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News

Understand automobile imports, stay informed about the latest developments and industry news

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Uzbekistan

Emerging Trends in Uzbekistan’s Electric Vehicle Import Market

Uzbekistan has emerged as a frontrunner in Central Asia’s electric vehicle import market. The country’s remarkable growth in brand diversity, competitive pricing, and rising import numbers has set it apart...

2023-07-25 4992
Uzbekistan

China’s Yutong Inaugurates Car Service Center in Uzbekistan

On July 11, 2023, Yutong Corporation, a prominent Chinese automaker, launched its latest 12-meter bus model, the Yutong ZK6128H, in Samarkand, Uzbekistan. The event also marked the grand opening of...

2023-07-25 5238
Russia

Chinese Automakers Secure 50% Share of Russia’s Auto Market

Chinese carmakers have significantly increased their presence in the Russian auto market, capitalizing on the departure of Western carmakers following the Ukraine invasion. In June, approximately 40,000 Chinese cars were...

2023-07-24 4383
Russia

Russia to Seize Parallel-Imported Cars and Heighten Vigilance against Counterfeit Used Car Exports

Recently, the Federal Customs Service of the Russian Federation has launched a special operation to crack down on the illegal trade of vehicles imported from Kyrgyzstan and Armenia at undervalued...

2023-07-24 4046
United Arab Emirates

BYD, China’s Electric Vehicle Manufacturer, Prepares EV Atto 3 to Compete with Tesla in the UAE

Dubai: China’s BYD, in partnership with Al-Futtaim, has emerged as the biggest competitor to Tesla in the electric vehicle (EV) market in the UAE. They have recently launched the Atto...

2023-07-23 4954
United Arab Emirates

Optimized English title: UAE Cabinet Approves Testing Self-Driving Vehicles on Its Roads

Abu Dhabi: The UAE has granted the first-ever license for self-driving cars to operate on its roads, following approval at a Cabinet meeting chaired by His Highness Sheikh Mohammed bin...

2023-07-23 4097
United Arab Emirates

Driving in the Fast Lane: Six Reasons Chinese Car Brands Thrive in the UAE

Over the past few years, Chinese car manufacturers have gained significant visibility on UAE’s roads. Glasgow Research & Consulting experts have identified six reasons contributing to the success of Chinese...

2023-07-23 4845
United Arab Emirates

Musk: Tesla Cars to Become More Affordable Amidst ‘Challenging Times’

Tesla CEO Elon Musk Signals Further Price Reductions Amidst Turbulent Times On Wednesday, Tesla CEO Elon Musk indicated that he would once again lower prices electric vehicles amidst what he...

2023-07-23 4875
Egypt

2023 Policy in Egypt: Over 42,000 Applications Received for Tax-Free Car Import Initiative Aimed at Expats

Minister of Finance Mohamed Maait revealed that a remarkable 42,000 applications have been submitted for the tax-free car import initiative designed for expats. So far, the initiative has resulted in...

2023-07-22 6527
Egypt

Simplified Car Importation for Egyptians Abroad: Exploring the Tax-Free Initiative

For years, Egyptians living abroad have faced challenges in importing their vehicles to Egypt, dealing with customs, taxes, and various complications. However, in October 2022, the Egyptian cabinet introduced a...

2023-07-22 7127
Egypt

Egypt-Japan Partnership: Advancing Localization of the Automotive Industry

On May 2nd, the General Authority for Investment and Free Zones (GAFI) announced Egypt’s intention to collaborate with Japan in localizing its automotive industry. Emphasizing Japan’s pivotal role in achieving...

2023-07-22 4583
Jordan

2023 Challenges Faced by Electric Car Users in Jordan: Battling with Batteries

Electric car early adopters in oil-poor Jordan are now facing the complex challenge of battery disposal as the demand for electric vehicles (EVs) surges across the region. Jordan has been...

2023-07-22 3998