Category: Auto

Audi A8 Gets 2018 Most Innovative Model Award
June 13, 2018 No Responses

Audi A8 Gets 2018 Most Innovative Model Award

The Audi A8 is the most innovative model of the year 2018 and Audi is the most innovative premium brand in the “Autonomous driving and safety” category.   The “Center of Automotive Management” and consulting firm PricewaterhouseCoopers AG, who together...
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Land Rover Discovery Moves Out Of UK
June 12, 2018 No Responses

Land Rover Discovery Moves Out Of UK

Jaguar Land Rover (JLR) has said it will move production of its Land Rover Discovery SUV from the West Midlands to Slovakia from next year. The Solihull factory, where the Discovery is manufactured, will be used to build a new...
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Audi Expands Mobility Network In Asia
June 8, 2018 No Responses

Audi Expands Mobility Network In Asia

The mobility offering of the four rings continues to grow: With the opening of a new location in Tokyo, Audi on demand is now also available in Japan. In Hong Kong, three further mobility hubs extend the offering. The premium...
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Mercedes-Benz Reports 198,187 Sales In May
June 7, 2018 No Responses

Mercedes-Benz Reports 198,187 Sales In May

Mercedes-Benz sold more vehicles around the world last month than ever before in a May: A total of 198,187 cars with the three-pointed star were handed over to customers (+2.3%). The premium brand thus achieved best-ever unit sales for the...
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Kia Celebrate Founding Anniversary With ‘Green Light Volunteer Week’
May 26, 2018 No Responses

Kia Celebrate Founding Anniversary With ‘Green Light Volunteer Week’

Kia Motors Corporation is celebrating its founding anniversary with a series of volunteer activities across the globe. Kia’s ‘Green Light Volunteer Week’ which runs until May 30, will see thousands of its employees around the world volunteering in their ...
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Hyundai Reports 391,197 Sales In April
May 15, 2018 No Responses

Hyundai Reports 391,197 Sales In April

Hyundai Motor Company, South Korea’s largest automaker and No.1 Selling Korean Automaker in the World, has announced its global sales results for April 2018, posting a total of 391,197 units sold, up 11.1 percent from a year earlier.   The...
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Geely Proposes Dual Listing For Volvo In Hong Kong, Sweden
May 12, 2018 No Responses

Geely Proposes Dual Listing For Volvo In Hong Kong, Sweden

Volvo parent company,  Zhejiang Geely has selected Citigroup, Goldman Sachs and Morgan Stanley to advise on an initial public offering  (IPO).  According to Bloomberg, Geely is looking at a value of between $16 billion and $30 billion and a dual...
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Rolls-Royce £200,000 SUV Debuts
May 11, 2018 No Responses

Rolls-Royce £200,000 SUV Debuts

Rolls-Royce has become the latest luxury car maker to launch an SUV. Chief executive Torsten Müller-Ötvös said the new Cullinan, which will cost more than £200,000, was a “seminal” moment and probably the “most anticipated” Rolls-Ro...
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BMW Explains €2.3b Net Profit, 604,629 Sales In Q1
May 7, 2018 No Responses

BMW Explains €2.3b Net Profit, 604,629 Sales In Q1

BMW profits expanded slightly in the first quarter of 2018 as margins unexpectedly climbed despite a hit from currency headwinds on its top-line  The Munich-based premium carmaker explained that  first quarter revenues fell 5.1 per cent from a year ago...
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Toyota Explains Proposed Self-Driving Test Site
May 5, 2018 No Responses

Toyota Explains Proposed Self-Driving Test Site

Toyota Motor Corporation has unveiled  plans to build a dedicated test site for self-driving cars in the United States of America.   The site will be located within the 1.75-mile oval test track of the Michigan Technical Resource Park at...
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Kia Records 240,028 Global Sales In April
May 3, 2018 No Responses

Kia Records 240,028 Global Sales In April

Kia Motors Corporation on Wednesday announced its April 2018 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 240,028 units sold, increasing 9.3% from 2017. In April, sales in Korea totaled 50,0...
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Honda, Mazda issue profit warnings
April 30, 2018 No Responses

Honda, Mazda issue profit warnings

Two Japanese automakers, including Honda Motor, issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of record high global vehicle sales.   The outlook highlights fears of....
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COSCHARIS Motors To Unveil All New Ford Escape At 2018 Lagos Auto Fair
April 30, 2018 No Responses

COSCHARIS Motors To Unveil All New Ford Escape At 2018 Lagos Auto Fair

Foremost firm, Coscharis Motors Plc has concluded plans to unveil the all new Ford Escape at the 2018 Lagos Auto Fair scheduled to hold from 7 to 12 of May, 2018 at the Federal Palace Hotel, Lagos.  Coscharis explained on...
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Audi Recalls 1.16m Vehicles Over Defective Water Pumps
April 26, 2018 No Responses

Audi Recalls 1.16m Vehicles Over Defective Water Pumps

Citing potential fire, Audi has recalled 1.16 million vehicles worldwide for coolant pump issues.   Out of the figure, 342,867 units are in the United States market such as the 2013-2017 A4 sedan and Allroad, 2013-2017 A5 coupe and cabriolet,...
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