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Tesla rival Lucid Motors wants to build factory in Saudi Arabia
February 21, 2019

LONDON: A US-based electric-vehicle company that raised more than $1 billion from Saudi Arabia wants to build a factory in the Kingdom, and says its mission to build “the best car in the world” is well underway.

The California-based Lucid Motors is developing its first model, the Air, which it hopes to sell for more than $100,000 when it enters production in less than two years’"...

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Saudi-backed Lucid Motors spells out vision for the future of electric cars
February 21, 2019

LONDON: For Lucid, one thing is clear: The US electric-vehicle company aims to build the “best car in the world.”

It certainly faces a lot of competition in that regard, given the raft of startups specializing in electric cars that have emerged in recent years, and Elon Musk’s Tesla being streets ahead in the mass-production race.


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Over 80 exhibitors for Automechanika Jeddah
February 20, 2019

More than 80 exhibitors from 15 countries are set to take part in Automechanika Jeddah 2019, Saudi Arabia’s dedicated trade fair for the automotive aftermarket next week in Jeddah.

Taking place at a new venue – from 26-27 February 2019 at the Jeddah Hilton Hotel – Automechanika Jeddah is set to present the latest trends and innovations from some of the biggest names in the global automotive aftermarket and services industry.

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Milrem Robotics’ THeMIS UGV Strengthens Its Position as The Industry Standard
February 19, 2019

(AETOS Wire) -- The unmanned warfare systems developer Milrem Robotics is the most represented company in its field at this year’s IDEX with the widest selection of different weaponized unmanned ground systems on display.

Together with industry partners MBDA, Electro Optic Systems, ST Engineering and Nexter, Milrem Robotics is exhibiting four"...

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7th edition of PR Arabia Auto Award launched
February 17, 2019

AFTER seven years, the success of the National Auto Award in Saudi Arabia is a major step for the automotive sector confirming the market trends. After proving its importance, PR Arabia, the agency specialized in the automotive sector, announced the launch of the seventh edition of the “National Auto Award 2019”, which will begin its first stages this month.

This came in line with the announcement of Saudi Shell Lubricants Co. (Shell Helix"...

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Hyundai to host family day movie screenings
February 14, 2019

WALLAN Trading and Hyundai are finalizing preparations for a family entertainment event at which it will screen the hit Marvel movie Ant-Man and the Wasp. It will take place on Feb. 22-23 at Dirab Park in Riyadh.

“Hyundai is proud to support Saudi Arabia’s Quality of Life Program 2020, which focuses on enhancing cultural and leisure activities as part of the country’s Vision 2030 economic development strategy,” said Mike Song,"...

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Yamaha Motor Records Rise in Net Sales for 2018
February 13, 2019

(AETOS Wire)-- Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today that for the fiscal year ending December 31, 2018, consolidated net sales of 1,673.1 billion yen were up 0.2% from the previous year. The company saw a decrease in operating income of 9 billion yen (6.0%), while ordinary income dropped 10.9% to 138.0 billion yen, and net income for the period attributable to parent company shareholders was"...

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Advanced features and technologies of new MG 6 stand out
February 11, 2019

JEDDAH — MG Middle East and Taajeer Group, the exclusive dealer for MG cars in Saudi Arabia, organized a test-drive session for the all-new MG 6 car especially for the media and a number of social networking celebrities at a luxurious compound in Jeddah.

Similar to the event held recently in Riyadh, the test-drive session activities began with a media meeting with Taajeer Group and MG Middle East senior managers at MG cars’ center, which"...

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Abdul Latif Jameel Motors bags Quality Award for IT
February 7, 2019

ABDUL Latif Jameel Motors has been recognized by SAP, the market leader in enterprise application software, in the 2018 SAP Quality Awards for the Middle East and North Africa (MENA). ‘JSAP’ - Abdul Latif Jameel Motors’ Enterprise Resource Planning (ERP) business transformation initiative to introduce the integrated SAP platform across the business, was selected as a Gold winner under the Business Transformation category.

The SAP Quality"...

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Introducing Yamaha’s Factory and Supported Teams and Riders for 2019
February 6, 2019

(AETOS Wire)-- Yamaha Motor Co., Ltd. (TOKYO:7272) (ISIN:JP3942800008) is actively engaged in racing efforts all over the world under its three main principles of raising the value of the Yamaha brand, acquiring advanced technologies, and promoting the healthy spread of motorcycle racing.

The results of those efforts in 2018 included Valentino Rossi"...

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