Industry Developments

General Motors Company (GM)'s east African joint venture saw static sales over 2009 as Egyptian and South African consumers helped sustain total sales at 151,578 units, Capital FM... 2010-03-08

South Africa's auto industry is set for a strong recovery in 2010 after car sales the first two months of the year jumped 18% year-on-year (y-o-y), according to National Association... 2010-03-05

German commercial vehicle manufacturer MAN has expanded its presence in the Middle East with the appointment of Integrated Automotive as its exclusive distributor in Jordan. MAN will... 2010-03-02

South Africa's Optimal Energy will unveil the production version of its Joule electric car at the Geneva Motor Show (March 4-14), as it becomes the first domestically developed and... 2010-03-01

Al Masaood Automobile, the exclusive dealer for Nissan Motor in Abu Dhabi, expects a return to positive sales growth in 2010, after a 25% year-on-year (y-o-y) decline in 2009. The... 2010-02-24

Peugeot Automobile Nigeria (PAN) could survive without government contracts provided the business environment improves, according to its deputy managing director, Malam Shehu Dauda.... 2010-02-23

The Renault-Nissan Alliance is planning the next step in its South African growth strategy, according to Renault SA's managing director, Xavier Gobille. Following their ZAR1bn investment... 2010-02-22

German carmaker Volkswagen (VW) has reported that its Middle East division continued to increase its market share in the region in 2009, despite the difficult operating conditions.... 2010-02-19

Abu Dhabi-based Aabar Investments has announced plans to claim a 24.5% stake in a joint venture with the Algerian government and Germany's Ferrostaal, building on a Memorandum of... 2010-02-18

Hyundai Motor's distributor in Saudi Arabia, Mohammed Yousuf Naghi Hyundai Motors, has entered into an operational leasing agreement with A'ayan Saudi Leasing. The deal will see Naghi-Hyundai... 2010-02-17