Auto Industry Archives — Page 2 of 3

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 the digital platform.As...

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 4, 2020 No Responses

Daimler To Sell French Factory

Daimler will seek to sell its factory in Hambach, France, as part of an overhaul of its production system, the German carmaker said on Friday, prompting France’s finance minister to urge the company to reconsider.The move comes as the auto...

July 2, 2020 No Responses

Hyundai Delivers 21,320 Units In June

For the month of June, 2020, Hyundai Motor on Wednesday reported a decline of 49.2 percent at 21,320 units in Indian market, as against 42,007 units in the same period last year.The company’s exports for June 2020 stood at 5,500...

June 30, 2020 No Responses

Nissan To Unveil Seven New Models In Africa, Open Plants In Ghana, Kenya

Nissan Motor Company on Monday disclosed fresh agenda to launch seven new models in Africa over the next two years. Within the period, Nissan plans to make Africa a hub for light commercial vehicles (LCV) and increase production of its popular...

June 29, 2020 No Responses

Skoda Unveils New Octavia Variant

Czech auto major, Skoda has unveiled the Octavia G-Tec, which is designed to run on Compressed Natural Gas (CNG). Scheduled to be launched across European markets later this year, the new Octavia G-Tec comes as an environmentally friendly ...

June 27, 2020 No Responses

Hyundai Unveils New Elantra Sedan

Hyundai Motor has announced the launch of updated Elantra sedan with new BS-VI diesel engine for the Indian market. According to Hyundai, the new 1.5-litre U2 CRDi BS-VI diesel engine is available in SX and SX(O) variants, adding that the...

June 26, 2020 No Responses

Peugeot CEO: Merger With Fiat Chrysler On Track

Peugeot maker, PSA’s boss, Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros ($4.2 billion).“The timetable of ...

June 22, 2020 No Responses

Vikram Pawah To Lead BMW In India, Australia, New Zealand

BMW Group India has appointed Vikram Pawah as the President, effective from 1st August 2020. He will also continue in his present role of CEO of BMW Group Australia and New Zealand.Vikram Pawah has been with luxury car giant since 2017 and he...

June 21, 2020 No Responses

BMW, Mercedes Suspend Automated Driving Alliance

Daimler has put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW.“Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate o...

June 18, 2020 No Responses

New Honda City Debuts

Ahead of the official launch in July, 2020, Honda on Wednesday revealed the details of its upcoming fifth-generation City sedan. The midsize sedan competes with rivals like Maruti Suzuki CIaz, Hyundai Verna, Volkswagen Vento, Skoda Rapid...

June 17, 2020 No Responses

Volkswagen To Pay $267m For Audi Buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday.Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February.“Volkswagen AG announced and specified tha...

June 16, 2020 No Responses

Nissan Unveils Agenda For New Rogue SUV

There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States. The small SUV has been redesigned for the 2021 model year, and a replac...

June 9, 2020 No Responses

Covid-19: Ford Re-Evaluates Office Space

Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces.In March, Ford, General Motors Co and Fiat Chrysler Automobiles...