Industry Developments

Ford Motor Company's results for Q108 have helped lift the gloom hanging over the US-based major. Net income reached US$100mn, up from the US$282mn loss recorded in Q107, while the... 2008-05-29

Hafilat Industries of the UAE has won a AED30mn (US$8.17mn) contract to supply locally-assembled buses for export. A new purpose-built plant in the Industrial City of Abu Dhabi has... 2008-05-28

Unconfirmed reports suggest Japan's Toyota will be addressing oversupply in the US by exporting vehicles to the Middle East and other emerging markets. The Indiana-built Sequoia SUV... 2008-05-27

At a time when Chinese carmakers are expanding their presence throughout Africa, Nigeria's Super Motors has been named as the exclusive distributor for China's Anhui Jianghuai Automobile... 2008-05-23

Chinese carmaker Chery has officially made its debut in South Africa with three passenger vehicles, all aimed at cornering the low-cost market. Distributed by McCarthy, which already... 2008-05-22

The expansion of the Ferrari group in the Middle East as taken another step forward with the opening of the new Fast Auto Technic centre in Saudi Arabia. The Riyadh-based centre will... 2008-05-21

The biggest ever assembly plant for Chinese vehicles in North Africa will be built in Morocco, according to China Daily. Moroccan truck importer and distributor Riad Motors has revealed... 2008-05-20

The organisers of the AUTOMECH trade exhibition in Egypt are expecting a higher turnout at this year's show, based on the strength of the auto sector's growth and the rising value... 2008-05-19

US carmaker Ford's Turkish subsidiary has raised its production expectations for the year, following investment of US$115mn in an expansion for its facilities. After previously announcing... 2008-05-16

French carmaker Renault has taken further steps towards its project to produce an electric car with Israeli partners, with representatives visiting the country to examine the technology... 2008-05-15