Category: Auto

Auto Manufacturers To South Africa: Drop Import Tariff On Electric Vehicles
August 19, 2019 No Responses

Auto Manufacturers To South Africa: Drop Import Tariff On Electric Vehicles

Nissan Motor Company, BMW AG and Volkswagen AG are among carmakers in talks to bring the electric-car revolution to South Africa.  The industry is preparing a unified stance on electrification to present to the government by the end of the...
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Skoda Delivers 102,700 Units In July
August 18, 2019 No Responses

Skoda Delivers 102,700 Units In July

Czech automaker Skoda has registered its best July sales last month with 102,700 units worldwide compared to 99,700 units in the same month last year, up by 31 per cent, informs the automaker in a release. High demand for the...
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BMW To Staff: Narrow Sales Gap With Mercedes
August 17, 2019 No Responses

BMW To Staff: Narrow Sales Gap With Mercedes

BMW’s new chief executive, Oliver Zipse urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time when demand for luxury carsis waning. According to Reuters, Oliver Zipse addressed staff...
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JK Tyre Seeks More Export
August 16, 2019 No Responses

JK Tyre Seeks More Export

JK Tyre  is ramping up exports as demand has dried up in the Indian domestic  market due to a slowdown in auto sales, which have been on decline in the last  nine months. Already, the company has spotted an opportunity...
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BMW Explains 1.3% Increase In July Sales
August 15, 2019 No Responses

BMW Explains 1.3% Increase In July Sales

BMW Group has posted 1.6 per cent Year on Year (YoY) growth in July 2019 with 183,487 units delivered.. BMW brand registered 1.6 per cent YoY growth with 157,062 units delivered last month. The X range of luxury SUVs from...
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Jaguar Land Rover Delivers 37,945 Units In July
August 14, 2019 No Responses

Jaguar Land Rover Delivers 37,945 Units In July

For the Month of July 2019, Jaguar Land Rover’s global sales grew by 5 per cent at 37,945 units. According to the company, the sales growth was fueled by the recovery in the Chinese market, where the automaker’s retail sales...
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Bajaj Auto Unveils New Motorcycle
August 14, 2019 No Responses

Bajaj Auto Unveils New Motorcycle

Two-wheeler manufacturer, Bajaj Auto on Tuesday launched a new Pulsar 125 Neon with DTS-i engine The 125cc DTS-i engine churns a power output of 12 PS and a torque of 11nm, the company said in a statement. It comes with...
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Michelin Hike Tyre Prices
August 9, 2019 No Responses

Michelin Hike Tyre Prices

By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region.  The announcement will affect tyre prices across the commercial l...
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Kia Motors Targets Africa, Others With New Seltos SUV
August 8, 2019 No Responses

Kia Motors Targets Africa, Others With New Seltos SUV

South Korean auto major, Kia Motors is looking to export its made-in-India mid-sized SUV Seltos to various global markets like Africa and South America.  The company, which has set up its manufacturing base in Andhra Pradesh with an installed production.....
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Mercedes-Benz Delivers 188,857 Units In July
August 8, 2019 No Responses

Mercedes-Benz Delivers 188,857 Units In July

Mercedes-Benz started the third quarter with a new sales record for the month ofJuly: A total of 188,857 cars with the three-pointed star were delivered (+12.7%). The ongoing model changes in the high-volume compact-car segment had a positive impact on...
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Suzuki Declares 46% Drop In Profit
August 6, 2019 No Responses

Suzuki Declares 46% Drop In Profit

Suzuki Motor Corporation on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market.Japan’s fourth-largest automaker posted an ope...
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Kia Delivers 225,902 Units In July
August 6, 2019 No Responses

Kia Delivers 225,902 Units In July

For the month of July, 2019, Kia Motors Corporation’s global sales stood at 225,902 units, a decline of 2.7% when compared to the same month last year. Sales in Kia’s home market, South Korea increased slightly to 47,080 units, reports the...
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Renault May Cut Stake In Nissan
August 5, 2019 No Responses

Renault May Cut Stake In Nissan

Renault and Nissan Motor Co. have held talks that would see Renault reduce its stake in the Japanese carmaker and help the French company restart merger discussions with Fiat Chrysler Automobiles, The Wall Street Journal reported.The sides are weighing plans.....
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Suzuki Cuts Workforce As Sales Sink
August 4, 2019 No Responses

Suzuki Cuts Workforce As Sales Sink

Maruti Suzuki India Ltd, has cut the number of workers it employs on temporary contracts following a plunge in vehicle sales, it told Reuters.The auto industry, which accounts for nearly half of India’s manufacturing output, is going through one of...
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