Auto Maker Archives — Page 16 of 37

January 27, 2021 No Responses

Hyundai Declares $1.18b Profit In 2020 Q4

Hyundai Motor reported on Tuesday a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars.The company explained that it recorded a net profit of 1.3 trillion won ($1.18 billion)...

January 22, 2021 No Responses

Hero MotoCorp Crosses 100m Production Mark

By Moses Ebosele, ebosele@hotmail.com — Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, on Thursday surpassed the significant milestone of 100 Million (10 Crores) units in cumulative production. &nbsp...

January 20, 2021 No Responses

Ford To Recall Three Million Vehicles

US regulators on Tuesday ordered Ford to recall three million vehicles containing Takata airbags that show signs of “potential future rupture risk.”The National Highway Traffic Safety Administration (NHTSA) rejected an appeal fr...

January 16, 2021 No Responses

Honda City Records 21,826 Sales In 2020

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units.Staying true to its legacy of being the Japanese automaker’s longest running nameplate in India, the all-new fifth generation Cit...

January 12, 2021 No Responses

German Automotive Industry intensifies Links To Africa

The German automotive industry sees potential in Africa and strengthens its ties to the continent. A statement on Monday explained that the German Association of the Automotive Industry (VDA) joined hands with the African Association of Automotive ...

January 7, 2021 No Responses

Kia Unveils New Logo, Global Brand Slogan

Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s transformation and all-new brand purpose. More details on the new global brand slogan, “Movement that inspires’ would be revealed on Jan...

January 5, 2021 No Responses

Hyundai Wins Four 2020 GOOD DESIGN Awards

Hyundai Motor Company has received four accolades at this year’s GOOD DESIGN Awards. Hyundai’s two most progressive EV concepts, 45 and Prophecy, together with the all-new 2021 Hyundai Elantra and the Hyundai Hi-Charger, an ultra-fast EV charging infrastru...

January 2, 2021 No Responses

Hyundai Delivers 47,400 Units In December

Hyundai Motor India Ltd on Friday reported 24.89% increase in its car sales to 47,400 units in December 2020. The company had sold 37,953 units in December 2019.S S Kim, MD & CEO, Hyundai Motor India Limited, said, “Hyundai has emerged...

December 31, 2020 No Responses

Passenger Car Sales Drop By $440b In 2020

The COVID-19 pandemic hit the automotive industry hard, causing supply chain disruptions, factory closures, and huge sales and revenue drops. According to data presented by StockApps.com, global passenger car sales is expected to plunge by $440bn in...

December 30, 2020 No Responses

Volkswagen Unveils Electric Car-Charging Robot

Volkswagen Group has unveiled the first glimpse of the prototypes of its mobile charging robot that can be used for fully autonomous charging of vehicles in restricted parking areas, like underground garages.The charging robot — started via an app or ...

December 29, 2020 No Responses

Hyundai Unveils 2nd Innovation Program

Hyundai Motor India Foundation (HMIF), the philanthropic arm of the Hyundai Motor India Limited on Monday announced the second edition of ‘H-Social Creator’, a youth contact CSR Program.A statement explained that the platform encourages graduate or post...

December 22, 2020 No Responses

Volkswagen Expands Dealership Network

European carmaker Volkswagen on Monday announced the expansion of its digitally integrated pre-owned car dealership network in India with the launch of two more such facilities, one each in Ahmedabad and Bengaluru. The car maker also reiterated its plans t...

December 20, 2020 No Responses

Coscharis Motors Rolls Out Nigerian-Assembled Renault Duster, Logan

Moses Ebosele, ebosele@hotmail.com — Coscharis Motors Plc, a subsidiary of Coscharis Group has officially reintroduced the Renault auto models into the Nigeria market with complementary after-sales facilities in Lagos, Abuja, Port Harcourt and Uyo.&n...

December 16, 2020 No Responses

Hyundai Nominates Genesis Head As New co-CEO

Hyundai Motor on Tuesday nominated Jaehoon Chang, global head of its premium Genesis brand, as the co-CEO and president According to Hyundai, Lee Won-hee, existing president and co-CEO, will focus on securing a competitive edge in future automotive...