Auto Business Archives — Page 44 of 46

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...

August 6, 2019 No Responses

Kia Delivers 225,902 Units In July

For the month of July, 2019, Kia Motors Corporation’s global sales stood at 225,902 units, a decline of 2.7% when compared to the same month last year. Sales in Kia’s home market, South Korea increased slightly to 47,080 units, reports the...

August 3, 2019 No Responses

Kia Motors Revs Up Service, Training Network

Kia Motors on Friday commenced its widespread service network of 192 centres across 160 cities in India. Kia in a statement explained that through IoT-based Kia Link App, the company aims to offer seamless and new-age car service and vehicle...

August 2, 2019 No Responses

Ceat Tyre Declares 15% Increase In Q1 Profit

Tyre maker, Ceat on Thursday reported 15 per cent increase in its consolidated profit at for the first quarter ended June 30, 2019. Anant Goenka, Managing Director, CEAT Limited said, “The impact of fall in demand from automobile manufacturers has...

July 30, 2019 No Responses

Uganda Unveils New Vehicle Production, Targets 5,000 Units

Uganda is aiming to start assembling new vehicles by June 2022, with an initial production capacity of 5,000 units per year, a top official of the state-owned Kiira Motors Corporation (KMC) told Reuters on Monday. The East African country joins...

July 29, 2019 No Responses

Expert Implores FG On Auto Policy, N2.5t Investments

By Moses Ebosele, ebosele@hotmail.com — Inability to secure presidential assent for Nigeria’s automotive policy is a direct threat to over N2.5trillion private sector investments, an automotive communication consultant, Dr Oscar Odiboh has said. ...

July 29, 2019 No Responses

Kia Motors Nigeria Seeks More Support For Auto Industry

By Moses Ebosele, ebosele@hotmail.com — As stakeholders in Nigeria awaits presidential assent for National Automotive Industry Development Plan (NAIDP), the Managing Director and Chief Executive Officer of Kia Motors Nigeria, Mr Jacky Hathiramani h...

July 27, 2019 No Responses

Michelin Records Eight Per Cent Decline In Net Income

Michelin’s firm pricing and cost-cutting lifted first-half revenue and operating earnings, the French tyre maker has said. However, the explained that profitability suffered from shrinking vehicle production. Net income fell 8% to 844 million euros ($940...

July 27, 2019 No Responses

Kia To Roll Out Seltos SUV July 31

South Korean auto major, Kia Motors is all set to roll out its first made in India mid-SUV, Kia Seltos, from its plant located in Anantapur in Andhra Pradesh on July 31. “Kia Motors will roll out the first car...

July 26, 2019 No Responses

Nissan To Sack 10,000 Workers

Nissan plans to cut more than 10,000 jobs globally, according to Japanese media reports. The move comes as a part of company’s path of turning around its business and indicates tough road ahead with management upheaval. In May, the company...