Morocco succeeds in building diversified automotive ecosystem in 20 years

Sun, 30 Oct 2022 - 03:52 GMT

Jazouli shared his insights on the developments of the renewable energy sector and the booming Moroccan automotive sector which makes Morocco a leading player in low carbon manufacturing.

Egypt signs 2 protocols to localize, develop auto industry

Thu, 04 Feb 2021 - 05:01 GMT

Both companies are subsidiaries of the Egyptian Company for Metal Constructions (Metalco), which is one of the Public Business Sector ministry’s companies.

Exclusive Interview: Toyota Tsusho seeks to expand investments in Egypt's energy, automobile

Sat, 21 Sep 2019 - 09:33 GMT

Toyota Tsusho Corporation made $1 billion worth investments in Egypt during past 10 years, and sees automobile market thriving in the North African country.

Egypt, Nissan cooperate in establishing new automobiles factory

Tue, 19 Mar 2019 - 01:54 GMT

The ministry asked the Japanese company to use Nasr auto-assembling factory and turn it into an export hub through exporting around 50,000 cars annually.

Ford hopes China easing will speed up Zotye venture approval

Wed, 25 Apr 2018 - 07:46 GMT

China said this month it would scrap a limit on foreign ownership of all automotive ventures by 2022.

Egypt, Belarus discuss opening joint automobile, machinery production

Thu, 01 Feb 2018 - 10:36 GMT

Egypt and Belarus discussed in Cairo Sergei Rachkov boosting bilateral cooperation in the automobile and machinery fields.

Jaguar to launch new f-type four cylinder

Sat, 05 Aug 2017 - 01:53 GMT

Jaguar and Land Rover collaborated to design the new f-type four Cylinder. It is a sports car with four-cylinder and unique character.

Mahindra plans to double investment in US

Tue, 18 Jul 2017 - 07:20 GMT

ndian conglomerate Mahindra Group plans to double its US investment in the next five years.

Car sales down 40%: Car dealers association

Tue, 04 Jul 2017 - 05:00 GMT

Rising fuel prices affected the car market negatively, resulting in an expected 40 percent decline in sales.

Volkswagen manipulated France sales figures: report

Sat, 01 Jul 2017 - 03:30 GMT

German car giant Volkswagen's French subsidiary manipulated sales figures for years to present an unrealistically positive picture to central management.

Could Apple's next big thing be a car?

Fri, 30 Jun 2017 - 09:42 GMT

Is an Apple Car about to hit the road? The California technology colossus behind the iPhone has confirmed its interest in self-driving cars.

Race is on to turn flying car into reality

Wed, 28 Jun 2017 - 11:22 GMT

Aeronautics giants are treating the idea of a flying car with caution, as such a project raises more questions than it answers

Waymo teams with Avis to keep self-driving cars going

Tue, 27 Jun 2017 - 09:39 GMT

US car rental giant Avis Budget announced Monday it will team up with Waymo on the self-driving cars being tested on Arizona roads.

GM reaches settlement over faulty ignition switches

Sat, 24 Jun 2017 - 05:43 GMT

US auto giant General Motors has reached a settlement with hundreds of car owners in a lawsuit over faulty ignition switches linked to 100 deaths.