Category: Auto

Pirelli Develops Tyre With 5G Network
November 19, 2019 No Responses

Pirelli Develops Tyre With 5G Network

Pirelli has developed a new smart tyre called Cyber Tyre, which communicates with 5G network and transmit data regarding the road surface. The company explained on Monday that the Cyber Tyre detects and transmits real-time information related to less than...
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Volkswagen Cuts Operating Profit, Sales
November 19, 2019 No Responses

Volkswagen Cuts Operating Profit, Sales

German carmaker Volkswagen on Monday cut its medium-term outlook for operating profit as the industry is being hit by a global downturn. VW now expects operating profit before special items to grow by at least 25% in the 2016-2020 period,...
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Ashok Leyland Unveils New Truck
November 17, 2019 No Responses

Ashok Leyland Unveils New Truck

Commercial vehicle major, Ashok Leyland has showcased its wide range of Bharat Stage (BS) VI trucks and buses. After receiving the certificates, confirming compliance to BS-VI emission standard, from Automotive Research Association of lndia (ARAI), Ashok Leyla...
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Ford Recalls 165,000 Pickup Trucks
November 16, 2019 No Responses

Ford Recalls 165,000 Pickup Trucks

Ford Motor Company has initiated a recall program for more than 165,000 units of F-150 pickup trucks in North America.  According to the company, the safety recall for the select 2019-20 Ford F-150 vehicles will address improperly secured positive battery...
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Volkswagen Budgets $66b For Future Car Models
November 16, 2019 No Responses

Volkswagen Budgets $66b For Future Car Models

Volkswagen is to plough 60 billion euros ($66 billion) by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans. The company explained on Friday that the sum is an increase...
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Nissan Records 70% Drop In Profit
November 15, 2019 No Responses

Nissan Records 70% Drop In Profit

Nissan Motor Company has reported 70% drop in profit. The company has also cut its full-year outlook to an 11-year low, as the Japanese automaker continued to grapple with falling sales and the aftermath of the ouster of former Chairman...
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Yamaha Recalls 13,348 Motorcycles
November 14, 2019 No Responses

Yamaha Recalls 13,348 Motorcycles

Japanese two-wheeler manufacturer, Yamaha on Wednesday declared increase of 0.5 per cent in its consolidated net sales, amounting to 1.2billion Yen.   Yamaha is also recalling 13,348 units of FZ 25 and Fazer 25 in order to fix a faulty...
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Sales Of All-New Kia K5 Fastback Begins Next Month
November 12, 2019 No Responses

Sales Of All-New Kia K5 Fastback Begins Next Month

Kia Motors on Tuesday published exterior images of the all-new Kia K5 sedan.According to Kia Motors, the new-generation K5 will go on-sale in the brand’s domestic Korean market in December.Released in Korean market’s specification, the latest model off...
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Jaguar Land Rover Delivers 41,866 Units In October
November 12, 2019 No Responses

Jaguar Land Rover Delivers 41,866 Units In October

For the Month of October 2019, Jaguar Land Rover recorded sales of 41,866 units, down by 5.5 per cent when compared to the same month last year.  A statement issued by the company on Monday explained that Year-on-Year sales in...
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Daimler To Sack 1,100 Senior Management Staff
November 10, 2019 No Responses

Daimler To Sack 1,100 Senior Management Staff

Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung has said, citing a newsletter circulated by the company’s works council. According to Agency Report, a spokesman for Daimler’s ...
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Bridgestone To Merge Operations In Africa, India, Others
November 10, 2019 No Responses

Bridgestone To Merge Operations In Africa, India, Others

Bridgestone Tyre is to merge its India business with Europe, Middle-East and Africa (EMEA) block with effect from 2020.  According to the company, the move is aimed at unlocking untapped potential in both India and EMEA.  The integration of India...
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Toyota Declares $6.09b Profit, 2.75m Sales In Q2
November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...
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Renewed Interest In BMW Lifts Q3 Profit By 33 Per Cent
November 7, 2019 No Responses

Renewed Interest In BMW Lifts Q3 Profit By 33 Per Cent

BMW’s new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings.Oliver Zipse, who became CEO in Augu...
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Audi To Increase Engine Production
November 6, 2019 No Responses

Audi To Increase Engine Production

Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Hungarian Foreign Minister Peter Szijjarto has said.  According to agency report, an Audi representative at the premium carmaker’s Ingolstadt head...
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