Category: Auto

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 automaker has appointed Jochen Hermann as Chief...
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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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Trump Visits Ford
May 23, 2020 No Responses

Trump Visits Ford

President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid tensions with its Democratic governor during the coronavirus pandemic, opting not to wear a protective face mask for...
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Renault May Close French Factories
May 21, 2020 No Responses

Renault May Close French Factories

French automobile manufacturer Renault has earmarked three manufacturing and assembling factories for closure. According to French media daily,the move comes as a core of the restructuring plan for the company with the intention to reduce fixed costs by €2 b...
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Mitsubishi Motors Declares 89 Per Cent Drop In Profit
May 20, 2020 No Responses

Mitsubishi Motors Declares 89 Per Cent Drop In Profit

Mitsubishi Motors Corporation  will focus on cutting fixed costs by 20% or more in the next two years after reporting an 89% drop in annual profit, its weakest performance in three years, and skipping its year-end dividend.The coronavirus crisis has...
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Hyundai Unveils Smart Mobility Ecosystem
May 19, 2020 No Responses

Hyundai Unveils Smart Mobility Ecosystem

 Hyundai Motor on Monday  announced that it is displaying its futuristic smart mobility ecosystem concept’s miniature version at the headquarter.The smart mobility ecosystem of the automaker comprises its Urban Air Mobility (UAM) concept, Purpose Bu...
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Kia Resumes Production
May 19, 2020 No Responses

Kia Resumes Production

Kia Motors on Monday announced that it has resumed production at the Anantapur plant in India after a month long shutdown in accordance to the lockdown announced by the Government.  The South Korean automaker explained that it has incorporated stringent.....
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Coscharis Motors Reopens Auto Sales, Service Facilities
May 18, 2020 No Responses

Coscharis Motors Reopens Auto Sales, Service Facilities

  By Citybusinessnews@yahoo.com Foremost  auto dealer, Coscharis Motors, a subsidiary of Coscharis Group is set to reopen its auto sales outlets and service workshops in accordance with government directive from Wednesday May 20, 2020.  According to t...
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Nissan Unveils Kicks e-Power SUV
May 18, 2020 No Responses

Nissan Unveils Kicks e-Power SUV

Nissan has launched the Kicks e-Power SUV in Thailand. The SUV is capable of delivering the power and performance of an electric car.Available in four different variants, the  e-Power technology onboard the Nissan Kicks e-Power SUV combines an EM57 electric...
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Renault To Discontinue Iconic Models
May 17, 2020 No Responses

Renault To Discontinue Iconic Models

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans.  According to Reuters,the company had already embarked on an overhaul of it...
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