Cars
Foreign Automakers Review Relationships with Tunisian Partners, which...â€happen†to be Relatives of the Ousted President
The looting of the Ferrari 599 GTB owned by former Tunisian president Zein al-Abidine Ben Ali and the smashing of cars owned by his relatives including a Ferrari California may have been eye-catching in an offbeat sort of way, but there are more important automotive-related stories coming out from Tunisia. It has been reported by several news agencies that Tunisians are also destroying random vehicles made by Kia, Fiat, Porsche and other makers. The reason? Because the companies that distribute them are controlled by members of the ruling family. Now, in light of all the latest developments, many international automakers are reviewing their business ties to the extended family of Zein al-Abidine Ben Ali, according to the Financial Times.
The daily newspaper said that up until now, the country's car market, which totaled just under 60,000 units in 2010, was heavily regulated by its trade ministry that favored importers controlled one way or another by relatives of the former president or his wife, Leila Trabelsi.
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All-new Hybrid Tx5 Is London’s Next Black Cab
Chinese-owned London Taxi Company lifted the veils off their all-new TX5 Black Cab in the presence of the Chinese President and members of the British Royal family. Read more »...
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Vw Investigating Its Chinese Partner Faw For Stealing Designs And Illegally Producing Parts!
Chinese carmakers and parts manufacturers stealing designs of components or even entire vehicles from Western automakers is nothing new, but we rarely see these issues coming out in the open when they happen. And if you are wondering why, it is because...
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Hasta La Victoria, Siempre! Cuba To Open Market To New Cars For The First Time Since 1959!
In what can be considered a historical moment, the Cuban government legalized today the purchase and sale of new automobiles for all its citizens, ending the prohibition that had been enforced since the 1959 revolution. It was a move that was announced...
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Video: Tunisians Repossess Ousted President’s Ferrari 599 Gtb Fiorano With A...forlkift
As a result of the political turmoil going on in Tunisia, president Zine el-Abidine Ben Ali has fled the country. But like any dictator on the run, Ben Ali had to leave plenty of wealth behind, accumulated in his 20+ years of totalitarian rule, including...
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Find Of The Day: Iranian President Mahmoud Ahmadinejad To Auction Off His Peugeot 504
Want to buy a car owned by Iranian President Mahmoud Ahmadinejad? Well, if for whatever reason the answer is yes, here's your chance. Iran's state television reported on Monday that the country's president has decided to auction off his 1977...
Cars