
Legal merger between FAB and Audi – Egypt concludes
From now on, the two banks will be treated as one legal entity under the name FABMISR
From now on, the two banks will be treated as one legal entity under the name FABMISR
He said that the new Spanish sports brand Cupra will appear to the public during the next year, noting that the models of Cupra will be displayed in the showrooms of SEAT, to be displayed in separate and dedicated showrooms starting in 2021.
The first option for customers is the A3 sedan, priced at EGP 495,000, in addition to the Q2 sports model at EGP 505,000.
In the last five years, Audi has been able to have a serious presence in the Egyptian market, and it was capable of increasing its sales spearheaded by the sales of luxury cars.
German carmaker Volkswagen has said suspended Audi Chief Executive Rupert Stadler is leaving the company. The decision came as a probe continued into whether he falsified documents on emissions-cheating software.Europe’s largest carmaker announced Tuesday it was removing Audi chief Rupert Stadler from his post as CEO and the board of the Volkswagen Group. The head …
The German carmaker has confirmed reports that police raided its headquarters and several offices in Germany. They were searching for clues about the role Audi played in the VW diesel emissions scandal.According to German media reports on Wednesday, police officers and prosecutors searched offices at Audi headquarters in the Bavarian city of Ingolstadt, as well …
A regional court in western Germany has ruled that an owner of an Audi A4 with emissions-cheating software is not entitled to give back his vehicle and get a new car from the dealer instead.
Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold more cars and light trucks than any other carmaker in the first half of 2016, ahead of close rivals Toyota and General Motors.
California’s Air Resources Board has rejected Volkswagen’s (VW’s) plan for recalling thousands of 3-liter diesel vehicles, posing a new challenge for the German carmaker to settle its emissions cheating scandal.
Price lists showed that Opel raised the prices of Astra and Cascada by EGP 20,000
US regulators said Monday Volkswagen’s cars with larger diesel engines were also found to have violated the country’s pollution rules.
Embattled German carmaker Volkswagen has said another one of its diesel motors may have had software installed to deceive emissions tests. Until now, only one type of engine had been affected. On Thursday, VW said it was checking whether earlier versions of its EA 288 diesel engines had also been outfitted with the same kind …
Bayern Munich have claimed their third Audi Cup in four attempts, defeating Spanish giants Real Madrid. A late goal from Polish striker Robert Lewandowski secured the victory for the Bavarians. Bayern Munich sealed a 1-0 victory over Spanish giants Real Madrid in the Audi Cup final thanks to a late goal from Robert Lewandowski. The …
Three rival German automakers are buying Nokia’s digital maps division, HERE, a frontrunner in high-precision cartography. The maps are especially useful in the development of autonomous driving systems. German car companies Audi, BMW and Daimler announced on Monday that they would be banding together to purchase HERE from Finland’s Nokia, with each company acquiring an …
We will supply Egyptian Ambulance Organization with vehicles soon, says businessman
The businessman emphasised his complete respect for the judicial decisions against him, but added that he had appealed the decision to dismiss him from his position.
Reuters – Lebanon’s Bank Audi reported first-quarter net profit of $85.8m on Sunday, the same level as in the same period a year before. The bank said in a statement its net profit was driven by 12.2% growth in total income but that it had put aside $20.1m of net loan loss provisions. War in …