UK raises export support amid trade pressures
Britain announced on Sunday it will boost its export finance support by £20 billion ($26 billion) to help…
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cars
Eurozone investor morale slumps to 18-m low – Sentix
Investor confidence in the eurozone plunged in April to its lowest level since October 2023, as new US tariffs…
Jordan’s Zarqa exports surpass JD48m in August
Jordan's Zarqa saw its commercial exports, primarily driven by re-exports, surpass JD48 million in August 2024,…
New Zealand-EU free trade pact to take effect May 1st
New Zealand announced on Monday that a free trade agreement with the European Union will become effective on May 1,…
Hyundai, Kia expect 2% rise in auto sales in 2024
South Korea's Hyundai Motor Co and its affiliate Kia Corp said on Wednesday they expect their combined global sales…
Honda withdraws vehicles to fix seat belt problem
Japanese carmaker, Honda has announced on Wednesday that it is withdrawing a half-million vehicles from the…
S&P expects Egypt’s foreign reserves to fall to $37 billion by June-end amid…
Rating agency S&P has forecast on Friday Egypt’s foreign exchange reserves - including gold – would decline to…
Nearly 320,000 cars to be gas-run in Egypt at FY2020-end: source
Egyptian Natural Gas Holding Company (EGAS) is planning to transfer nearly 320,000 cars to operate in natural gas…
Volvo Cars to cut costs as trade war dents profits
Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the…
Custom duties on cars, buses add 772 mln pounds to Egypt’s coffers
Total custom duties and the value added tax, among other duties, collected on cars, buses, and their spare parts in…
Honda Egypt recalls auto models over airbag defects
Honda Egypt, in collaboration with Consumer Protection Agency (CPA), started Wednesday recalling several models of…
Egypt suspends customs deductions on EU-imported cars in 2018
Egypt suspends the application of the annual cuts on tariffs of vehicles imported from the European Union in…
Egypt’s customs tax of imported cars to fall by 80% next January
Head of Egypt’s Customs Authority Magdy Abdel Aziz said Sunday that the customs tax on cars, which currently…
Egypt to start lowering tariffs on EU cars in January 2018
Egypt will lower tariffs next January 2018 on cars imported from EU countries, Al-Ahram Arabic news website…
Toyota: Committed to hydrogen cars despite potential ‘game changer’ EV battery
Toyota Motor Corp said its solid-state battery technology under development could be a “game changer” for electric…
China looks at ending sales of gasoline cars
China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China's industry…
2017 auto exports hit $69 mln in seven months: Egyptian minister
Egypt’s auto exports have registered $69 million until July 2017, compared to $129 million in 2016, Minister of…
All new Jaguar Land Rover cars to have electric option from 2020
All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain’s biggest…
Apple, Tesla ask California to change proposed self-driving car test policy
Apple Inc urged California to toughen up its proposed policy on testing self-driving cars, a move that would result…
Apple self-driving car testing plan gives clues to tech program
Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California…
Canadian man charged in Yahoo hack loves fancy cars, parties
The Canadian charged in connection with a massive hack of Yahoo accounts that the United States says was a Russian…
Egypt’s Hurghada to host Soma Bay solar car competition
Egypt's Hurghada governorate will host its first ever edition of the Somabay Egyptian Solar Challenge (SESC) where…
Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’
A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440)…
Uber removes self-driving cars from San Francisco roads
Uber Technologies Inc has removed its self-driving cars from San Francisco streets, halting the autonomous…
China to set communication standard for driverless cars after 2018: official
China will revisit in 2018 the standards for vehicle-to-vehicle communication that are vital for driverless cars…
Uber fires back at California DMV in self-driving car row
Uber Technolgies Inc on Friday again defied a demand by California regulators that the ride-services firm apply for…
Fiat Chrysler partners with Amazon to sell cars online
Fiat Chrysler Automobiles (FCA) said it has teamed up with U.S. internet giant Amazon to start selling cars online…
BMW, Baidu joint venture on self-driving cars breaks down
German automaker BMW and Chinese internet giant Baidu will end their joint research on self-driving cars,…
BMW targets 100,000 electric car sales in 2017
BMW wants to boost sales of electric cars by two-thirds next year to 100,000 vehicles as the luxury automaker is…
OUSTA wins award of best technical project in the Arab world for 2016
OUSTA, a company specialised in the transportation of individuals in passenger cars through a mobile application,…
Honda planning new China car factory for 2019 start
Honda Motor Co (7267.T) plans to build a new factory in China that will produce passenger cars from 2019, boosting…
IBM sees tipping point at hand for industrial Internet
Plugging computer sensors into factories, cars, shops and offices to help them operate more smartly on the…
Amazon launches new portal to help car buyers
Amazon.com on Thursday launched Amazon Vehicles, an online platform for users to research on cars, auto parts and…
Auto sales in Egypt to sag to 200,000 cars in 2016- Giza Chamber
The total amount of automotive sales in the Egyptian market is expected to sag in 2016 to 200,000 cars. Chairman of…
European Opel Astra tops best-selling cars in Egypt
Opel Astra maintained its position leading sales of European cars in Egypt between January and May, registering…
Private car sales in Egypt mount to $1.3bn in first 5 months of 2016
The private cars market sold 58,600 units in the first five months of this year, amounting to sales of 12.2 billion…
Top U.S. vehicle safety regulator backs self-driving cars
The top U.S. auto safety regulator said the government will not abandon efforts to speed the development of…
Egypt’s value added tax set at 14pct, to be tackled in parliament
The rate of Egypt’s long-delayed Value-added tax (VAT) has been set at 14 percent instead of the previous rate of…
Germany to demand ‘black box’ in autonomous cars
Germany plans new legislation to require manufacturers of cars equipped with an autopilot function to install a…
Audi favors electric cars, services in new strategy: sources
Audi will boost spending on digital technologies and electric cars over the next decade, sources at the German…