Auto – Page 135 – City Business News

January 28, 2017 8 Responses

2016: Hyundai delivers 4.86m vehicles worldwide

Hyundai Motor Company has announced its 2016 full-year business results. According to the company, sales volume and operating profit declined from the same period last year “due to high production cost caused by series of labour strikes and continued economic...

January 25, 2017 No Responses

BMW unveils 2018 4 Series

BMW has announced updates to the 2018 BMW 4 Series. Available in three distinct body variants, the BMW 4 Series according to the company embodies the very essence of dynamics and aesthetic appeal in the premium segment. “The arrival of...

January 21, 2017 No Responses

BMW, Daimler to expand purchasing deal

(Auto News) BMW Group plans to expand its cooperation with Daimler in purchasing components, the automaker’s new head of purchasing, Markus Duesmann, said in an interview with the Frankfurter Allgemeine Zeitung. “It’s not been fully exploited...

January 14, 2017 No Responses

VW shareholders call for reforms

By Edward Taylor, Reuters Volkswagen investors demanded greater transparency and reforms at the carmaker after it admitted to criminal offences in rigging U.S. emissions tests and U.S. prosecutors indicted six current and former managers over the scandal. T...

January 12, 2017 No Responses

Emission: VW pleads guilty, to pay $4.3 Billion

By Tom Schoenberg, Christoph Rauwald and David McLaughlinBloomberg Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal...

January 9, 2017 No Responses

2016: Rolls-Royce records second highest sales in 113 years

Rolls-Royce Motor Cars has announced its second highest ever annual sales result in the marque’s 113-year history, up 6% on its 2015 results. in 2015, a total of 4,011 cars were delivered to customers in more than 50 countries, affirming...

January 9, 2017 one Response

True state of Automotive Industry in Nigeria, By Luqman Mamudu

Nigeria has once leveraged on the multiplier effect of the automotive industry to successfully better the lot of its people and there is no better time than now to consolidate effort and make it sustainable. The four year Reconstruction and...

January 7, 2017 3 Responses

Kia declares 3.7m global sales in 2016

Kia Motors Corporation on Friday announced its 2016 full-year global sales figures (export sales, domestic sales and sales from overseas plants) for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 3,007,976 units sold....

January 7, 2017 No Responses

Lexus debuts new exhibit design at Auto Show

Lexus will debut a new auto show exhibit in Detroit’s Cobo Center at the 2017 North American International Auto Show, which takes place January 8-22. The new design showcases the Lexus brand’s hallmark craftsmanship, quality and safety while giving visitor...

January 6, 2017 No Responses

Kia releases first images of all-new Picanto

Kia Motors has released images of the all-new Picanto, the third-generation of one of Kia’s global best-selling cars. Created by Kia’s design centres in Namyang, Korea and Frankfurt, Germany, the new Picanto according to its manufacturers brings youthful a...

January 5, 2017 No Responses

‘Demand for BMW 7 Series up by 39 %’

Between January and December 2016, demand for BMW 7 Series increased by 39 per cent to 12,918 in the United States of America (USA). The BMW X1 also set a new sales record with 27,812 units, a 92.9 percent increase...

January 4, 2017 No Responses

Dakar 2017: Team Toyota wins opening stage

(Wheels 24)-It was a picture perfect start for Toyota Gazoo Racing SA, as Nasser Al-Attiyah and navigator Mathieu Baumel (#301) triumphed in the opening stage of the race, a 26th stage victory for Al-Attiyah on the Dakar Rally. Giniel de...

January 3, 2017 No Responses

Volkswagen dethrones Volvo as best-selling car in Sweden

Sweden’s best-selling car in 2016 was not a Volvo – the first year that has happened in more than half a century. Instead the Volkswagen Golf topped sales, according to the country’s carmakers association. The Golf made up 5.9% of...

January 2, 2017 No Responses

Daewoo partners Iran on Shipbuilding

South Korean shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME) and Industrial Development and Renovation Organization of Iran (IDRO) have agreed a mutual cooperation related to the Iranian shipbuilding industry. The parties signed a Head of Agree...

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Category: Auto