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South Africa – Automobile Industry to Witness Good Recovery in 2010
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Increasing trend of investing in gold is expected to lead to higher demand for the yellow metal in the Middle East this year. According to Anan Fakhreddin, managing director of the World Gold Council, Middle East and Turkey, Middle East is likely to witness better gold sales in 2010 than 2009, backed by rising demand and stabilizing markets, as per the news published by Khaleej Times on January 8, 2010. Due to higher disposable incomes,   ... Read more
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South Africa – Automobile Industry to Witness Good Recovery in 2010
08 Mar, 2010
2010 is expected to bring good results for the South African automobile industry as growth is projected in all the departments, namely, production, sales and exports. National Association of Automobile Manufacturers (Naamsa) has projected the new vehicle sales in South Africa to increase by nearly ...Read more

India Automobile Industry Ready to Rule Export Market
05 Feb, 2010
Indian automakers are likely to see good response for their products in the international market due to low cost advantage. According to KPMG, Indian auto manufacturers are likely to soon join the bandwagon of established international automobile giants, such as Toyota, Hyundai, Volkswagen and ...Read more

2010 Soccer Word Cup Likely to Boost Car Sales in South Africa
20 Jan, 2010
The automotive sector of South Africa is anticipated to witness a significant growth in demand in its domestic market in 2010. According to the National Association of Automobile Manufacturers (Naamsa), the South African automobile sector is likely to witness moderately better sales this year in ...Read more

Hybrid Cars Manufacturers See High Growth Potential in UAE
07 Jan, 2010
The UAE presents high growth environments to the leading hybrid cars manufacturers who have expressed confidence on its potential and optimistic about bright future. Auto manufacturers believe that the United Arab Emirates has immense potential for hybrid cars and a large number of companies have ...Read more

Abu Dhabi, Dubai Gearing Up to Become Global Aviation Hub
10 Dec, 2009
Rapidly growing aerospace industry in the United Arab Emirates, on the back of extensive investments and expansion plans, will possibly help the region to soon become the industry’s global hub . The Dubai and Abu Dhabi governments are showing keen interest in the manufacturing processes of ...Read more

US Hybrid Vehicle Sales Up 11.4% in Oct 09
03 Dec, 2009
The hybrid vehicle sales in the US grew 11.4% in the month of October 2009 from the same month last year on the back of lucrative incentives. According to the Green Car Congress, sales of hybrid vehicles in the US rose 11.4% during October 2009 from the corresponding month last year (October ...Read more

Australia to Lead World in Air Traffic Growth
24 Nov, 2009
Australia and New Zealand are expected to lead the entire developed world in terms of air passenger growth. According to aircraft manufacturer Airbus, New Zealand and Australia are projected to outshine the entire developed world in terms of increase in air traffic, reports WATODAY . John Leahy, ...Read more

South Africa – Auto Industry Returning to Growth Track
23 Nov, 2009
New vehicles sales are gradually rebounding in South Africa, mainly on the back of demand from car rental companies. According to the statement of the National Association of Automobile Manufacturers of SA (NAAMSA), sales of new vehicles grew in South Africa in the third quarter of 2009, which ...Read more

China Set to Export Trucks & Vans to South Korea Next Year
21 Nov, 2009
China will export automobiles to South Korea next year, which primarily includes trucks and vans with advanced technology and lower price. China will export automobiles to South Korea next year (2010) for the first time, as per the news by GASGOO . The foremost vehicles to be exported include ...Read more

South Korean Auto Sector Rebounds with Economic Recovery
20 Nov, 2009
Automobile sales in South Korea surged in October 2009 with the people rushing to purchase on the back of recovering economy. Five automobile manufacturers in South Korea reported that the country’s auto sales posted a combined 2.7% year-on-year increase in October 2009, reported Xinhua . ...Read more

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