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Mar 20

Porsche expects more growth in 2019 after achieving new records in 2018

Porsche expects more growth in 2019 after achieving new records in 2018

DOHA: Success in a time of transformation: In the 2018 financial year, Porsche AG achieved new records for operating profit, sales revenue, deliveries, and headcount. The company’s operating profit grew by around 4 percent compared with the same period in the previous year, reaching"...

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Mar 17

Velodyne Lidar CEO Wins Alliance of Automobile Manufacturers’ Autos2050 Award

Velodyne Lidar CEO Wins Alliance of Automobile Manufacturers’ Autos2050 Award

(AETOS Wire) -- The Alliance of Automobile Manufacturers (Auto Alliance), a trade association representing 12 automakers, honored David Hall, chief executive officer and founder of Velodyne Lidar, Inc., as an Autos2050® award winner. Hall was selected in the award’s Ingenuity category, which pays tribute to executives for demonstrating exceptional creativity and uniqueness. The Auto Alliance recognized Hall as an industry leader by achieving his company’s goal of safe autonomous driving by providing some of the most advanced......

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Mar 11

Dovizioso fends off Marquez to win Qatar MotoGP opener

Dovizioso fends off Marquez to win Qatar MotoGP opener

DOHA (Reuters) - Italian Andrea Dovizioso fended off Honda’s MotoGP champion Marc Marquez at the last corner to win a dramatic season-opening Qatar Grand Prix for Ducati on Sunday, repeating last year’s success.

Dovizioso,"...

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Mar 05

The country that raised Elon Musk looks to plug in electric cars

The country that raised Elon Musk looks to plug in electric cars

Cape Town // Electricity shortages or not, South Africa hopes to become a major provider of battery-powered vehicles and components to the global market.

South Africa has the only auto manufacturing industry in"...

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Mar 04

Peugeot plans US return 30 years after exit

Peugeot plans US return 30 years after exit

NEW YORK: Some 30 years after exiting the US due to plunging sales, Peugeot is preparing a return to a market where it previously knew glory at the famed Indianapolis 500.

PSA group chief executive Carlos Tavares"...

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Mar 03

German carmakers to invest $68 bn in electric cars: VDA

German carmakers to invest $68 bn in electric cars: VDA

Reuters
FRANKFURT
Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show.
“We will invest over"...

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Feb 27

Feature: Lebanese car designer ambitious to launch first home-grown car

Feature: Lebanese car designer ambitious to launch first home-grown car

(Xinhua) -- David Frem, ambitious founder of Frem Industry, will finally realize his dream of launching 'Frem Immortal,' the first car to be designed and manufactured in Lebanon.

'We are working on"...

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Feb 25

Maruti Suzuki expands True Value network with 200 outlets in India

Maruti Suzuki expands True Value network with 200 outlets in India

New Delhi: The country’s largest carmaker, Maruti Suzuki on Monday said it had expanded its True Value network to 200 outlets in 132 cities across the country since its re-launch.

The new True Value network, with large display area, has seen this rapid expansion in less"...

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Feb 24

KIWIride brings e-scooter service to Dubai

KIWIride brings e-scooter service to Dubai

A new electric scooter service is set for launch in Dubai. KIWIride will launch this month, with a fleet of 600 e-scooters that users can access using a dedicated app. The scooters have been designed to handle the hot climate of the UAE, and are intended to provide users with an affordable and environment friendly means of transport for short distance journeys. The app, available on iOS or Android, allows users to locate a scooter and access it, unlock it and pay for the ride, then lock it again once they reach their destination. Scooters......

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Feb 19

Milrem Robotics’ THeMIS UGV Strengthens Its Position as The Industry Standard

Milrem Robotics’ THeMIS UGV Strengthens Its Position as The Industry Standard

(AETOS Wire) -- The unmanned warfare systems developer Milrem Robotics is the most represented company in its field at this year’s IDEX with the widest selection of different weaponized unmanned ground systems on display.

Together"...

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