Category: Automotive

Careem discounts for expat Pakistanis when returning home

There are around nine million Pakistanis who have left their homeland in search of employment and each month they send money home – as much as $1.9 billion in total every 30 days.

Around 82 percent of money that is sent back to Pakistan comes from just five countries – Saudi Arabia, the United States, the United Kingdom. Malaysia and the United Arab Emirates.

One of Careem’s biggest markets is Pakistan, but many of the Careem Captains working in other countries – notable here in the UAE – are also Pakistani. So, we invited 50 Pakistani Captains working in Dubai to meet with Mudassir Sheikha, CEO and Co-Founder of Careem, and Zulfiqar Bukhari, the Special Assistant of the Prime Minister for Overseas Pakistan.

To mark this meeting, Junaid Iqbal, the Managing Director of Careem Pakistan is now working with the Ministry of Overseas to develop special promo codes for expat Pakistanis to use when they are back in Pakistan. In addition to this, a team is now being set up to work with vario..

Michelin and Faurecia create a French champion of hydrogen

Will France succeed in creating a world champion for fuel cells? In any case, this is the objective of the two tricolor equipment manufacturers, Michelin and Faurecia, who have just signed a major alliance in this area – in the presence of the Secretary of State for Industry, Agnès Pannier-Runacher. Both have invested tens of… Continue reading Michelin and Faurecia create a French champion of hydrogen

Nissan: Nissan LEAF first electric car to pass 400,000 sales

Best-selling electric vehicle of all time will go on sale in more than a dozen new markets this year YOKOHAMA, Japan – The Nissan LEAF today became the first electric car in history to surpass 400,000 sales, solidifying the model’s leading role in the global shift toward more sustainable mobility. Introduced in 2010 as the… Continue reading Nissan: Nissan LEAF first electric car to pass 400,000 sales

Start of production for new BMW 7 Series Sedan

Dingolfing. Production of the new BMW 7 Series Sedan got underway at BMW Group Plant Dingolfing just a few days ago. Roughly three-and-a-half years after the sixth generation was launched, the BMW brand’s top model has been thoroughly revised and given greater presence. “The BMW 7 Series has defined our identity at this site for… Continue reading Start of production for new BMW 7 Series Sedan

BMW Manufacturing Continues as Largest U.S. Automotive Exporter by Value.

Export Value From South Carolina Totals More Than $8.4 Billion in 2018. Plant Produces 4.5 Millionth BMW Built in South Carolina. September 8th Marks 25 Years of Production in South Carolina.                                                                                                     Spartanburg, S.C.  For the fifth consecutive year, BMW Manufacturing led the nation in automotive exports by value, according to data released this week… Continue reading BMW Manufacturing Continues as Largest U.S. Automotive Exporter by Value.

China Digest: Baidu leads $450m round in Weltmeister; Orchid Asia backs Hunliji 

March 11, 2019 Chinese internet group Baidu Inc has led a $450-million Series C round into Weltmeister Motor while Orchid Asia has led a $70-million round into Chinese wedding services provider Hunliji. Baidu Inc leads $450m Series C round into Weltmeister Motor Electric vehicle maker Weltmeister Motor has raised RMB 3 billion ($450 million) in a Series C round led by… Continue reading China Digest: Baidu leads $450m round in Weltmeister; Orchid Asia backs Hunliji 

Zenvo Returns With 1177 Horsepower TSR-S – CarBuzz

The car features multiple adjustable performance settings, including a variable power output. At its least limited setting, the massive 5.8-liter twin-supercharged V8 produces 1,177 hp at 8,500 rpm and 811 lb-ft of torque. Power is sent through a seven-speed paddle shift dog box, which Zenvo says is one of the fastest-shifting transmission in existence. 0-62… Continue reading Zenvo Returns With 1177 Horsepower TSR-S – CarBuzz