Retired rental supply to stay flat amid off-lease surge

The overall volume of retired rental-fleet vehicles should be flat over the next several years, in sharp contrast to the expected surge in off-lease vehicles, forecasters say.

Remittance in a digital world

UAE has made impressive strides in developing disruptive technologies

ADESA, Manheim refocus on physical auctions in Chicago

The physical auction business in the Chicago area promises to be more competitive and a lot more interesting as the nation's two auction titans gear up to go head-to-head in that market.

Paradigm shift in Emiratisation in banking and insurance sectors

Current quota system based on quantity is affecting competitiveness

AutoNation revives its used-only stores

AutoNation CEO Mike Jackson, who pulled the plug on the company's last used-car chain, says the opportunity is ripe and the company has the right strategy this time.

Small dealerships lack the clout and capital to compete

Regardless of geography, market size or franchise, many dealers with a single point or a small group find they must either become bigger or sell.

Galpin’s chef: From 5-star fare to dealership kitchen

In 2002, Geovannni Euceda gave up his position as chef at the swank Beverly Hills Hotel. He's been running an industry rarity — a successful restaurant inside a car dealership — ever since.

UAE’s potential to become global sukuk leader

At a time when regional economies are seeking financing to fil fiscal gaps Islamic capital market has huge opportunities

NISSAN’S GHOSN: CEO already plotting next targets

Carlos Ghosn is five months from the conclusion of his multiyear Power 88 business plan, with its targets for increased profitability and bigger market share. He now has to decide what his next targets will be.

Saudi banks face growing challenges from contracting and construction sector

NPLs associated to construction sector is the highest compared to other sectors