Auto Maker Archives — City Business News

August 15, 2023 No Responses

Hyundai Delivers 277,465 Units In July

Hyundai Motor Company has announced global sales of 277,465 units in July 2023, a 1.2 percent increase year-over-year. Despite continued uncertainties in the business environment, the company is maintaining sales momentum due to the gradual recovery from the global parts...

July 2, 2023 No Responses

Hyundai, Kia Revamp Research & Development

Hyundai Motor Company and Kia Corporation have announced they are reorganizing their joint research and development (R&D) organization to flexibly respond to the rapidly changing global automotive industry, advance the transition to electrification and acc...

May 19, 2023 No Responses

China Overtakes Japan As World’s Top Car Exporter

Between January and March 2023, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles. Japan used to be the world’s leading vehicle exporter, exporting 1.047 m...

May 5, 2023 No Responses

Hyundai Reports 336,212 Global Sales In April

Hyundai Motor Company has announced April 2023 global sales of 336,212 units, a 8.5 percent increase year-over-year. City Business News reports that despite the continued uncertainties in the business environment, the company maintained its robust sales moment...

April 15, 2023 No Responses

Ford Unveils Hands-Free Driving Technology

Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK. BBC report that Ministers have approved the “hands-off, eyes-on” technology for use on certain...

April 12, 2023 No Responses

Kia, Firm Seal Partnership On Reality Of Food Waste

Kia Corporation has partnered Dubai-based start-up, The Waste Lab, and launched a three-stage GCC based campaign whilst transforming food waste into healthy compost. A statement sent to City Business News explained that the partnership, commenced at the start ...

March 16, 2023 No Responses

Kia Reveals Electric Flagship SUV

Kia Corporation on Wednesday revealed full images of the exterior and interior design of the Kia EV9, its first three-row electric flagship Sports Utility Vehicle (SUV), which encapsulates bold styling and sophisticated elegance inside and out. The Kia EV9 rep...

March 10, 2023 No Responses

Kia Niro, EV6 GT Make Top Three Finalists In World Car Awards

Two Kia models have been selected as a top three finalist in two categories for the 2023 World Car Awards. A statement sent to City Business News explained that the Kia Niro has earned a position among the top three...

March 1, 2023 No Responses

GAC MOTOR UNVEILS New Brand Technology

GAC MOTOR has officially released its new brand technology-themed KV and TVC. City Business News report that the release of the new brand theme of technology is dedicated to conveying the brand’s core value and building up the brand image...

February 27, 2023 No Responses

Geely Launches New Premium Product Series

Geely Auto Group has launched a new high-end electrified product series, Geely Yinhe at a flagship event in Hangzhou. Information obtained by City Business News explained that the first car from the Geely Yinhe range, the Yinhe L7 long-range PHEV...

February 27, 2023 No Responses

Hyundai Begins EV Production In US

Hyundai Motor has commenced production of an electric vehicle (EV) in the US in response to the US Inflation Reduction Act (IRA), which allows no subsidies for imported EVs. Already, the South Korean carmaker has assembled the Genesis GV70 SUV...

February 15, 2023 No Responses

Hyundai Records 306,296 Sales In January

Hyundai Motor Company has announced its January 2023 global sales of 306,296 units, a 8.4 percent increase over last year. City Business News report that despite the continued uncertainties in the business environment, Hyundai global sales have grown ste...

February 13, 2023 No Responses

Hyundai Donates $2m To Earthquake Victims In Turkey, Syria

Hyundai Motor Group has pledged $2millon for the relief efforts in Turkey and Syria. Under Hyundai Motor Group, Hyundai Motor Company, Kia, and Hyundai Mobis are all contributing to the donations, which will be made through the Korean Re...

January 25, 2023 No Responses

Mikano Motors Rewards Staff

The Management of Mikano Motors has commended staff of the company for their outstanding contributions to the growth of the company in 2022. Speaking at an award ceremony held at the company’s vehicle Assembly plant along Lagos-Ibadan Expressway,...