Auto Business – Page 44 – City Business News

August 19, 2019 No Responses

Toyota Delivers 2,303,495 Units In Three Months

Toyota Motor Corporation (TMC) has seen its global sales increased by 4% in the first quarter (April-June) of 2019 with 2,303,495 units. In its home market Japan, TMC sold a total of 555,291 units in this period, up by 44,952...

August 19, 2019 No Responses

Auto Manufacturers To South Africa: Drop Import Tariff On Electric Vehicles

Nissan Motor Company, BMW AG and Volkswagen AG are among carmakers in talks to bring the electric-car revolution to South Africa. The industry is preparing a unified stance on electrification to present to the government by the end of the...

August 18, 2019 No Responses

Skoda Delivers 102,700 Units In July

Czech automaker Skoda has registered its best July sales last month with 102,700 units worldwide compared to 99,700 units in the same month last year, up by 31 per cent, informs the automaker in a release. High demand for the...

August 17, 2019 No Responses

BMW To Staff: Narrow Sales Gap With Mercedes

BMW’s new chief executive, Oliver Zipse urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time when demand for luxury carsis waning. According to Reuters, Oliver Zipse addressed staff...

August 16, 2019 No Responses

JK Tyre Seeks More Export

JK Tyre is ramping up exports as demand has dried up in the Indian domestic market due to a slowdown in auto sales, which have been on decline in the last nine months. Already, the company has spotted an opportunity...

August 15, 2019 No Responses

BMW Explains 1.3% Increase In July Sales

BMW Group has posted 1.6 per cent Year on Year (YoY) growth in July 2019 with 183,487 units delivered.. BMW brand registered 1.6 per cent YoY growth with 157,062 units delivered last month. The X range of luxury SUVs from...

August 14, 2019 No Responses

Jaguar Land Rover Delivers 37,945 Units In July

For the Month of July 2019, Jaguar Land Rover’s global sales grew by 5 per cent at 37,945 units. According to the company, the sales growth was fueled by the recovery in the Chinese market, where the automaker’s retail sales...

August 14, 2019 No Responses

Bajaj Auto Unveils New Motorcycle

Two-wheeler manufacturer, Bajaj Auto on Tuesday launched a new Pulsar 125 Neon with DTS-i engine The 125cc DTS-i engine churns a power output of 12 PS and a torque of 11nm, the company said in a statement. It comes with...

August 8, 2019 No Responses

Kia Motors Targets Africa, Others With New Seltos SUV

South Korean auto major, Kia Motors is looking to export its made-in-India mid-sized SUV Seltos to various global markets like Africa and South America. The company, which has set up its manufacturing base in Andhra Pradesh with an installed production.....

August 8, 2019 No Responses

Mercedes-Benz Delivers 188,857 Units In July

Mercedes-Benz started the third quarter with a new sales record for the month ofJuly: A total of 188,857 cars with the three-pointed star were delivered (+12.7%). The ongoing model changes in the high-volume compact-car segment had a positive impact on...

August 6, 2019 No Responses

Suzuki Declares 46% Drop In Profit

Suzuki Motor Corporation on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market.Japan’s fourth-largest automaker posted an ope...