Lotus Cars, under the Adamas Motors group family, has bucked the trend in the industry by expanding with a new showroom in the capital.
It's their second showroom in the region within the last year.
In 2018 the drop in new car sales for the year was estimated at 15-20 per cent but Lotus has been successful enough in Dubai to expand to the capital.
Karl Hamer, Chief executive Officer of Adamas Motors, says his team has performed well despite a sluggish
UK's Jaguar Land Rover to cut 4,000 jobs over next two years
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik renews tolling technology deal for five years
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen flags 50,000 job cuts across group
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
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