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Motor show opens in Jeddah
Sat, 27 Dec 2008 05:48:00 GMT
The annual Saudi International Motor Show is opening today its 30th editiion at the Jeddah Center for Forums & Events on Madinah Road at 5pm and will continue till Dec. 31, Arab News has reported. The event is organized by the Al-Harithy Company for Exhibitions Ltd., which covers vehicles, motorcycles, auto parts, accessories and garage equipment. [AMEInfo.com]
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Hybrid Mercedes to hit the Mideast
Wed, 24 Dec 2008 09:19:00 GMT
A hybrid Mercedes S400, unveiled at the Abu Dhabi car show last week, is expected to go on sale in the Middle East next summer. The company says it will get 30 miles to the gallon and be the first luxury hybrid in the Middle East. [AMEInfo.com]
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