Auto – Gulf Business https://gulfbusiness.com Fri, 16 Dec 2022 11:09:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Auto – Gulf Business https://gulfbusiness.com 32 32 Tesla says new Texas factory is making 3,000 SUVs a week https://gulfbusiness.com/tesla-says-new-texas-factory-is-making-3000-suvs-a-week/ https://gulfbusiness.com/tesla-says-new-texas-factory-is-making-3000-suvs-a-week/#respond Fri, 16 Dec 2022 13:03:57 +0000 https://gulfbusiness.com/?p=238820 Tesla shared the new production figure in a tweet on Thursday

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]]> https://gulfbusiness.com/tesla-says-new-texas-factory-is-making-3000-suvs-a-week/feed/ 0 UAE businessman Khalaf Al Habtoor donates 100 cars to Dubai Police https://gulfbusiness.com/uae-businessman-khalaf-al-habtoor-donates-100-cars-to-dubai-police/ https://gulfbusiness.com/uae-businessman-khalaf-al-habtoor-donates-100-cars-to-dubai-police/#respond Mon, 17 Oct 2022 06:18:35 +0000 https://gulfbusiness.com/?p=231521 The founder and chairman of Al Habtoor Group donated a fleet of Mitsubishi Pajero SUVs

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]]> https://gulfbusiness.com/uae-businessman-khalaf-al-habtoor-donates-100-cars-to-dubai-police/feed/ 0 Volkswagen targets $75bn for Porsche IPO valuation https://gulfbusiness.com/volkswagen-targets-75bn-for-porsche-ipo-valuation/ https://gulfbusiness.com/volkswagen-targets-75bn-for-porsche-ipo-valuation/#respond Mon, 19 Sep 2022 08:00:04 +0000 https://gulfbusiness.com/?p=228007 The German carmaker is selling a 12.5 per cent stake of Porsche’s total share capital

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]]> https://gulfbusiness.com/volkswagen-targets-75bn-for-porsche-ipo-valuation/feed/ 0 Dubai number plate ‘AA 13’ nets Dhs4.42m in auction https://gulfbusiness.com/dubai-number-plate-aa-13-nets-dhs4-42m-in-auction/ https://gulfbusiness.com/dubai-number-plate-aa-13-nets-dhs4-42m-in-auction/#respond Mon, 19 Sep 2022 04:26:24 +0000 https://gulfbusiness.com/?p=227989 Proceeds from the 110th open auction held by Dubai’s Roads and Transport Authority totalled Dhs37.328m

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]]> https://gulfbusiness.com/dubai-number-plate-aa-13-nets-dhs4-42m-in-auction/feed/ 0 Porsche family seeks redemption with IPO after tearful defeat https://gulfbusiness.com/porsche-family-seeks-redemption-with-ipo-after-tearful-defeat/ https://gulfbusiness.com/porsche-family-seeks-redemption-with-ipo-after-tearful-defeat/#respond Sat, 10 Sep 2022 06:15:03 +0000 https://gulfbusiness.com/?p=226829 The share sale, targetted to value Porsche at as much as EUR85bn – roughly the same as its parent – could deliver some 10.6 billion euros in proceeds to VW

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]]> https://gulfbusiness.com/porsche-family-seeks-redemption-with-ipo-after-tearful-defeat/feed/ 0 Porsche IPO moves ahead as parent VW looks to defy downturn https://gulfbusiness.com/porsche-ipo-moves-ahead-as-parent-vw-looks-to-defy-downturn/ https://gulfbusiness.com/porsche-ipo-moves-ahead-as-parent-vw-looks-to-defy-downturn/#respond Wed, 07 Sep 2022 07:43:46 +0000 https://gulfbusiness.com/?p=226350 The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development

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]]> https://gulfbusiness.com/porsche-ipo-moves-ahead-as-parent-vw-looks-to-defy-downturn/feed/ 0 Honda, LG will build $4.4bn EV battery plant https://gulfbusiness.com/honda-lg-will-build-4-4bn-ev-battery-plant/ https://gulfbusiness.com/honda-lg-will-build-4-4bn-ev-battery-plant/#respond Tue, 30 Aug 2022 09:03:11 +0000 https://gulfbusiness.com/?p=225264 The duo will set up a joint venture for the plant with construction starting early 2023

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]]> https://gulfbusiness.com/honda-lg-will-build-4-4bn-ev-battery-plant/feed/ 0 Luxury automaker Bentley announces launch of exclusive, sustainable NFT https://gulfbusiness.com/luxury-automaker-bentley-announces-launch-of-exclusive-sustainable-nft/ https://gulfbusiness.com/luxury-automaker-bentley-announces-launch-of-exclusive-sustainable-nft/#respond Tue, 26 Jul 2022 10:30:07 +0000 https://gulfbusiness.com/?p=220769 The NFT, which is being minted on Polygon, is scheduled for a September launch and limited to just 208 pieces

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]]> https://gulfbusiness.com/luxury-automaker-bentley-announces-launch-of-exclusive-sustainable-nft/feed/ 0 Tesla deliveries dipped in quarter, snapping two-year streak https://gulfbusiness.com/tesla-deliveries-dipped-in-quarter-snapping-two-year-streak/ https://gulfbusiness.com/tesla-deliveries-dipped-in-quarter-snapping-two-year-streak/#respond Mon, 04 Jul 2022 04:56:09 +0000 https://gulfbusiness.com/?p=217545 Tesla will report second-quarter earnings after the market close on July 20

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]]> https://gulfbusiness.com/tesla-deliveries-dipped-in-quarter-snapping-two-year-streak/feed/ 0 Inflation turns EVs into luxury items, threatening broader electric shift https://gulfbusiness.com/inflation-turns-evs-into-luxury-items-threatening-broader-electric-shift/ https://gulfbusiness.com/inflation-turns-evs-into-luxury-items-threatening-broader-electric-shift/#respond Sun, 26 Jun 2022 06:00:42 +0000 https://gulfbusiness.com/?p=216074 An electric car now costs $61,000 on average

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