Other Qatari firms are also seizing opportunities in Saudi Arabia, with total contracts estimated at USD 10 billion.

The American Petroleum Institute (API) plans to sue the Biden administration over new EPA rules that aim to reduce emissions and promote electric vehicle adoption.

Positioned as a forward-thinking EV manufacturer committed to green mobility solutions, Corrit Electric aims to make a notable impact in the Middle East.

Stellantis, the fourth-largest automaker globally, reaffirmed its 2024 financial projections and announced plans to increase its dividend payout next year.

These bespoke tyres are engineered to handle both instant torque and cornering challenges encountered in both off-road and on-road applications.

Oil prices dipped as investors weighed the potential delay in US interest rate cuts and the impact of abundant crude and fuel inventories on the …

Presently, Kia India exports its vehicles to a diverse array of over 100 international markets from its Anantapur facility.

This move aligns with Honda’s broader strategy, as the company also intends to introduce an electric kei passenger car next year.

The UK, historically a key player in the automotive sector, is also experiencing a loss of ground to emerging markets.

It has to generate returns which are greater than what the rest of the industry can generate, said Shah.