Category: Auto

Kia Redefines Agenda, Long-Term Growth
February 10, 2021 No Responses

Kia Redefines Agenda, Long-Term Growth

South Korean carmaker Kia announced an update of its ‘Plan S’ strategy for its future business at the 2021 CEO Investor Day, held digitally on Tuesday in Seoul.The renewed Plan S strategy is underpinned by three core pillars: advancing electric vehicle (EV) transition, strengthening purpose-built vehicle...
read more
Range Rover Sport Crosses One Million Sales Milestone
February 10, 2021 No Responses

Range Rover Sport Crosses One Million Sales Milestone

Land Rover is celebrating the one-millionth sale of its Range Rover Sport, the company said in a statement on Tuesday.   The company marked the occasion with a commemorative film highlighting some of the famous landmarks this luxury perform...
read more
Report: Toyota Won More Patents In 2020 Than Any Other Automaker
February 9, 2021 No Responses

Report: Toyota Won More Patents In 2020 Than Any Other Automaker

For the year 2020, the United States Patent and Trademark Office awarded slightly fewer patents than in 2019,according to the Intellectual Property Owners Association.  But, one thing remained the same: Toyota was granted more patents than any o...
read more
Hyundai Reiterates Commitment To Protect Jobs
February 7, 2021 No Responses

Hyundai Reiterates Commitment To Protect Jobs

The management of Hyundai Motor will reshore some of its manufacturing operations in the United States to help maintain work for its employees at home, its union said on Saturday.Under an agreement reached between the company and the union, production...
read more
Nigeria Pledges Support For Hyundai Kona,Begins Construction Of Solar Power Charging Stations
February 6, 2021 No Responses

Nigeria Pledges Support For Hyundai Kona,Begins Construction Of Solar Power Charging Stations

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Minister of Industry, Trade and Investment, Otunba Niyi Adebayo has congratulated Stallion Group and its subsidiary, Hyaundai Nigeria for introducing the first Electric Vehicle&nbs...
read more
Electric Vehicle Sales Surge In EU
February 5, 2021 No Responses

Electric Vehicle Sales Surge In EU

Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented hit from the Covid-19 pandemic, the European Automobile Manufac...
read more
Ford To Invest $1b In South African Operation
February 3, 2021 No Responses

Ford To Invest $1b In South African Operation

Ford Motor Company said on Tuesday that it would invest $1.05 billion into its South African manufacturing operations. It will be the biggest investment by the company in the country. The investment will further modernise and expand manufacturing ope...
read more
Hyundai Declares 57% Increase In Profit
February 2, 2021 No Responses

Hyundai Declares 57% Increase In Profit

South Korea’s Hyundai Motor Co has reported  a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars. Hyundai, which together with affiliate Kia Corp...
read more
BMW To Unveil 25 Electric Products In 2021
February 1, 2021 No Responses

BMW To Unveil 25 Electric Products In 2021

Foremost German luxury automotive group, BMW is to has unveil25 electric products in India before the end of 2021.  “As far as our business is concerned, the worst of coronavirus is behind us. In 2020 we saw business shut…This year...
read more
Renault Unveils Kiger SUV
January 31, 2021 No Responses

Renault Unveils Kiger SUV

read more
Daimler Beats Forecasts In Preliminary 2020 Results
January 30, 2021 No Responses

Daimler Beats Forecasts In Preliminary 2020 Results

Mercedes-Benz parent company Daimler on Thursday released preliminary earnings data for 2020 showing higher-than-expected operating profit in a year battered by the coronavirus pandemic.At 6.6 billion euros ($8.0 billion), profit before interest...
read more
Toyota Beats Volkswagen To Become World’s No.1 Car Seller In 2020
January 29, 2021 No Responses

Toyota Beats Volkswagen To Become World’s No.1 Car Seller In 2020

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder...
read more
Hyundai Declares $1.18b Profit In 2020 Q4
January 27, 2021 No Responses

Hyundai Declares $1.18b Profit In 2020 Q4

Hyundai Motor reported on Tuesday a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars.The company explained that it recorded a net profit of 1.3 trill...
read more
VW Operating Profit Drops By Half In 2020
January 24, 2021 No Responses

VW Operating Profit Drops By Half In 2020

For the year 2020, Volkswagen adjusted operating profit nearly halved but car deliveries, according to the company had recovered strongly in the fourth quarter.The world’s largest carmaker said full-year operating profit adjusted for ...
read more
1 … 50 51 52 53 54 … 125