Mitsubishi Stops Production Of Pajero SUV, Forecasts $1.33b Loss

Mitsubishi Stops Production Of Pajero SUV, Forecasts $1.33b Loss

Mitsubishi Motors Corporation  on Monday projected an operating loss of 140 billion yen ($1.33 billion) in the year to March as the automaker battles a fall in demand for cars due in part to the coronavirus pandemic.   Under the arrangement, Mitsubishi said it...
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Skoda’s First Electric SUV Debuts September 1

Skoda’s First Electric SUV Debuts September 1

 Skoda Auto has  scheduled world premiere Enyaq iV electric Sports Utility Vehicle (SUV) for September 1, 2020.The all-electric SUV is Škoda’s first series-production vehicle to be based on the Volkswagen Group’s mo...
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BMW Rolls Out $77,000 Electric SUV

BMW Rolls Out $77,000 Electric SUV

BMW AG has unveiled its own electric sports utility vehicle to take on the likes of Tesla Inc.’s Model Y and Daimler AG’s Mercedes-Benz EQC.The Munich-based company unveiled the iX3, a variant of the mid-size X3 and its first battery-powered SUV,...
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Nissan Displays B-Segment SUV Concept

Nissan Displays B-Segment SUV Concept

Nissan Motor Corporation on Thursday globally unveiled the B-segment Sports Utility Vehicle (SUV) concept Magnite.The company’s global executive Ashwini Gupta assured that the new SUV to be launched in the later half of the current fiscal year will bring bac...
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Mitsubishi May Shut Down Pajero Plant

Mitsubishi May Shut Down Pajero Plant

Japan’s Mitsubishi Motors is considering shutting down its Pajero subsidiary and closing a factory in central Japan that produces the sport-utility vehicle of the same name.   According to Reuters, Mitsubishi is considering shutting&n...
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Ceat Unveils Contactless Services For Customers

Ceat Unveils Contactless Services For Customers

Ceat has  announced a slew of new service offerings to ensure safety of its customers and business continuity for its dealer partners.The new services offerings include contactless pick & drop service, appointment-based service and in-shop measur...
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Volkswagen Projects Mild Growth

Volkswagen Projects Mild Growth

German automaker, Volkswagen AG expects a slight growth in China’s premium car segment this year despite a slide in broader market sales, a senior executive said.Volkswagen Group‘s China chief, Stephan Woellenstein, made the remarks to reporter...
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Nissan Announces Senior Management Changes

Nissan Announces Senior Management Changes

 Nissan Motor Corporation announced on Friday senior management appointments in the company, which will be effective from August 1, 2020.According to Nissan, Toshihiro Hirai, currently the Corporate Vice President, Powertrain & EV Engineering Division, ...
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European New Car Sales Down 24.1%

European New Car Sales Down 24.1%

European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of coronavirus lockdown measures across the region, industry data showed on Thursday.In June, new car registrations dropped by 24.1% year-...
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Volkswagen To Revamp Facility

Volkswagen To Revamp Facility

 Volkswagen AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan ($590 million) to revamp their car plants in Shanghai to make new Audi sedans, according to a government document seen by Reuters.SAIC Volkswagen, the joint v...
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Volkswagen Shifts Software Development Centre To Audi

Volkswagen Shifts Software Development Centre To Audi

Volkswagen will shift leadership for software development to the company’s premium Audi division in Ingolstadt, Bavaria, Herbert Diess, chief executive of the multi-brand group has said.“The centre of gravity for software development will move ...
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Hyundai Launches New Tucson SUV

Hyundai Launches New Tucson SUV

Hyundai Motor on Tuesday launched its facelifted Tucson Sports Utility Vehicle (SUV) for the Indian market  through its new digital platform ‘The Next Dimension’. The South Korean auto firm also introduced the new Creta SUV and Verna sedan to th...
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Toyota, Ford, Others Recall 13 million Vehicles Worldwide

Toyota, Ford, Others Recall 13 million Vehicles Worldwide

Between January 1st and July 13, 2020 Auto Manufacturers recalled not less than 13,362,759 million vehicles worldwide.  Data obtained from foremost research firm, Finbold indicates that the recalls are mainly due to safety concerns. According to the repor...
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Toyota Unveils Corolla Cross SUV

Toyota Unveils Corolla Cross SUV

Toyota Motor has launched the new Corolla Cross Sports Utility Vehicle (SUV) in Thailand, which is based on the Japanese automaker’s popular sedan. The automaker is expected to launch the Corolla Cross in other markets in the near future. Corolla Cr...
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