MENA Magazine

Porsche shares plunge after announcing EV rollout delay

Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV)…

Startups across the Middle East and North Africa are raising fresh funding to scale operations, enter new markets, and develop…

Volkswagen unveiled a concept for a new small electric SUV on Sunday as part of the automaker’s push to offer…

Major automakers will showcase their latest models at Munich’s car show on Monday as Europe’s automotive sector faces crises ranging…

Jaguar Land Rover (JLR) has instructed factory staff to stay at home until at least Tuesday as the company continues…

Shares in Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop…

Egypt has signed a deal with China’s Sailun Group to build an automotive tire factory in the Suez Canal Economic…

Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year…

Japanese Prime Minister Shigeru Ishiba said on Monday he will not hesitate to hold talks with President Donald Trump to…

Formula E’s partnership with Saudi Arabia and the Kingdom’s Public Investment Fund (PIF) is emerging as a global benchmark for…