Arab News

Lincoln Continenta­l launched in the region

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the Middle East, marking the rebirth of a legendary nameplate that has served to carry state leaders and monarchs for decades. The introducti­on of the stylish full-size sedan ushers in a new era of extravagan­ce, delivering effortless power and a comfortabl­e ride to its clients. “The 2017 Lincoln Continenta­l has been designed to be as enjoyable to ride in as it is to drive, and provides features that contribute to an experience so serene you might think you are still at home,” said Alex Schaeffer, director, Lincoln Middle East. worldwide sales by 7 percent from 3,245 to 3,457 units. Thus, sales grew for the sixth consecutiv­e year. Turnover exceeded €900 million ($959.8 million) for the first time and increased from €872 million to €906 million. In preparatio­n for the market launch of the third model line in 2018, the Super SUV Urus, Lamborghin­i continues its strategic investment­s. The total headcount increased from 1,298 to 1,415 during 2016. Stefano Domenicali, chairman and chief executive officer of Automobili Lamborghin­i, said: “Lamborghin­i realized another record year and we are once more outperform­ing our planned figures.” seventh year in succession, the BMW Group intends to continue sustainabl­e and profitable growth, while also expanding its role as a leader in innovation. The company’s core business will be strengthen­ed by the targeted addition of new models and continued work on the strategic areas of electric mobility and automated driving. “Once again, we are targeting record sales volume, revenues and earnings in 2017,” said Harald Krüger, chairman of the board of management of BMW AG. The BMW Group forecasts a slight increase in automotive segment deliveries to customers in the current financial year, which would result in a correspond­ing growth in segment revenues. The group’s profit before taxes is also expected to improve slightly. a car-sharing service featuring Nissan’s new mobil- ity concept, an ultra-compact electric vehicle. The register online to pick and return cars in 14 loca- reserved 30 minutes in advance and can be driven within the city. The service costs 250 yen ($26.9) per 15 minutes plus a 200-yen basic charge, with a maximum daily charge of 3,000 yen. Users need a Japanese driver’s license, a smartphone and a Japan-issued credit card.

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