Saturday 25 May 2013
 
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GB Auto boosted by record sales revenues

  Egyptian vehicle assembler and distributor GB Auto said that its first quarter net income surged 160.1 percent, boosted by record sales revenue.   "Our g

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Toughie gets fashion makeover at Idex

The world’s toughest vehicle, the Marauder, has received a high-end fashion makeover in response to growing public interest for a consumer friendly version, with many inquiries coming from the UAE. The Marauder was pronounce

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Bristol Fire puts spotlight on vehicle unit

Bristol Fire, which is part of Concorde – Corodex Group and MH Al Mana Group of Companies (CCG), is set to throw the spotlight on its new multi-million vehicle manufacturing unit set up in Abu Dhabi at this year’s edition of Intersec

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Ford registers gains of $2.2 billion

Ford has posted a third-quarter profit that trounced Wall Street forecasts, driven by higher vehicle prices and record profit margins of 12 per cent in North America. Worldwide, Ford earned $800 million more through price increase

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BAE Systems teams up with UAE group

British defence group BAE Systems said its Land Systems unit in South Africa has signed a teaming agreement with International Golden Group, a company focused on supplying technology-driven solutions to the UAE's security and defence organis

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UAE group sees vehicle sales up 57pc

Al Tayer Motors, one of the UAE’s premier automotive dealerships, said it has notched up an impressive 57 per cent increase in overall vehicle sales in the first quarter compared to last year. Announcing the results on Monday, Al Tayer Mot

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GM sees Middle East sales up 4pc

General Motors said its dealers in the Middle East region had reported total sales of 31,154 vehicles in the first quarter, up four per cent compared to the same period last year. The strong sales result represented GM Middle East'

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Bahrain Commercial Facilities upbeat on outlook

Bahrain Commercial Facilities Company, one of the leading lenders in the Kingdom, has got off to a good start this year and is positive about the year ahead. 'The first two months have been very positive and we have seen an i

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HSBC launches new sales campaign

HSBC Bank Middle East has launched its sale campaign for the first time in Bahrain offering customers reduced pricing on a range of banking and financial products. Running until March 8, the HSBC sale packs lucrative discounts and special

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GM regains crown as top-selling automaker

General Motors Co  regained its title as the world's top-selling automaker from Japanese rival Toyota Motor Corp in 2011. GM, bouncing back from bankruptcy only less than three years ago, said on Thursday it had sold 9.026 million

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