Auto Industry Archives — Page 3 of 4

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 the merger with...

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...

June 8, 2020 No Responses

GAC Delivers First All-Electric Vehicle GE3

Chinese OEM GAC Motor has completed the first overseas delivery of its all-electric vehicle, the GE3 SUV. Yakov Ben Hion, the first international GE3 owner, is a technology enthusiast and environmentalist. A statement quoted the owner as ...

June 4, 2020 No Responses

Mercedes-Benz Unveils Digital Sales Platform

In keeping with auto industry trends of going digital, Mercedes-Benz has unveiled digital sales platform for customers in the India market. Through ‘Merc from Home’, Mercedes-Benz customers can make a booking, purchase a new car and get it delivered at...

May 29, 2020 No Responses

Stallion Group Unveils Stallion Africar Multi-Brand Auto Sales Portal

By Moses Ebosele, ebosele@hotmail.com — Foremost conglomerate, Stallion Group Nigeria has unveiled its end-to-end digital multi brand portal identified as www.stallionafricar.com. The Multi-brand Auto giant believes that a sizable business wi...

May 29, 2020 No Responses

Kia To Offer Customers Special Insurance Protection

Korean carmaker Kia plans to offer insurance in Europe which protects clients from having to make monthly payments on a new vehicle if they lose their job, a scheme designed to entice reticent customers back into showrooms after the coronavirus shutdown.The.....

May 28, 2020 No Responses

Renault-Nissan-Mitsubishi Presents New Business Model

As part of measures to enhance competitiveness and profitability, members of one of the world’s leading automotive alliances, Groupe Renault, Nissan Motor and Mitsubishi Motor Corporation on Wednesday announced several initiatives.Under the arrangement, memb...

May 27, 2020 No Responses

Daimler Appoints Philipp Schiemer As CEO Of Mercedes-AMG

German automobile giant, Daimler on Tuesday has announced that Philipp Schiemer has been appointed as CEO of AMG, Mercedes-Benz’s high-performance subsidiary. He will move from his current position as the head of Mercedes-Benz do Brasil Ltda. Also, the au...

May 18, 2020 No Responses

Nissan Unveils Kicks e-Power SUV

Nissan has launched the Kicks e-Power SUV in Thailand. The SUV is capable of delivering the power and performance of an electric car.Available in four different variants, the e-Power technology onboard the Nissan Kicks e-Power SUV combines an EM57 electric...