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News

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

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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 5532
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 6200
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 5341
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 6217
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 6108
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 9522
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 8978
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 5774
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 5238
Jordan

Projected Surge: Jordan’s EV Sales Set to Jump 45.9% in 2023, According to Report

Passenger electric vehicle (EV) sales in Jordan are projected to experience robust growth, expanding by 45.9% in 2023 and reaching an estimated annual sales volume of approximately 23,400 units, according...

2023-07-22 5632
Jordan

Jordan car sales leaderboard: Chinese imports gain prominence in first half of 2023

In the first half of 2023, the Jordanian auto market has shown new vitality, attracting the attention of many auto dealers and foreign traders. Chinese imported cars have also gained...

2023-07-22 7669
Trade News

Mainland China and Other Emerging Markets on the Rise as Auto Exporters

In recent months, there has been a remarkable surge in Mainland China’s auto exports, capturing considerable attention. This transformation of the world’s second-largest economy into a prominent auto exporter is...

2023-07-21 4583