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Personalisation Drives Auto Accessories Market Growth in KSA

January 18, 2018

Personalisation Drives Auto Accessories Market Growth in KSA

The auto accessories market in the Kingdom of Saudi Arabia (KSA) is witnessing steady growth bolstered by a growing population and use of personal vehicles due to limited public transportation. Personalisation is quickly becoming a strong differentiator as customers look for ways to make their vehicles stand out. As automotive demand in the region remains weak, accessories become a viable option to boost"... Continue Reading

Hyundai debuts all-new autonomous features at CES 2018

January 15, 2018

Hyundai Motor showcased a trio of new technologies at CES 2018 at the Las Vegas Convention Center, all focused on connecting future technology with evolving mobility challenges.

Hyundai’s next-generation hydrogen-powered fuel cell electric vehicle equipped with new Advanced Driver Assistance System (ADAS) technologies was"... Continue Reading

Panasonic Develops Scalable ''ePowertrain'' Platform for Small EVs

January 15, 2018

Panasonic Develops Scalable ''ePowertrain'' Platform for Small EVs

(AETOS Wire) -- Panasonic Corporation announced on Jan. 9, 2018 that it has developed a scalable 'ePowertrain' platform, a solution for the effective development of small electric vehicles (EVs). The platform is a systematized application of devices used in the EVs of major global carmakers, and is intended to contribute to the advancement of the coming mobility"... Continue Reading

The Toyota Prius carries on 20 years of innovation

January 14, 2018

Given that, in the year 2018, just about any car that eschews the conventional fossil-fuel-only template still seems to be talked about as “cutting edge” technology, it is almost incredible to ponder that the Toyota Prius celebrated its 20th anniversary this past month.

It won’t go down in automotive history as"... Continue Reading

Jeep Grand Cherokee SRT honoured with Auto Bild Sports Cars Readers’ Choice Award

January 14, 2018

The high performance Jeep Grand Cherokee SRT, sold in the sultanate by the official Jeep dealership, Dhofar Automotive, has been honoured by readers of the influential German magazine Auto Bild Sports Cars. The powerful 468hp model scooped the readers’ choice award for best import in the Vans and SUV category.

Commenting"... Continue Reading

Kuwait-backed 007 carmaker Aston Martin targets London float

January 13, 2018

British luxury carmaker Aston Martin is mulling a London stock market flotation, Bloomberg reported Tuesday.
Aston Martin, in which Kuwait’s Investment Dar and Adeem Investment Co. own a stake, is mulling an initial public offering (IPO) that could value the iconic sports car manufacturer at as much as £5 billion ($6.8 billion, 5.7 billion euros), according to a report which cited people"... Continue Reading

Toyota to introduce Amazon Alexa in its vehicles

January 10, 2018

Toyota announced it will introduce Amazon Alexa, Amazon’s intelligent cloud-based voice service, within select Toyota and Lexus vehicles with Toyota Entune 3.0 App Suite and Lexus Enform App Suite 2.0 in 2018. Additional models will be available in 2019. This feature will allow Toyota and Lexus customers in the US to interact with Alexa in the car. Alexa can help customers with thousands of things and connects to more than a thousand third-party smart home products for added convenience and ease of use. With Alexa, customers can simply ask for directions, control entertainment, get the news, add items to a shopping list, control their smart home, while on the road, and more. “Voice services are rapidly becoming more popular and through our integration with Amazon Alexa, Toyota and Lexus customers will soon be able to easily speak to Alexa...... Continue Reading

ABB and Formula E Partner to Write the Future of E-Mobility

January 9, 2018

ABB and Formula E Partner to Write the Future of E-Mobility

(AETOS Wire) -- ABB and Formula E are teaming up in a ground-breaking partnership to champion e-mobility for a sustainable future. Since its first race in Beijing in September 2014, Formula E has established itself as the number one all-electric international motor sport. In the next level of development, global pioneering technology leader ABB is bringing its name"... Continue Reading

Maxion Wheels to Open New Passenger Car Aluminum Wheel Plant in Pune, India

January 9, 2018

Maxion Wheels to Open New Passenger Car Aluminum Wheel Plant in Pune, India

(AETOS Wire) -- Maxion Wheels, the world’s largest wheel manufacturer, announced today the formation of a new legal entity, Maxion Wheels Aluminum India Private Limited, as a key step in its plan to develop and produce up to four million light vehicle aluminum wheels annually in India. The Company has secured property in Pune, India and will initially build"... Continue Reading

Realigned Business Models Set to Support Companies in a Challenging KSA Automotive Parts Aftermarket

January 9, 2018

Realigned Business Models Set to Support Companies in a Challenging KSA Automotive Parts Aftermarket

The Kingdom of Saudi Arabia’s (KSA) automotive parts aftermarket is undergoing significant changes that are pushing companies to realign their business models with new conditions. Declining demand for new cars, growing competition, and change in brand preferences are opening up fresh business opportunities for parts suppliers, distributors, and retailers.

... Continue Reading

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