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Industry News
November 2026 · 25 briefs
5 November 2026
- GCCAbu Dhabi taxi fleet reaches 99% hybrid or electric
- GlobalChina's top five carmakers lift overseas sales 83% in October
- GlobalAutoneum agrees to buy French supplier Trèves for up to EUR64m
- GlobalGeely to start selling cars in Ireland in early 2027
- GlobalStellantis puts European fleet and used-car units under Joël Verany
4 November 2026
- GCCJeddah International Motor Show opens its 20th edition
- GlobalBMW cuts its 2026 car margin guidance for a second time
- GlobalChina's October car retail sales fall 25%
- GlobalEU Parliament committee votes to soften 2035 car CO2 target
- GlobalVolvo Cars' three-month sales fall 16% on China and US weakness
- GlobalHonda says it could resume building cars in Europe
- GlobalSchaeffler to cut 3,460 European jobs and close five sites
- GlobalContinental raises its 2026 margin and cash-flow outlook
3 November 2026
- GCCUAE caps vehicle registrations at five per person from 2027
- GCCCars24 brings Dubai's Alba Cars into its group
- GCCUpdated Mercedes S-Class and Maybach make regional debut
- GCCSaudi Arabia recalls 1,262 RAM pick-ups over trailer-brake fault
- GlobalThailand raises excise tax on imported EVs to 35% from 2027
- GlobalFerrari raises 2026 guidance as third-quarter profit rises 13%
- GlobalHyundai and Kia post record October sales in the US
2 November 2026
- OmanOman lists ten Chinese-linked plants, two of them automotive
- OmanOman–China state-visit deals include free-zone warehousing
- GCCToyota and Geely launch plug-in hybrid SUVs in the UAE
- GCCUAE cuts November pump prices after October's rise
- Middle EastChery-backed Freelander plans 11 Middle East markets, including Oman