July 14, 2018

Motorcycle sales growth overtakes scooter in Q1

For the first time in more than 5 years, motorcycle sales outpaced scooter sales on the back of rising rural demand.

According to SIAM data, scooters clocked 10.35% growth in April-June 2018 but motorcycles"...

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July 12, 2018

Soon, you can rent Lime scooters through Uber

The ride-hailing company said on Monday that it is investing in Lime, a startup based in San Mateo, California.

'Our investment and partnership in Lime is another step towards our vision of becoming a one-stop"...

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July 12, 2018

Yamalube – A Liquid Engine Component: Glass Harp

Yamaha develops its oil alongside the engine it will be used in, and this duty is performed by the engineers themselves. Each Yamalube oil has been specially blended to deliver optimum performance through know-how garnered from use on city streets and racetracks to frozen landscapes, scorching"...

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July 12, 2018

ExaGrid, Hyper-Converged Secondary Storage for Backup Leader,...

ExaGrid®, a leading provider of hyper-converged secondary storage for backup, today announced record Q2 bookings and revenue for Q2 2018. ExaGrid grew at a rate of 22% over the same quarter of the prior year, continuing its trend of progressive growth at a faster rate than that of the overall market and resulting in progressive market share gain. The company also continued its up-market trajectory, attracting increasing numbers of enterprise customers with hundreds of terabytes to petabytes of data to be backed up. “ExaGrid continues to drive up market with the most scalable backup storage in the industry that can ingest up to a 2PB......

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July 12, 2018

Hotel Transylvania 3: A Monster Vacation set to become the...

Empire International, the exclusive theatrical distributor of Sony Pictures Releasing International in the Middle East is set to release Sony Pictures Animation’s Hotel Transylvania 3: A Monster Vacation across the region today. Along with the English movie, an Arabic dubbed version"...

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July 11, 2018

Renault set to launch new Duster in GCC

Renault Middle East will launch the new Duster, its top SUV, across the GCC from September.

The vehicle, which is already on sale in Lebanon and Egypt, will be available in Jordan from August, and will also be sold in Iraq in late 2018, said a statement from the company....

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July 10, 2018

Meeting in Sanaa discusses situations of Transport Ministry...

A meeting, chaired by Deputy Prime Minister for Services, Mahmoud Abdul Qader Al-Junaid, discussed on Monday the situations of the Ministry of Transport and the General Authority for the Regulation of Transport Affairs in the capital Sanaa.

The"...

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July 10, 2018

BMW: Tariffs mean higher prices in China for US-made SUVs...

Automaker BMW says it will have to raise prices on the U.S.-built SUVs it sells in China due to higher tariffs. China raised the import tax on cars from the United States to 40 percent in retaliation for higher tariffs on Chinese goods imposed by President Donald Trump. Vehicles are exported to 140 countries, making BMW the largest U.S. auto exporter. The dpa news agency reported that the Munich-based company said Monday it is 'not in a position to completely absorb the tariff increases.' BMW builds key SUV models in Spartanburg,......

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July 9, 2018

Sonalika aims to double sales in five years; to invest Rs...

Homegrown tractor manufacturer Sonalika International Tractors is planning to double its sales in the next five years from the 100,000 units it sold in fiscal 2018, a top executive said.

To meet the target and future emission rules, the tractor manufacturer has planned an investment"...

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July 3, 2018

Panasonic to consider more investment in Tesla's Gigafactory...

Panasonic Corp would consider further investment in Tesla Inc's so-called Gigafactory if requested by the U.S. electric vehicle maker, an executive at the Japanese conglomerate said on Monday. The investment would come on top of the $1.6 billion Panasonic is contributing to the automotive battery plant, which it jointly operates with Tesla in the U.S. state of Nevada. 'We would of course consider additional investment if we are requested to do so,' Yoshio Ito, chief of Panasonic's automotive business, said at a media......

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