Auto Business Archives — Page 25 of 47

November 17, 2020 No Responses

Volkswagen Boosts Production Of New Passat, Others With $1.18b

Volkswagen plans to invest 1 billion euros ($1.18 billion) in its Slovak plant, including 500 million euros to produce next-generation Passat and Skoda Superb models, VW Slovakia Chairman Oliver Gruenberg said on Monday.The German carmaker’s investment will be in projects across the model range made...

November 17, 2020 No Responses

Nissan Refutes Agenda To Sell 34% Stake In Mitsubishi Motors

Nissan Motor Company is “absolutely not” in talks to sell its stake Mitsubishi Motors Corp, Nissan’s chief operating officer said on Monday, following a report the carmaker was considering pulling out of its al...

November 13, 2020 No Responses

Lagos Governor Unveils Hyundai Kona, Nigeria’s First Electric Car

Moses Ebosele, ebosele@hotmail.com — Nigeria unveiled its first locally assembled Electric car, Hyundai Kona on Friday at Stallion Group VON Assembly Plant, Lagos State The vehicle was launched by ...

November 11, 2020 No Responses

Hyundai Unveils Agenda For New SUVs, Urban Air Taxis

South Korean automaker Hyundai Motor Company is supercharging its product portfolio next year with the introduction of several new SUVs, while looking even farther out to the launch of its first urban air taxis toward the end of the decade...

November 9, 2020 No Responses

Nissan Plots Digital Course For Car Sales

As COVID-19 threw a wrench into the cogs of car retailing, a senior Nissan board member challenged the chief operating officer to explain what the automaker was doing to adapt to a new era where customers may be reluctant to roam showrooms.The...

November 1, 2020 No Responses

Hyundai Explains New Production Capacity

Hyundai Motor India is looking at “augmentation of its production capacity” in the next two months.The company, which has hit 98% peak capacity of 7,20,000 units a year or 60,000 units a month, will watch the market till December before taking...

October 30, 2020 No Responses

Hyundai Self-Driving Venture Debuts

Hyundai Motor Company’s self-driving joint venture, Motional and public transit technology firm, Via have partnered to launch a shared robotaxi service in the United States next year.The partnership, which plans to laun...

October 27, 2020 No Responses

Hyundai Unveils Design Sketches Of New i20

Hyundai on Monday unveils the first design sketches of its all-new i20.According to the automaker, the new i20 derives its futuristic and dynamic characteristics from ‘Sensuous Sportiness’. It is based on the four fundamental elements of Proportion, A...

October 26, 2020 No Responses

VW To Have Audi Unit Oversee UK Brand Bentley

Volkswagen plans to make British luxury carmaker Bentley a subsidiary of its Audi division as it seeks economies of scale among its top-end brands, German trade publication Automobilwoche reported.Bentley, for now overseen by the head ...

October 22, 2020 No Responses

Hyundai Unveils All-New i20 N

Hyundai Motor on Wednesday launched the all-new i20 N as part of measures to expand the hatchback’s portfolio in Europe. The Hyundai i20 N will join the i30 N and i30 Fastback N in Europe, to give thrills of a racetrack car to...

October 20, 2020 No Responses

Euisun Chung Inaugurated As Chairman Of Hyundai Motor Group

Hyundai Motor Group has announced that Euisun Chung, Executive Vice Chairman, has been inaugurated to the position of Chairman of the Group while Chairman Mong-Koo Chung was inaugurated to the position of Honorary Chairman. A statement ex...

October 19, 2020 No Responses

Suzuki Unveils Service Festive Campaign

Suzuki has announced 2020 ‘Service Festival Campaign’ for customers across India as part of measures to ensure safe and comfortable drive.According to Suzuki, the campaign will be from October 18 to November 20, 2020 with offers on service labour charges,....

October 19, 2020 No Responses

Volkswagen Explains New Trucks deal

Volkswagen‘s trucks business Traton said had agreed to raise its takeover bid for Navistar International Corp to $44.50 per share from $43, closing in on a deal that would extend its reach into North America.A successful me...

October 16, 2020 No Responses

VW Unveils All-New Taos SUV For Global Market

Volkswagen has unveiled the all-new 2022 Taos in the United States market. The German automaker introduced the compact Sports Utility Vehicle (SUV) in a bid to double-up its SUV strategy.The 2022 Taos is set to be smallest SUV of the...