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Top Automotive News

  • BMW Group to unveil Rolls Royce models


    During the inauguration of the world's biggest BMW Group showroom tonight two bespoke Rolls Royce models will be unveiled. Khaleej Times - 14Feb 07:28GMT
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  • Leoni denies closure of its Tunisian plant in Mateur North


    Leoni, the leading provider of cables and cable systems to the automotive sector and other industries, has not closed its Tunisian plant in Mateur North and will not do so. The Company strongly disclaims corresponding media reports. Press Release - 14Feb 06:49GMT
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  • Arabian Automobiles sales up 10%


    Arabian Automobiles, the exclusive distributor of Nissan, Infiniti and Renault in Dubai and the Northern Emirates, on Monday said that combined sales of all models saw an increase of 10 per cent, thanks to Dubai Shopping Festival. Emirates 24|7 - 14Feb 06:15GMT
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  • Emirates NBD offers Mercedes auto loan


    Emirates NBD, a leading bank in the region, and Gargash Enterprises, the authorised distributor of Mercedes-Benz in Dubai launched a special offer on auto loans for select models of Mercedes Benz vehicles, to be availed through February 2012. Khaleej Times - 11Feb 07:32GMT
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  • Germany's Leoni shuts Tunisia plant, 2,700 jobs lost


    German firm Leoni will close a car cable system plant employing 2,700 people in the northern Tunisian town of Mateur, due to labour problems, a company spokesman said Friday. AFP - 11Feb 06:59GMT
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  • Renault opens factory in Morocco, stirs controversy at home


    Renault inaugurates on Thursday a giant factory in Morocco to build low-cost cars, sparking controversy at home in France where a loss of industrial competitiveness has rankled. AFP - 09Feb 12:41GMT
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  • Mercedes-Benz 2011 sales achieve best performance since 2008


    Mercedes-Benz Middle East & Levant has announced regional sales during its 125th Anniversary year in 2011 as the second best ever achieved, celebrating record performances and touching highs last experienced in 2008. Press Release - 09Feb 10:19GMT
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  • Consumers in Saudi Arabia have predilection for Japanese midsize cars


    Sales of new vehicles in Saudi Arabia have shown steady growth since the slump precipitated by the 2009 financial crisis. BMI estimates that 2011 will have seen a 7.0 percent year-on-year (y-o-y) increase in sales, to a total of 688,883 units. The Saudi Gazette - 09Feb 07:46GMT
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  • Rolls Royce market buoyant despite recession signals


    Torsten Muller-Otvos took over as new chief executive of Rolls Royce Motor Cars in March 2010. Arab News - 09Feb 07:01GMT
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  • General Company for Cars intends to contract with Hyundai in Iraq


    Iraq's state-owned General Company for Cars has announced on Wednesday its intention to sign a contract with the South-Korean Hyundai Company to construct a complete manufacturing line within 3 years for the production of Korean Hyundai cars in Iraq. Aswat Aliraq - 09Feb 06:58GMT
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Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Ghabbour Auto Egypt 496
2 Société Auto Hall Morocco 404
3 Saudi Automotive Services Company Saudi Arabia 224
4 ENNAKL Automobiles Tunisia 191
5 Auto Nejma Morocco 172
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