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News and Information about qatar
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Bentley Motors has unveiled the Continental GT V8 S at the Qatar Motor Show. The new model -- building on the V8 platform for enhance performance and a sportier look – will be sold in the Middle East starting April 2014. The launch Continental GT V8 S came a day after Al Wajba Motors, the sole distributor for Bentley in Qatar, announced the opening of its new Bentley showroom in Doha.
“Bentley has enjoyed remarkable success across the Middle East in recent years and the region is one of our most valued global markets,” remarked Kevin Rose, member of the Board for Sales, Marketing, Aftersales.
“The Continental GT V8 S is an exciting addition to the Bentley range and we are confident it will be a favorite amongst drivers in the region with its sportier stance and enhanced performance.”Read the entire article Bentley unveils Continental GT V8 S at 2014 Qatar Motor Show
The Porsche and Piech families have acquired the 10-percent stake held by Qatar Holding in Porsche Automobil Holding SE, allowing them to regain full ownership of the holding company. In a statement, supervisory board chairman Wolfgang Porsche remarked that regaining full ownership of the company is an expression of their confidence in the “prosperous future” of Porsche SE as the largest shareholder of Volkswagen AG.
Porsche SE owns 50.7 percent of VW's common shares. Frank Biller, an analyst with Landesbank Baden-Wuerttemberg, told Bloomberg that Qatar Holding's stake is valued at around EUR930 million ($1.24 billion), assuming that Porsche SE's common shares carry the same price as the publicly traded preferred stock.
Porsche spokesman Albrecht Bamler said the parties are not disclosing the acquisition price. Qatar said it is still fully committed to Volkswagen and intends to keep its 17 percent stake in the carmaker. Ahmad Al-Sayed, Qatar Holdings chief executive officer, said in the statement that as a long-term strategic investor, they believe that Volkswagen “represents a unique investment."Read the entire article Porsche and Piech families buy Qatar’s 10% stake in Porsche SE
The first high performance luxury sports car in the Arab world -- dubbed LykanHypersport 2013 – will be launched on Jan. 29 at the Qatar Motor Show. It will be the most exclusive sports car in the world as just 7 units of this car will be built. Each has a price tag of $3.4 million. What makes this car incredible is its high performance and luxury levels as well its uniqueness.
This car is capable of going from zero to 100 kms per hour in 2.8 seconds and could hit the top speed of 390 kms per hour (242 mph). To put that into perspective, this car is more than 100 kmh (62 mph) faster than the take off speed of Airbus 380, the largest commercial jet in the world. Several of its amazing specifications are its luxurious diamond coated LED lights; gold stitched interior leather seats, a reverse door opening system and a creative ID4Motion interactive Dashboard.
This car is the product of several of the most prominent auto companies out there that worked six years to get it done. These include Italy-based companies: RUF automobile, Studiotorino, Viotti, Magna Steyr Italia and ID4MOTION. Deliveries for the LykanHypersports 2013 by W Motors will begin this September. The seven lucky owners will be getting a Special Edition Cyrus Klepcys watch, with a value of more than $200,000.Read the entire article 2013 Qatar Motor Show will see the $3.4 million W Motors LykanHypersport
The MINI John Cooper Works rally car registered its first FIA win this season after Abdulaziz Al-Kuwari bagged the Qatar International Rally, which is the first round of the 2012 Middle East Rally Championship (MERC). Al Kuwari and his co-driver sibling Nasser Al-Kuwari, topped the event with a margin of two minutes and 24.9 seconds.
The win was significant as it gave the Mini JCW Super Production Car its first win on its first try and the Al-Kuwari brothers their first career MERC victory.
“It is a fantastic feeling to win this rally,” said Al-Kuwari, who became the 32nd driver to win at least one round of the MERC.Read the entire article MINI bags first FIA victory at the 2012 Qatar International Rally
People in Qatar are currently driving huge SUVs, premium sportscars and stretched sedans run by 12-cylinder engines, but that could change, as the country's government wants consumers to opt for eco-friendly vehicles. This is one of the challenges facing a nation determined to be an even bigger participant in the automotive industry.
Qatar is considered the richest nation in the world based on 2010 gross domestic product per capita data. The Middle East Automotive Summit was held this week, kicking off the 2012 Qatar vehicle show.
One of the many topics discussed was how to respond to a worldwide population that is increasing, ageing and becoming more urban. It has been forecasted that there will be 9.2 billion people in the world by 2050, an increase from around 7 billion today and 8 billion by 2030. The number of vehicles on the streets is estimated to rise from 700 million to 3 billion by 2050. This means that there will be lots of traffic congestion and emissions depending on the type of vehicle that people will be driving.Read the entire article Qatar government wants its people to opt for green automobiles
At the 2012 Qatar Motor Show, Bugatti unveiled an exclusive and uniquely coloured Veyron 16.4 Grand Sport a.k.a. world’s fastest and most powerful open top car. As you can see from the photos, the car comes in a black and yellow combination, Ettore Bugatti’s favorite colors (although we loved the legendary Bugatti blue color). The black colour is actually carbon fiber and this makes the Veyron Grand Sport even more exclusive.
The design is completed by the black-tinted wheels. The theme is also continued at the interior and the vehicle features seats finished in yellow-colored leather with black stitching. The middle console is in black carbon, while the dashboard, steering wheel and gearshift are made of black leather with yellow stitching.
Under the hood, we find the same 8.0-liter quad-turbocharged W16 engine delivering an impressive 1,000 hp and capable to push the car to a top speed of 407 km/h with the roof on, while with the roof off the speed is “limited” to 350 km/h. So if you really like this car you’d have to know that it costs 1.58 million euros.Read the entire article 2012 Qatar Motor Show: Bugatti unveils an exclusive Veyron 16.4 Grand Sport
The Prime Minister of Qatar, Sheikh Hamad bin Jassem al-Thani, was reported by a local publication as saying that Qatar is seriously contemplating to take a stake in the famous sports car maker Porsche. As it looks for more investments abroad, Qatar may also invest in other car companies.
The official news agency of Qatar said that the Prime Minister is considering auto companies, including those of the German brand. Sheikh Hamad is quoted as saying that they are looking into this possibility but they have not yet finalized anything since there are still meetings to be scheduled.
The first to report on this was the German magazine Focus which it did early this week. If Qatar's intentions push through, it could assist Porsche settle a 3.3 billion Euro ($4.3 billion) loan that is due in one year. The carmaker is looking to raise an additional 2.5 billion Euros in the syndicated loan market after closing what have been a difficult 10 billion Euro refinancing late last month.Read the entire article Qatar is seriously contemplating to take a stake in Porsche
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