TEHRAN – Auto part makers from Italy have expressed readiness for cooperation with their Iranian counterparts, Mehr news agency reported on Friday.

The two sides held talks on the sidelines of the 28th International Biennial Exhibition of Automotive Equipment and Aftermarket Products (Autopromatec 2019) which was held during May 22-29, in Bologna Italy.

As reported,"...

T he strong lobby of Iranian car companies in the parliament is pushing for a new vehicle price hike, with a lawmaker claiming car production costs surpass revenues and another MP calling on the government and banks to offer more loans to the two top carmakers.

MP Abdollah Rezaeian told Tasnim News Agency, “One of SAIPA’s managers have told me that the production of [small car] Pride costs the car company 430 million rials [$2,960]."...

PitStopArabia.com, the leading online tyre retailer in UAE, announced today the completion of investment with Mitsubishi Corporation (MC). MC now becomes a strategic partner and a shareholder in the company. The investment is a significant milestone for PitStopArabia.com and is aimed at bolstering their market leadership and growing their foot print regionally.

“The decision to invest in PitStopArabia.com was made after a thorough study of"...

TEHRAN- Iranian carmakers manufactured 42,623 vehicles during the first Iranian calendar month of Farvardin (March 21-April 20, 2019), IRNA reported citing the data released by Industry, Mining and Trade Ministry.

The ministry’s data show that car manufacturing in Iran has fallen 47.2 percent in the first month of this year from 80,794 cars manufactured in the same month of the previous year.

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Winfooz, which is aimed at dealers of new and used automobiles in the Canadian market, made its debut with a public e-auction on May 2nd. A vast portfolio of cars of different makes, models and sizes were auctioned off to buyers.

The dealer-to-dealer market is the first initiative launched by Dublin-based Winfooz Information Technology Services, which has centres in Canada and the United States. The firm provides technology and smart auto delivery"...

AETOSWire, a leading innovative press release distribution company in Middle East and Africa, and RoadSafetyUAE, an initiative that ultimately aims to bring about safer roads in the region, cooperate once more in promoting the Road Safety Awareness Campaign for this year’s Holy Month of Ramadan.

This year’s campaign will build on the success achieved"...

The 5th United Nations (UN) Global Road Safety Week will run between 6-12 May 2019. RoadSafetyUAE want to help raising the awareness for this important initiative. As the theme of this activation is ‘Leadership’, we want to focus on the role of private corporations in the context of supporting the cause of road safety, which also has been declared a ‘national priority’ in the ‘UAE Vision 2021’. Private companies have direct influence over their staff and their eco-system and hence, can"...

(AETOS Wire)-- Niagara Falls tour operator Maid of the Mist orders two new passenger vessels sailing on pure electric power, enabled by ABB’s technology

Visitors to the iconic Niagara Falls will soon be able to experience one of the US’s top landmarks emission-free. Two new Maid of the Mist passenger vessels will be powered entirely by high-capacity battery packs, becoming the first all-electric"...

C ar prices have been soaring on an hourly basis in Iran over the past few days.

Vexed by the raging prices, Iranian parliamentarians have censured local car companies and government officials.

Nader Qazipour, who represents Urmia’s electoral district in Majlis, told ICANA, “If car prices are not controlled, the parliament will impeach the industries minister.”