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 Financial Times: Inchcape doubles profits
A recovery in global auto markets helped more than double profits at Inchcape as it predicted the resumption of dividends
Financial Times: Texas to end US's chequered past as F1 host
Bernie Ecclestone, F1 commercial chief has opted to sign a 10-year contract with Austin, backed by an annual $25m of state funding
AME Info: Jaguar launches recall in Middle East
Jaguar is recalling more than 200 XF and XK models in the GCC region because of a problem with the fuel pump, according to Automiddleeast.com. The in-tank electric fuel pump may, under certain conditions, not activate properly, resulting in the engine cutting out unexpectedly. The solutioninvolves the installation of new software, the car maker said. The 203 ...
AME Info: BMW sales rise 9% in Oman
Al Jenaibi International Automobiles, the exclusive importer of BMW cars in Oman, has recorded a 9% increase in sales for BMW, while sales of Mini cars in the Sultanate had more than doubled during the first half of 2010 compared to the same period last year. The BMW 7 series remained the top selling model, followed by the BMW 5 series. Sales of the BMW 3 an ...
AME Info: Ford Middle East sales up 31% in H1
Ford Middle East has reported 31% sales growth during the first six months of 2010 over the same period last year. SUVs and trucks led the surge with 46% increases, while cars posted 18% growth in sales across the region led by the new Ford Fusion and Taurus. SUVs saw a 97% increase in sales led by the Expedition model, followed by Explorer at 83% and Flex a ...
Financial Times: Electric car subsidy spared government axe
A promised £5,000 subsidy towards the cost of buying a low-carbon electric or hybrid car is to be spared the government spending axe
AME Info: Nissan recalls Patrols in the UAE
Nissan Middle East has recalled more than a thousand Nissan Patrols in the UAE for electronic problems that could affect the fuel supply and stall the engine, The National has reported. Cars affected are the 2010 model with Vehicle Identification Numbers (VIN) A9000112 to A90004207. An integrated circuit inside the electronic control module (ECM) could poten ...
Financial Times: Toyota to expand overseas production
Toyota expects to begin building cars at a new assembly plant in India in December, and additional factories are planned for Brazil and China in 2012
AME Info: Mazda Oman to launch CX-7
Towell Auto Centre, Oman's sole Mazda cars distributor, is set to unveil the new Mazda CX-7. The new SUV boasts a turbocharged 2.3-litre, 244-bhp engine, 18-inch alloy wheels, xenon headlamps, Bose music system with 6 CD MP3 in dash, leather seats, smart key, reversing camera, climate control air-conditioning, cruise control and Dynamic Stability Control.
Financial Times: Ford faces legal threat on pensions
The car company is facing the threat of legal action over the retirement funds of thousands of former employees of a bankrupt US supplier group whose UK arm went into administration last year.
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UAW: GM To File Paperwork For IPO
UAW head: GM to file paperwork in August for IPO
Auto head: GM to file paperwork in August for IPO
Buick LaCrosse: A Huge Hit in China
GM bullish on S-E Asia
Vauxhall ready to bowl
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