The Chief Executive Officer of Iran Khodro Co. (IKCO) says the company plans to produce 30,000 cars, mainly of the Samand type, in Iraq in the current Iranian year (started March 20).

Javad Najmeddin said on Tuesday that his company has produced more than 3,000 cars in Iraq since it began its activity in that country in 2011, when the company dispatched 8,000 vehicles to Iraq.

The Iran Khodro plant in Iraq has the annual production capacity of 30,000 cars. IKCO transfers SKD (Semi Knock Down) parts and coated car bodies to the plant.

The"...

An Iranian official says Iran’s commercial fleet transported about 30 million tons of goods during the past Iranian calendar year (ended March 19).

Mohammad Sadeqifar, an official with Iran's Ports and Maritime Organization (PMO), told Mehr news agency on Monday that the figure shows a 4.4-percent increase in maritime trade compared with the previous year.

He said that Iran stood at the 17th place in the global ranking of fleets, provided by the International Maritime Organization.

The Islamic Republic also has the biggest commercial"...

Alfardan Automobiles, the official importer of BMW cars in Qatar, has announced the arrival of the all-new BMW 320i at its showrooms in Doha to complete the 3 series model range with BMW 328i and BMW 335i.

Having sold 12.5mn cars since its launch in 1975, the BMW 3 series continues to be BMW’s best-selling model series, consistently accounting for more than a quarter of the company’s global sales.

The new 320i is now available at Alfardan Automobiles showrooms in Alfardan Towers, West Bay or Suhaim Bin Hamad Street with a price starting from QR159,900.

With...

2012 Busan International Motor Show

Starting with Press Day on May 24, and the Opening Ceremony on May 25, the 2012 Busan International Motor Show will be held under the theme of "The Voyage of the Green Car across the Ocean" at BEXCO in Busan for 11 days through June 3.

The auto show, which first convened as the inaugural exhibition for BEXCO in 2001, is held biennially as part of efforts to promote the regional automotive industry and galvanize the local economy. The show has become an ultra-large scale event"......

Iran's Minister of Road and Urban Development Ali Nikzad says Tehran welcomes a proposal by the Tajik government to connect the Iranian rail network to the city of Kashgar in China via Tajikistan and Afghanistan.

In a meeting with the visiting Tajik Minister of Transportation and Communications Nizam Hakim Oaf on Sunday, Nikzad said the 392 kilometers (km) long rail corridor will connect Iran, Afghanistan, Tajikistan, Kyrgyzstan and China.

"It will increase trade exchange and export volume, reduce transit costs among these countries and facilitate"...

The 2012 Toyota Aurion, essentially a redone version of the 2012 Toyota Camry, but fitted with a V6 engine and better interior appointments, is now available in the UAE. It has already been on sale in other GCC countries like Bahrain and Saudi Arabia since late last month.

In the UAE, the 2012 Toyota Aurion comes in two grades, namely Sports and Grande. In other markets such as Saudi Arabia, the grades are dubbed as Touring and Grande, with further variations of the two.

The Aurion Grande looks like a Toyota Camry with the front and rear clips completely changed. Only the Aurion Grande...

HCC Medical Insurance Services, LLC (HCCMIS), a provider of international travel health insurance, releases an infographic pinpointing the potential perils of vacationing in South America. Feeling decompressed after deep-sea diving or contracting tapeworm after exploring the Amazon are some obscure problems, but not impossible travel accidents you could encounter while abroad. The infographic details the potential costs of these illnesses and accidents.

The"......

Iran's top automaker company IKCO is planning to increase the production of two types of fuel-efficient engines, EF7 and TU5, to 900,000 in 2012.

"Following the government's policy to optimize fuel consumption, the production of fuel efficient engines has become a part of IKCO's agenda," said IKCO vice-president in quality and product, Mir Javad Soleimani.

IKCO manufactured 70 thousand sets of engines last year and is planning to increase this amount to 180,000 sets this year; CNG-based engines account for seventy percent of these products, Soleimani"...

Gatwick Express, the non-stop rail-air link between central London and Gatwick Airport, has introduced new barcode ticket scanners on the gates at London Victoria and Gatwick Airport stations for people who print their e-tickets or have their tickets sent to their UK mobile when booking online at www.gatwickexpress.com

...

AMA Motors, part of the Ahmed Mansoor Al A'ali Group, yesterday signed BD520,000 ($1.4 million) deal with the Bramco Group at gulfBID.

The deal included excavators, a truck and a Liebherr big wheel leader. And the two companies are looking to close deals on more equipment in the near future which could be worth over BD2m.

"The Liebherr big wheel leader is the largest loader for mining on the market," said Bramco chairman and chief executive V K Dewan.

"It's not the cheapest on the market but it is the most fuel efficient. It's probably the most expensive but it is the cheapest...