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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KIA Boosts SANZAF’s Food Relief With Six Vehicles

KIA Boosts SANZAF’s Food Relief With Six Vehicles

KIA Motors South Africa, a subsidiary of Motus Corporation, has boosted the efforts of the South African National Zakah Fund (SANZAF) with the donation of  three KIA K2700 light commercial vehicles and three KIA Picanto STARTs . The donation is to...
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Jaguar Deploys 362 Cars For Emergency Service Workers

Jaguar Deploys 362 Cars For Emergency Service Workers

 Jaguar Land Rover has deployed more than 362 vehicles globally for the emergency service workers as part of measures to curtail coronavirus crisis.The British automaker claims that it has provided the vehicles to agencies like NH...
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Volkswagen To Begin Sales Of New All-Electric Hatchback November 17

Volkswagen To Begin Sales Of New All-Electric Hatchback November 17

Volkswagen is to start selling the launch edition of its ID.3 vehicle next month to customers who placed pre-orders of the all-electric hatchback. According to the auto firm, Customers who made reservations for the launch edition, known as ID.3 1st,...
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Nissan To Focus On US, Japan, China

Nissan To Focus On US, Japan, China

Nissan Motor Co Ltd will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker.  According to Reuters, the “operational performance plan&#...
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Nissan To Restart Output At UK’s Biggest Car Factory In June

Nissan To Restart Output At UK’s Biggest Car Factory In June

Nissan will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak. Output at the site, which made just under 350,000 vehicle...
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Volvo Cars To Cut 1,300 Jobs

Volvo Cars To Cut 1,300 Jobs

Volvo Cars said Wednesday it was cutting up to 1,300 white-collar jobs in Sweden in a restructuring accelerated by the impact of the new coronavirus. The company said the notices were part of an “ongoing realignment of the company’s operations,&#82...
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