Category: Auto

Hyundai Institutes Task Force To Support Customers In Cyclone Affected Area
May 30, 2020 No Responses

Hyundai Institutes Task Force To Support Customers In Cyclone Affected Area

Hyundai Motor has formed a relief task force to support its customers impacted by cyclone Amphan in West Bengal of India.As part of the initiative, the company has positioned dedicated emergency roadside assistance service teams to support the cyclone affected...
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Renault Sacks 15,000 Workers
May 30, 2020 No Responses

Renault Sacks 15,000 Workers

French carmaker,  Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in...
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Nissan To Unveil 12 New Models In 18 Months
May 29, 2020 No Responses

Nissan To Unveil 12 New Models In 18 Months

Japanese carmaker,  Nissan Motor is to focus on cost-rationalisation and market prioritisation for achieving sustainable growth, financial stability and profitability.Meanwhile, with an aim to introduce 12 new models in the next 18 months, the company wants ...
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Stallion Group Unveils Stallion Africar Multi-Brand Auto Sales Portal
May 29, 2020 No Responses

Stallion Group Unveils Stallion Africar Multi-Brand Auto Sales Portal

By Moses Ebosele, ebosele@hotmail.com — Foremost conglomerate, Stallion Group Nigeria has unveiled its end-to-end digital multi brand portal identified as www.stallionafricar.com.  The Multi-brand Auto giant believes that a sizable business wi...
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Kia To Offer Customers Special Insurance Protection
May 29, 2020 No Responses

Kia To Offer Customers Special Insurance Protection

Korean carmaker Kia plans to offer insurance in Europe which protects clients from having to make monthly payments on a new vehicle if they lose their job, a scheme designed to entice reticent customers back into showrooms after the coronavirus shutdown.The.....
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Renault-Nissan-Mitsubishi Presents New Business Model
May 28, 2020 No Responses

Renault-Nissan-Mitsubishi Presents New Business Model

As part of measures to enhance competitiveness and profitability, members of one of the world’s leading automotive alliances, Groupe Renault, Nissan Motor and Mitsubishi Motor Corporation on Wednesday announced several initiatives.Under the arrangement, memb...
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Hyundai, LG Seal Electric Vehicle Deal
May 28, 2020 No Responses

Hyundai, LG Seal Electric Vehicle Deal

Hyundai Motor Group has picked LG Chem as one of the battery suppliers for its upcoming new electric vehicles.  Agency Reports on Wednesday quote the Group’s spokesperson as saying details of the supply contract including the electric vehicle ...
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France Unveils $8.8b Support For Ailing Car Industry
May 27, 2020 No Responses

France Unveils $8.8b Support For Ailing Car Industry

French President,  Emmanuel Macron unveiled Tuesday an 8 billion-euro ($8.8 billion) plan to save the country’s car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles.The plan includes government subsidie...
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Daimler Appoints Philipp Schiemer As CEO Of Mercedes-AMG
May 27, 2020 No Responses

Daimler Appoints Philipp Schiemer As CEO Of Mercedes-AMG

German automobile giant, Daimler on Tuesday has announced that Philipp Schiemer has been appointed as CEO of AMG, Mercedes-Benz’s high-performance subsidiary. He will move from his current position as the head of Mercedes-Benz do Brasil Ltda. Also, the au...
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Suzuki Delivers 2.85m Vehicles, Explains $1.99b Profit
May 27, 2020 No Responses

Suzuki Delivers 2.85m Vehicles, Explains $1.99b Profit

For the financial year ended March 31, 2020, Suzuki Motors on Tuesday disclosed that it sold  2.85 million vehicles worldwide, down 14% when compared to the previous year.  Meanwhile, earnings beat estimates and the Japanese automaker raised its divi...
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Toyota, Nissan, Honda Gear Up For Mexico Reboot
May 26, 2020 No Responses

Toyota, Nissan, Honda Gear Up For Mexico Reboot

Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases. Mexican officials in mid...
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Vespa Wins EU Case Against Chinese Copycat Design
May 25, 2020 No Responses

Vespa Wins EU Case Against Chinese Copycat Design

Piaggio, the Italian company that makes the world-famous Vespa scooter, said Monday that it had won a legal case against a Chinese copycat design. “A design registered by a Chinese party has been declared invalid by the invalidity division of...
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Honda Reopens 155 Dealerships, 118 Showrooms, 155 Service Outlets
May 25, 2020 No Responses

Honda Reopens 155 Dealerships, 118 Showrooms, 155 Service Outlets

Honda Cars at the weekend confirmed that  it has reopened 155 dealerships across India. According to the foremost automaker, the development  also includes 118 showrooms and 155 service outlets.Honda also said that it has adopted comprehensive SOPs on safety...
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Jaguar Land Rover Seeks £1b Loan
May 25, 2020 No Responses

Jaguar Land Rover Seeks £1b Loan

Jaguar Land Rover (JLR) is in talks with the government to secure a loan of more than £1bn, following a drop in sales during the coronavirus pandemic. According to reports, the carmaker has been in discussions for weeks about a...
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