Cars

Oman to Implement First Personal Income Tax in the Gulf Region

Oman is set to be the first Gulf country to introduce personal income tax. The new personal income tax will take effect in 2028, raising...

BYD Begins Assembling EVs at New Factory in Brazil

BYD is set to start assembling EVs in Bahia, Brazil. The plant's goal is to produce 50,000 vehicles by 2025. Concerns over labor conditions at...

Japan, South Korea, Malaysia Among 14 Nations Facing Tariffs

Japan and South Korea face 25% tariffs effective August 1. Potential price hikes for cars, electronics, and essential goods. Tariffs could reach up to 40%...

The New Frontier in Medtech: Navigating China-EU Trade Tensions for Investment Gains

China and EU trade tensions impact medical device supply chains. The EU's International Procurement Instrument will limit Chinese firms' access. Profits for medtech firms hinge...

Daimler Truck Plans Senegal Assembly Plant in Tripartite Deal

Daimler Truck plans to build a truck assembly plant in Senegal. The plant is scheduled to begin production in 2026 near Dakar. Daimler will supply...

Renault Celebrates Production of Morocco’s First Fully Electric Quadricycle

Renault's Tangier factory produced Morocco's first fully electric quadricycle. The Mobilize DUO is primarily designed for urban transport and export to Europe. Local suppliers are...