Auto Business Archives — Page 35 of 46

March 17, 2020 No Responses

Hyundai Receives 14,000 Bookings For New Creta SUV

Hyundai Motor has unveiled the new Creta SUV for the India market. The automaker disclosed on Monay that it has received more than 14,000 bookings for the new Creta in less than 15 days. According to Hyundai, 50 percent of the bookings...

March 13, 2020 No Responses

BMW Declares $115.4b In 2019

BMW on Thursday reported a 29-percent drop in profits in 2019, blaming heavy legal costs and high investments in a challenging economic environment. Despite record revenues of 104 billion euros ($115.4 billion), driven by strong sales of its highest-end models...

March 12, 2020 No Responses

Dana Motors Displays Made-In-Nigeria Kia, DFM Models In Abuja

Dana Motors, a leading auto company in Nigeria participated in the recently held media parade organized by the National Automotive Design and Development Council [NADDC] in Abuja. A prelude to the eventful Argungu Motor rally, the all-new 2020 Kia and...

March 9, 2020 No Responses

Jaguar Land Rover Records 85% Drop In Sales

Coronavirus outbreak has thrown a wrench into the works of Jaguar Land Rover’s recovery plan with its sales in China — the largest market for the UK-based luxury carmaker — crashing 85% in February. The drop in China sales was...

March 9, 2020 No Responses

New Volkswagen Tiguan Allspace Debuts

Volkswagen family has announced the launch of its first Sports Utility Vehicle (SUV) of 2020, the Tiguan Allspace in India. Based on the MQB architecture, the Tiguan Allspace seven-seater SUV comes powered by a 2.0-litre TSI petrol engine, clubbed with.....

March 7, 2020 No Responses

Nissan Unveils Agenda For New Qashquai SUV

Nissan on Friday unveiled plans to build its new Qashqai Sports Utility Vehicle (SUV) at its British factory despite warnings over Brexit. The Japanese carmaker has said that if Britain’s departure from the European Union leads to tariffs, its Euro...

March 5, 2020 No Responses

Toyota Recalls 3.2m Vehicles Worldwide

Toyota Motor Corporation on Wednesday recalled 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling. The Japanese automaker first said in January it would recall 696,000 U.S. vehicles with a fuel pump that...

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 offi...

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...

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 ...

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...

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...

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...

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...