Lucid Motors continues to suffer heavy losses, but these are now being largely offset by a fresh capital injection from Lucid’s largest shareholder in Saudi Arabia...
2023 is proving a challenging year for Lucid Motors. The American EV maker, known for its luxury Lucid Air models, took a bit of a nosedive...
Lucid’s operations in Saudi Arabia are picking up speed. Its factory in King Abdullah Economic City is on track to be finished within months, with production...
Geely has significantly increased its stake in Aston Martin, raising its ownership from approximately 7% to 17%. Geely invested £234 million ($291 million) to acquire more...
After being discontinued in the US far back in 2014, Toyota FJ Cruiser still continued to wax strong in the middle east (Saudi Arabia) but as...
BMW recently teased an electric off-road racer called the Dune Taxi in a promotional video released by its Middle East division. The automaker hasn’t made a...
All three (3) Audi RS Q e-tron electric vehicles recorded a successful start into a new era at the Dakar Rally in Saudi Arabia. They covered...
Toyota Gazoo Racing announces four-car team and an all-new Toyota GR DKR Hilux T1+ for upcoming Dakar 2022 in Saudi Arabia. For 2022, the Hilux T1+...
Pagani has sold (30%) a major stake to Saudi Arabia’s Public Investment Fund sovereign wealth fund, the Italian supercar marque announced last week. The deal is...
The Toyota Hilux is one of the best selling pickup truck globally and its a regular competitor of the Dakar Rally. For the year 2021 edition,...