Middle East

Oil prices? They're nothing to worry about

12:01 am U.S. ET | Oct. 6, 2014
Spikes in fuel prices have been behind most recessions during the last 40 years, Ira Silver reminded the National Auto Auction Association at its annual conference last month in Boston....
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Mobileye shares surge 48% after $890 million IPO

11:25 am U.S. ET | Aug. 1, 2014
Shares of Mobileye NV soared 48 percent in their market debut today as investors bet that the race by automakers to improve safety ratings would boost demand for the company's unique camera-based systems that help drivers avoid collisions....
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Ford readies product push in fast-growing Africa, Middle East

12:34 am U.S. ET | July 17, 2014
Ford plans to introduce 25 new models by 2016 in Africa and the Middle East, where it projects the driving age population will grow 31 percent by 2023 to 1.7 billion people....
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Renault seeks financial partner to resume Iran activities

June 19, 2014 13:36 CET
Renault is looking for a financial partner to help it resume activities in Iran. The automaker is in talks with the U.S. and French governments on the issue, Chief Performance Officer Jerome Stoll said....
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Rolls-Royce recruits former Chery executive

May 9, 2014 06:01 CET
Rolls-Royce named Brett Soso, a former executive at China carmaker Chery, as regional director for the Middle East, Africa and South America....
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Fiat Chrysler targets Europe, Africa, Mideast for double-digit sales growth

4:18 pm U.S. ET | May 6, 2014
Fiat Chrysler Automobiles plans to introduce 34 new or redesigned models to its portfolio in Europe, Africa and the Middle East and is targeting an overall 27 percent increase in sales in those regions by 2018....
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China's Changan to assemble vehicles in Russia and Iran

Feb. 28, 2014 10:23 CET
China's Changan Automobile, a major state-owned automaker, plans to build complete knockdown plants in Russia and Iran to increase its exports, according to local media and the company....
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HANS GREIMEL

French automakers beat U.S. rivals back to Iran

12:01 am U.S. ET | Feb. 14, 2014
Sanctions have barely been eased on Iran and the Detroit 3 are being beaten back to the market by French rivals. This is not surprising as the U.S. still keeps businesses and individuals shackled by stricter trade restrictions....
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HANS GREIMEL

French automakers beat U.S. rivals back to Iran

12:01 am U.S. ET | Feb. 14, 2014
Sanctions have barely been eased on Iran and the Detroit 3 are being beaten back to the market by French rivals. This is not surprising as the United States still keeps businesses and individuals shackled by stricter trade restrictions....
Read More »

 

Renault resumes Iran shipments for car production

Jan. 29, 2014 16:05 CET
Renault has resumed shipments to Iran and expects its car production in the country to pick up progressively throughout the first half of 2014....
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China's Guangzhou plans to assemble cars in Russia

Jan. 29, 2014 13:17 CET
China's Guangzhou Auto will start assembling vehicles in Russia and Iran using complete knockdown kits shipped from China. The move is part of a wider plan to push into emerging markets this year that includes the start of vehicle exports....
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Renault eyes return to Iran when sanctions are lifted

Jan. 23, 2014 13:38 CET
Renault could re-enter Iran once trade sanctions against the country are eliminated as the auto market is poised to grow by at least 50 percent, CEO Carlos Ghosn said....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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