Industry News

Abu Dhabi Motors records 31% growth in Abu Dhabi and Al Ain

Building on its 2009 success, Abu Dhabi Motors has experienced further growth in the first quarter of 2010. The exclusive importer of the BMW Group in Abu Dhabi and Al Ain ensured a perfect start to the new decade with a 31% increase in sales over the same period last year, making Abu Dhabi the second best-performing market in the BMW Group Middle East.

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MINI hosts launch party for new MINI countryman

Against the backdrop of the Salone del Mobile, the world’s foremost design exhibition, MINI recently celebrated the launch of the new MINI Countryman at Face 2 Superstudio in Via Tortona, currently one of Milan’s hottest locations. Some of the leading names in the Italian and international world of fashion, design and lifestyle partied with MINI and even packed their bags for a MINI weekend getaway.

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GM opens Seoul Advanced Design Studio

With a renewed focus on designing, building and selling the world’s best vehicles, General Motors has announced the opening of the Seoul Advanced Design Studio in the heart of the 2010 World Design Capital. The studio is based in the city’s Gangnam area, which is considered not only the most exciting and stylish part of Korea’s capital, but also one of the world’s trendiest neighbourhoods.

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GM pays back Government loans in full

General Motors Company Chairman and CEO Ed Whitacre today announced that GM has made its final payment of $5.8 billion to the U.S. Treasury and Export Development Canada, paying back its government loans in full, ahead of schedule.

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Ford Middle East growth in UAE, Saudi & GCC

Ford’s successful transformation plan is in full gear in the Middle East as the company closes the first quarter of 2010 on a high note, with an outstanding 43 per cent growth over the same period last year across the GCC, while the industry is estimated to have grown by about 5%.

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Rolls Royce Middle East sends off former CEO

Representatives from Rolls-Royce dealerships in the Middle East region convened near Laguna Beach, California, to discuss business development for the next decade and bid farewell to the outgoing CEO. Rolls-Royce Motor Cars CEO, Tom Purves, who will retire at the end of the month, commended Middle East dealerships for their contribution to furthering the brand’s presence in the region. Tom Purves started his career in 1967 as an apprentice engineer at Rolls-Royce, in the 1970s he was the area manager for Rolls-Royce in the Middle East, based in Kuwait.

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