Auto Business Archives — Page 28 of 47

August 9, 2020 No Responses

Jaguar Land Rover Loses Court Battle Over Defender Trademark

Jaguar Land Rover lost a UK court bid to get the trademark rights for the shape of its iconic Defender Sports Utility Vehicle (SUV), freeing billionaire Jim Ratcliffe’s Ineos Group to go ahead with the Grenadier off-road vehicle. A London court...

August 8, 2020 No Responses

Kia Motors Premieres Sonet SUV

Kia Motors Corporation on Friday unveiled its sub-compact Sports Utility Vehicle (SUV) Sonet. Kia Sonet will be offered with 3 engine options of 1.2-litre petrol, 1.0-litre turbo petrol and the 1.5-litre turbo diesel. According to Kia, these engines...

August 7, 2020 No Responses

Toyota Reports 74 Per Cent Drop In Profit

Toyota‘s profit plunged 74 per cent in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corporation reported on Thursday a profit of 158.8 billion...

August 6, 2020 No Responses

New Ford CEO Targets Expansion

Ford Motor Co‘s incoming Chief Executive Jim Farley said he wants to expand the automaker’s operations into related technology fields, including software, fleet management and electric vehicle charging. “These are new growth initiatives tha...

August 5, 2020 No Responses

Ford Motor’s CEO Steps Down

The Chief Executive Officer of Ford Motor Company, Jim Hackett, is stepping down on October 1 after three years at the helm. In a statement on Tuesday, the American multinational automaker said Hackett would be succeeded by Jim Farley, its...

August 4, 2020 No Responses

Volkswagen Unveils Vehicle Assembly Facility In Ghana

Volkswagen is expanding its footprint in Sub-Sahara Africa with the official opening of vehicle assembly facility in Accra, Ghana. A statement issued by Head of Group Communications, Volkswagen Group South Africa, Andile Dlamini, sa...

August 1, 2020 No Responses

Renault Records $8.58b Loss In Six Months

French carmaker Renault posted a record net loss of 7.292 billion euros ($8.58 billion) in the first half of the year, as the COVID-19 pandemic hampered its turnaround efforts while losses at alliance partner Nissan also weighed.Group operating losses, fac...

July 23, 2020 No Responses

Mitsubishi May Shut Down Pajero Plant

Japan’s Mitsubishi Motors is considering shutting down its Pajero subsidiary and closing a factory in central Japan that produces the sport-utility vehicle of the same name. According to Reuters, Mitsubishi is considering shutting&n...

July 22, 2020 No Responses

Ceat Unveils Contactless Services For Customers

Ceat has announced a slew of new service offerings to ensure safety of its customers and business continuity for its dealer partners.The new services offerings include contactless pick & drop service, appointment-based service and in-shop measur...

July 18, 2020 No Responses

Nissan Announces Senior Management Changes

Nissan Motor Corporation announced on Friday senior management appointments in the company, which will be effective from August 1, 2020.According to Nissan, Toshihiro Hirai, currently the Corporate Vice President, Powertrain & EV Engineering Division, ...

July 15, 2020 No Responses

Hyundai Launches New Tucson SUV

Hyundai Motor on Tuesday launched its facelifted Tucson Sports Utility Vehicle (SUV) for the Indian market through its new digital platform ‘The Next Dimension’. The South Korean auto firm also introduced the new Creta SUV and Verna sedan to th...

July 13, 2020 No Responses

Toyota Unveils Corolla Cross SUV

Toyota Motor has launched the new Corolla Cross Sports Utility Vehicle (SUV) in Thailand, which is based on the Japanese automaker’s popular sedan. The automaker is expected to launch the Corolla Cross in other markets in the near future. Corolla Cr...

July 12, 2020 No Responses

Yaris Emerges Europe’s Favorite Toyota, 80,000 Units Sold In Six Months

Toyota Yaris has emerged as the best-selling car in Europe for the world’s largest carmakers in the last six months.Toyota has sold over 80,000 units of Yaris (and hybrid) in Europe in the first six months (H1) of 2020.The carmaker on Saturday...

July 10, 2020 No Responses

Hyundai Venue SUV Gets Intelligent Manual Transmission

Hyundai Motor has announced intelligent Manual Transmission (iMT) for the Hyundai Venue compact Sports Utility Vehicle (SUV). According to the auto firm, this is the first-in-industry dual-Pedal Intelligent M...