Daimler Appoints Philipp Schiemer As CEO Of Mercedes-AMG

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 automaker has appointed Jochen Hermann as Chief...
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Suzuki Delivers 2.85m Vehicles, Explains $1.99b Profit

Suzuki Delivers 2.85m Vehicles, Explains $1.99b Profit

For the financial year ended March 31, 2020, Suzuki Motors on Tuesday disclosed that it sold  2.85 million vehicles worldwide, down 14% when compared to the previous year.  Meanwhile, earnings beat estimates and the Japanese automaker raised its divi...
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Toyota, Nissan, Honda Gear Up For Mexico Reboot

Toyota, Nissan, Honda Gear Up For Mexico Reboot

Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases. Mexican officials in mid...
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Honda Reopens 155 Dealerships, 118 Showrooms, 155 Service Outlets

Honda Reopens 155 Dealerships, 118 Showrooms, 155 Service Outlets

Honda Cars at the weekend confirmed that  it has reopened 155 dealerships across India. According to the foremost automaker, the development  also includes 118 showrooms and 155 service outlets.Honda also said that it has adopted comprehensive SOPs on safety...
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Trump Visits Ford

Trump Visits Ford

President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid tensions with its Democratic governor during the coronavirus pandemic, opting not to wear a protective face mask for...
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Renault May Close French Factories

Renault May Close French Factories

French automobile manufacturer Renault has earmarked three manufacturing and assembling factories for closure. According to French media daily,the move comes as a core of the restructuring plan for the company with the intention to reduce fixed costs by €2 b...
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Mitsubishi Motors Declares 89 Per Cent Drop In Profit

Mitsubishi Motors Declares 89 Per Cent Drop In Profit

Mitsubishi Motors Corporation  will focus on cutting fixed costs by 20% or more in the next two years after reporting an 89% drop in annual profit, its weakest performance in three years, and skipping its year-end dividend.The coronavirus crisis has...
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Hyundai Unveils Smart Mobility Ecosystem

Hyundai Unveils Smart Mobility Ecosystem

 Hyundai Motor on Monday  announced that it is displaying its futuristic smart mobility ecosystem concept’s miniature version at the headquarter.The smart mobility ecosystem of the automaker comprises its Urban Air Mobility (UAM) concept, Purpose Bu...
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Kia Resumes Production

Kia Resumes Production

Kia Motors on Monday announced that it has resumed production at the Anantapur plant in India after a month long shutdown in accordance to the lockdown announced by the Government.  The South Korean automaker explained that it has incorporated stringent.....
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Nissan Unveils Kicks e-Power SUV

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...
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Renault To Discontinue Iconic Models

Renault To Discontinue Iconic Models

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans.  According to Reuters,the company had already embarked on an overhaul of it...
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Toyota Pledges To Protect Workers, Explains $66b Quarterly sales

Toyota Pledges To Protect Workers, Explains $66b Quarterly sales

The President of Toyota Motor Corporation, Akio Toyoda on Tuesday promised to protect jobs and what he called “Toyota people” across the world “with their skills and shared sense of mission“.  Akio Toyoda said the company is facing it...
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Toyota Posts First Increase In sales, Delivers 142,900 vehicles In April

Toyota Posts First Increase In sales, Delivers 142,900 vehicles In April

For the Month of April 2020, Toyota Motor Corporation , on Friday announced that it recorded increase sales in China, the first monthly increase since the novel coronavirus broke out in January.  Within the period, Toyota explained that it ...
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Hyundai Unveils Special Assurance Package For Customers

Hyundai Unveils Special Assurance Package For Customers

Hyundai Motor  has announced ‘Hyundai EMI Assurance‘ package for customers in the India market.  The company explained that the package cover customers under uncertainties such as employment loss in view of poor financial health, acquisit...
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