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News

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

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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 4868
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 6517
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 7124
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 4580
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 3995
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 4329
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 5992
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 3415
Trade News

China Surges Ahead of Japan in Auto Exports

Japanese automakers are at risk of repeating the decline experienced by Detroit’s big three automakers (Chrysler, Ford, and General Motors) due to their resistance to electric vehicles (EVs). A significant...

2023-07-21 3542
News

Grand Opening of International Auto Expo in Northeast China

“20th Changchun International Auto Expo Commences with Celebration of FAW Group’s 70th Anniversary” Robots operate in an advanced facility at the intelligent plant of truck manufacturer First Automotive Works Jiefang...

2023-07-21 3461
Trade News

China’s Automobile Exports Surge 75.7% in H1 2023, New-Energy Vehicles Soar 160%

An aerial photo captured on July 9, 2023, showcases MG cars, manufactured by Shanghai Automotive Industry Corp (SAIC), being prepared for shipment to Australia at Shanghai Haitong International Automotive Terminal...

2023-07-21 3465
Trade News

China Sets New Record: Over 600,000 Plug-In Cars Sold in May 2023!

Plug-in electric car sales in China continued to grow in May, taking more than a third of the entire car market. According to EV Volumes’ data, shared by Jose Pontes,...

2023-07-21 3779