| AME Info News - Executive Motoring |
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AME Info News - Executive Motoring
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Drivers fined Dhs500 for road crashes
Tue, 07 Oct 2008 09:31:00 +0400
Abu Dhabi has given the private firm employed to clear up minor traffic accidents the power to charge the driver at fault Dhs500. From October 12, the company, Saaed, will charge motorists where at accidents where there is not injury. The announcement was made by Major Hussein al Harthi, who is both head of the traffic engineering and road safety department at Abu Dhabi Police and chairman of the board of Saaed. [AMEInfo.com]
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Tata buys one-third stake in Piaggio Aero
Mon, 06 Oct 2008 10:35:00 +0400
India's Tata has agreed to buy a one-third share of Italy's Piaggio Aero Industries, manufacturer of the Avanti II turboprop twin. The proposed investment by Tata, which is expected to receive regulatory and other approvals later this week, includes the purchase of existing shares from current shareholders and a new share offering. The Ferrari and Di Mase families and the Mubadala Development Co of Abu Dhabi, the current primary shareholders of Piaggio, will also hold about one third each of the Italian company when the deal is finalized.
[AMEInfo.com]
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Dodge in new Dubai football league
Sat, 04 Oct 2008 12:11:00 +0400
Trading Enterprises has announced a sponsorship agreement with E-Sports, launching a country-wide grass roots tournament called the Dodge Junior Football League to be held in Dubai. Trading Enterprises will provide three Dodge Durangos to E-Sports to transport players, coaches and equipment to the games. [AMEInfo.com]
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BMW unveils five new models
Thu, 02 Oct 2008 11:30:00 +0400
BMW has unveiled five new models at the Paris Motor Show. The new models are the 7 Series, the 3 Series, BMW Concept 7 Series ActiveHybrid, BMW Concept X and a Mini Concept Vehicle. The new BMW 7 series is due to arrive in the Middle East in November and the group expects strong sales in the region. [AMEInfo.com]
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Maserati triples GCC sales
Thu, 02 Oct 2008 10:22:00 +0400
Maserati have tripled their GCC sales over the past two years according to the regional Managing Director. The group has also set up a regional training centre in Dubai Airport Freezone. [AMEInfo.com]
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