Kuwait: Latest automotive news & analysis

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MARKET SNAPSHOT: Kuwait's income squeeze to abate and lift car market

19 Mar 2010 | Business Monitor International

Car sales fell in Kuwait in 2009 to 119,133 units, from 122,623 in 2008, according to Business Monitor International (BMI) as the impact of the international economic crisis was felt in the Gulf state’s economy.

Latest news

KUWAIT: Aston Martin investor secures court protection approval

15 Mar 2010 | Simon Warburton

Aston Martin insists its Kuwaiti investor's application for legal protection from creditors will not affect its importance as a major shareholder.

KUWAIT: Aston owner may take up state rescue offer

8 Mar 2010 | just-auto.com editorial team

Kuwait's Investment Dar, which owns 50% of Aston Martin, is considering calling on a US$5.2bn state rescue facility.

KUWAIT: Fund denies Conti talks

22 Jul 2009 | just-auto.com editorial team

Kuwait's sovereign wealth fund, the Kuwait Investment Authority (KIA), has denied holding talks to invest in supplier Continental.

KUWAIT: Investment Dar in talks to sell Aston Martin stake - report

6 Jan 2009 | just-auto.com editorial team

Investment Dar is in negotiations with a Saudi investor to sell 10% in the luxury carmaker Aston Martin, according to local reports.

KUWAIT: Aston Martin stake sale mulled

15 Dec 2008 | just-auto.com editorial team

Investment is considering offers to sell up to 20% of Aston Martin and wants to borrow up to 300m dinars (US$1bn) to refinance debt.

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