Category: Auto

Toyota Restructures Management Team
March 4, 2020 No Responses

Toyota Restructures Management Team

Toyota Motor Corporation is to scrap executive vice president (EVP) roles as part of measures to streamline the company’s structure, improve production systems and cut costs.  Also on Tuesday, Toyota .named Kenta Kon as its next chief financial officer. Kon,...
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Toyota Explains $1.2b New Plant
March 3, 2020 No Responses

Toyota Explains $1.2b New Plant

Despite onging ravaging effect of Coronavirus, Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group.The joint venture between Toyota and FAW plans to invest around 8.5...
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Hyundai Delivers 275,044 Vehicles In February
March 3, 2020 No Responses

Hyundai Delivers 275,044 Vehicles In February

For the Month of February, 2020, Hyundai Motor on Monday reported sales of 275,044 vehicles, 13% below 315,820 vehicles sold a year earlier,as the coronavirus outbreak hurt demand. South Korea’s Hyundai, which with affiliate Kia Motors is the world&#8217...
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Hyundai Appoints Jeong As Vice President Of Middle East and Africa
March 2, 2020 No Responses

Hyundai Appoints Jeong As Vice President Of Middle East and Africa

Hyundai Motor Company has announced the appointment of Bang Sun Jeong as their new Vice President of the Middle East and Africa region.Based at Dubai’s regional headquarters in the United Arab Emirates, Jeong will oversee the day-to-day operations and will.....
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Hyundai Unveils New Grand i10
March 2, 2020 No Responses

Hyundai Unveils New Grand i10

Hyundai Motor has unveiled new 1.0-litre turbo GDi engine variant of Grand i10 Nios hatchback in the Indian market.  According to Hyundai, the Grand i10 Nios turbo is based on Sportz trim while the new BS-VI compliant 1.0-litre turbo-petrol engine...
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Auto Manufacturers, Dealers Shift Marketing To Online Platforms
March 2, 2020 No Responses

Auto Manufacturers, Dealers Shift Marketing To Online Platforms

Car Manufacturers and Dealers are to present their new models on the internet especially online news platforms following the cancellation of the Geneva Motor Show because of the coronavirus epidemic. The announcement came after the Swiss government banned all ...
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Tata Motors To Wind Up Auto Retail Business
February 29, 2020 No Responses

Tata Motors To Wind Up Auto Retail Business

Tata Motors is winding up its auto retail business Concorde Motors as part of its strategy to move away from non-core businesses.  Set up in the late 90s in partnership with Jardine Matheson’s Jardine Motors, the Concorde retail business over...
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Peugeot Records 13.2 Per Cent Increase In Profit
February 27, 2020 No Responses

Peugeot Records 13.2 Per Cent Increase In Profit

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. PSA...
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Jaguar Land Rover Opens New Dealership
February 25, 2020 No Responses

Jaguar Land Rover Opens New Dealership

Jaguar Land Rover on Monday announced the opening of its new 3S facility in the city of Hyderabad, india through Pride Motors.  A statement explained that It also has a JLR approved pre-owned car section and showcases a wide range...
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Mercedes Steering Wheel To Be Outlawed
February 24, 2020 No Responses

Mercedes Steering Wheel To Be Outlawed

Formula One’s governing body has moved to ban for 2021 an ingenious new Mercedes steering wheel that has been the talk of pre-season testing and could boost Lewis Hamilton’s chances of a record-equalling seventh title.Race director Michael Masi poi...
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Chinese Car Sales Drop 92 Per Cent
February 22, 2020 No Responses

Chinese Car Sales Drop 92 Per Cent

Chinese sales of passenger cars collapsed 92 per cent on an annual basis in the first 16 days of February as the coronavirus outbreak halted business output across the country. According to China Passenger Car Association (CPCA), only 4,909 vehicles...
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Pirelli Unveils New Agenda For Growth
February 21, 2020 No Responses

Pirelli Unveils New Agenda For Growth

Pirelli has disclosed plans to focus on its premium products and cost-cutting measures to drive a gradual increase in core profit margins over the next two years. Announcing its strategic plan along with annual results,  the group said its margin...
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Jaguar Land Rover Unveils New Discovery Sport
February 20, 2020 No Responses

Jaguar Land Rover Unveils New Discovery Sport

Jaguar Land Rover has Unveiled new Discovery Sport for the India market. The Indian subsidiary of the British marquee also explained that start of delivery for the petrol-powered Discovery Sport will be subsequent to start of diesel and will be...
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New Mercedes-Benz Comil Debuts In Nigeria
February 19, 2020 No Responses

New Mercedes-Benz Comil Debuts In Nigeria

Weststar Associates Limited, Authorized General Distributor of Mercedes-Benz in Nigeria in collaboration with Utobras Nigeria Limited, the authorized representative of Comil buses in Nigeria, are proud to unveil the all new Mercedes-Benz ComilCampione Invictus...
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