Auto Business Archives — Page 46 of 46

June 29, 2019 No Responses

Nissan Records Ten Millionth Vehicle At Sunderland Plant

Nissan Sunderland Plant is celebrating another record-breaking milestone as the ten millionth vehicle rolls of the production line. A statement explained that it has taken the plant 33 years to reach the ten million mark – making it the fastest...

June 28, 2019 No Responses

Mercedes-Benz To Assemble Cars In Egypt

Mercedes-Benz has signed a Memorandum of Understanding (MoU) with the Egyptian Government for local assembly of passenger cars in the country. This planned commitment is set to further improve the market position of Mercedes-Benz Cars in Egypt, the company sai...

June 25, 2019 No Responses

Daimler Gives Profit Warning

Daimler cut its 2019 earnings after lifting provisions for issues related to its diesel vehicles by hundreds of millions of euros. Group earnings before interest and tax this year are now expected to be at last year’s level, the carmaker...

June 23, 2019 No Responses

Volkswagen Wins Copyright Battle For Beetle

Volkswagen Group has won the battle of copyright for its iconic car Beetle in Europe. Daughter of car designer Erwin Komenda, who helped in styling the Volkswagen Beetle sought compensation amounting 5 million euros claiming the automaker used the origin...

June 21, 2019 No Responses

All-New Arocs Renews Strength, Innovations

In 2018, Weststar unveiled two new powerhouses in the commercial vehicle segment; the all new Actros and Arocs. The latter has since been touted as the new force in construction, one that promises to take on every challenge in the...

June 20, 2019 No Responses

CEAT Partners Renault On Fuelsmart Tyres

Foremost tyre firm, CEAT has announced its association with Renault for its new car Triber in the sub-4m MPV space. In the past, CEAT partnered with Renault for the launch of its hatchback Kwid. “CEAT’s Fuelsmarrt tyres are specially customised...

June 7, 2019 No Responses

BMW, JLR To Develop Electric Car Components

BMW said it will develop its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars. “Together, we have the opp...

June 6, 2019 No Responses

Michelin Unveils Airless Tyre

French tyre major Michelin along with General Motors have unveiled an airless tyre prototype for passenger vehicles, which could hit the markets as early as 2024. According to the firms, the Uptis Prototype is airless a...

June 6, 2019 No Responses

Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to...