K2, a leading manufacturing company in the UAE, has announced the launch of THEEB, a local car brand aimed at meeting the needs of the Gulf market. This initiative is part of the UAE's efforts to enhance local industry and reduce reliance on imports.
European Parliament member Bernd Lange announced that President Donald Trump's threat to impose a 25% tariff on European cars seems particularly aimed at Germany, following German Chancellor Friedrich Merz's criticism of U.S. policy towards Iran.
German Chancellor Friedrich Merz stated that the high tariffs planned by President Trump on car imports are aimed at the entire European Union, not just Germany. Merz emphasized Trump's disappointment with the current situation.
An economic institute reported that tariffs announced by U.S. President Donald Trump on cars and trucks from the European Union could lead to losses of up to <strong>$18 billion</strong> for Germany. This move raises concerns for German companies heavily reliant on exporting their vehicles to the U.S. market.
The Kiel Institute for the World Economy warns that U.S. President Donald Trump's decision to raise tariffs on cars and trucks from the European Union could lead to losses of up to $18 billion for Germany. This move is expected to significantly impact the German economy, already facing challenges.
An economic research institute revealed that the proposed increase in car tariffs by former U.S. President Donald Trump could cost Germany nearly <strong>$18 billion</strong> in production. This proposal comes at a sensitive time for the global economy.
U.S. President Donald Trump announced an increase in tariffs on cars and trucks imported from the European Union to 25%. This decision stems from the EU's failure to adhere to a trade agreement with Washington.
Chinese automaker Chery is seeking to expand its vehicle production in Europe through partnerships with local companies, allowing it to leverage existing factories instead of building new ones. This announcement was made during an event in Paris where the Omoda and Jaecoo brands were launched.
The 'Make It Your Car' campaign in Dragon City continues until May 23, attracting a large number of visitors. The campaign aims to promote car ownership and driving culture.
Al Ahly Club has signed an agreement with Genesis to supply the team with 50 new cars, aiming to enhance the club's partnerships with global companies. This initiative is part of the club's strategy to improve its infrastructure and services for members and fans.
Ford has reached a historic milestone in the automotive world by becoming the fastest production car ever at the renowned Nürburgring racetrack, surpassing all other vehicles. This achievement reflects technological advancements in the automotive industry and strengthens Ford's market position.
Despite her lack of interest in the automotive world, 'Mercedes' has become a global symbol. Her father’s passion for cars did not resonate with her, as she preferred playing the piano, yet her name has become a well-known brand worldwide.
Mercedes-Benz has announced a $4 billion investment in its Alabama plant by 2030, aiming to increase its sales in the United States by 28%. This announcement comes amid growing market challenges.
A recent report reveals the best cars that maintain their resale value, with Toyota leading the list for the sixth consecutive year. Luxury and sports models like the G-Class and Porsche 911 also make an appearance, marking them as smart financial investments.
The Alexandria Customs Authority has announced a public auction to sell <strong>41 lots</strong> of cars and outdated goods, reflecting the government's efforts to enhance revenue by liquidating accumulated stock.
Modern cars have become like computers on wheels, capable of tracking everything and raising privacy concerns. Technologies used in these vehicles include vulnerabilities in audio systems and tire pressure monitoring.