Fiat Chrysler Begins Merger Talks With Renault

Fiat Chrysler Begins Merger Talks With Renault

Italian carmaker, Fiat Chrysler on Monday confirmed that it has commenced has made a “transformative merger” talk with French peer Renault, in adeal which would create a world leader and help address some of the weaknesses in both Renault and Fiat.Fiat said...
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New Hyundai Venue Gets 17,000 Bookings In 24 Days

New Hyundai Venue Gets 17,000 Bookings In 24 Days

South Korean carmaker Hyundai Motors India Limited (HMIL) have received over 17,000 bookings while  over 80,000 customers have indicated interest to purchase.the new Hyundai Venue The carmaker claims that it has recorded highest ever footfall across many ...
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Land Rover Discovery Sport Gets Fresh Update

Land Rover Discovery Sport Gets Fresh Update

Land Rover has given its Discovery Sport a thorough update for the 2020 model year.  Scheduled to arrive showrooms before the end of this year,  the 2020 Discovery Sport’s virtually all-new under the skin, as the current model’s aging D8....
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Michelin Unveils New Technology Tyres

Michelin Unveils New Technology Tyres

French Tyre maker, Michelin has launched Primacy 4ST tyres  designed primarily for wet conditions.  Developed on  Evergrip Technology, the new tyre comes with more than 50 per cent of additional grooves to evacuate more water (when new...
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Ford Sacks 7,000 Workers

Ford Sacks 7,000 Workers

The management of Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs. Under the arrangement, the company will reduce Ford’s salaried workforce by 10% and will be made through...
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Mitsubishi Motors CEO Steps Down

Mitsubishi Motors CEO Steps Down

Mitsubishi Motors Corporation has said that Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia. Masuko will retain his role as chairman of the board, Mitsu...
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Michelin Acquires Masternaut

Michelin Acquires Masternaut

French tyre maker Michelin has agreed to buy telematics company Masternaut for an undisclosed amount, in a deal Michelin said would increase its presence in the field of customer services. According to Reuters, Masternaut manages over 220,0...
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Yamaha Attains 10 Million Production Milestone

Yamaha Attains 10 Million Production Milestone

Foremost Japanese two-wheeler manufacturer, Yamaha Motor has achieved 10 million production milestone in India.  The company which has three manufacturing facilities at Surajpur (U.P), Faridabad (Haryana) and Chennai (Tamil Nadu) jointly contributed to th...
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Nissan Records 45 Per Cent Drop In Profit

Nissan Records 45 Per Cent Drop In Profit

For last fiscal year, Nissan profit dropped below that of French partner Renault for the first time in a decade. Nissan’s operating profit sank 45% to 318.2 billion yen ($2.91 billion) for the year ended in March, earnings released show...
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Pirelli Projects More Growth In 2019

Pirelli Projects More Growth In 2019

Premium tyre manufacturer, Pirelli has projected a growth rate of between 4% to 6% in 2019.  Pirelli, which makes tyres for Formula One racing teams and premium automakers like BMW and Audi, explained on Wednesday that revenues would g...
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Honda Confirms Closure Of UK Plant

Honda Confirms Closure Of UK Plant

Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker explained  that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle....
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Mercedes-Benz Sales Hit 742,809 Units In Four Months

Mercedes-Benz Sales Hit 742,809 Units In Four Months

For the Month of April 2019, Mercedes-Benz delivered not less than 181,936 cars and a total of 742,809 in the first four months of the year. According to the company, the ongoing sales success of the new A-Class resulted in worldwide growth...
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Coscharis Photo News

Coscharis Photo News

L – R: Ifeanyi Agwu, Managing Director, BKG Exhibitions Ltd; Adetunji Oyebanji, Managing Director 11 Plc; Susan Bisong Taiwo, Deputy Director, National Automotive Design and Development Council, NADDC; Abiona Babarinde, General Manager, Marketing and Corpo...
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Coscharis Motors Unveils New Ford Everest

Coscharis Motors Unveils New Ford Everest

Coscharis Motors, sole distributor of Ford vehicles in Nigeria has unveiled new Everest XLT Range and Everest Limited Sports Utility Vehicle (SUV).  Unveiled at the 2019 Lagos International Motor Fair, the new SUV boast of 2.2-litre Duratorq TDCi engine a...
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