Auto Maker Archives — Page 27 of 37

March 17, 2020 No Responses

Hyundai Receives 14,000 Bookings For New Creta SUV

Hyundai Motor has unveiled the new Creta SUV for the India market. The automaker disclosed on Monay that it has received more than 14,000 bookings for the new Creta in less than 15 days. According to Hyundai, 50 percent of the bookings...

March 13, 2020 No Responses

BMW Declares $115.4b In 2019

BMW on Thursday reported a 29-percent drop in profits in 2019, blaming heavy legal costs and high investments in a challenging economic environment. Despite record revenues of 104 billion euros ($115.4 billion), driven by strong sales of its highest-end models...

March 11, 2020 No Responses

Nissan Pulls Out Of Venture Fund With Renault, Mitsubishi

Nissan Motor Company is to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker’s drive to cut costs and conserve cash. Under the arrangement, Nissan will...

March 9, 2020 No Responses

New Volkswagen Tiguan Allspace Debuts

Volkswagen family has announced the launch of its first Sports Utility Vehicle (SUV) of 2020, the Tiguan Allspace in India. Based on the MQB architecture, the Tiguan Allspace seven-seater SUV comes powered by a 2.0-litre TSI petrol engine, clubbed with.....

March 7, 2020 No Responses

Nissan Unveils Agenda For New Qashquai SUV

Nissan on Friday unveiled plans to build its new Qashqai Sports Utility Vehicle (SUV) at its British factory despite warnings over Brexit. The Japanese carmaker has said that if Britain’s departure from the European Union leads to tariffs, its Euro...

March 5, 2020 No Responses

Toyota Recalls 3.2m Vehicles Worldwide

Toyota Motor Corporation on Wednesday recalled 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling. The Japanese automaker first said in January it would recall 696,000 U.S. vehicles with a fuel pump that...

March 4, 2020 No Responses

Toyota Restructures Management Team

Toyota Motor Corporation is to scrap executive vice president (EVP) roles as part of measures to streamline the company’s structure, improve production systems and cut costs. Also on Tuesday, Toyota .named Kenta Kon as its next chief financial offi...

March 2, 2020 No Responses

Auto Manufacturers, Dealers Shift Marketing To Online Platforms

Car Manufacturers and Dealers are to present their new models on the internet especially online news platforms following the cancellation of the Geneva Motor Show because of the coronavirus epidemic. The announcement came after the Swiss government banned all ...

February 27, 2020 No Responses

Peugeot Records 13.2 Per Cent Increase In Profit

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. PSA...

February 25, 2020 No Responses

Jaguar Land Rover Opens New Dealership

Jaguar Land Rover on Monday announced the opening of its new 3S facility in the city of Hyderabad, india through Pride Motors. A statement explained that It also has a JLR approved pre-owned car section and showcases a wide range...

February 20, 2020 No Responses

Jaguar Land Rover Unveils New Discovery Sport

Jaguar Land Rover has Unveiled new Discovery Sport for the India market. The Indian subsidiary of the British marquee also explained that start of delivery for the petrol-powered Discovery Sport will be subsequent to start of diesel and will be...

February 19, 2020 No Responses

New Mercedes-Benz Comil Debuts In Nigeria

Weststar Associates Limited, Authorized General Distributor of Mercedes-Benz in Nigeria in collaboration with Utobras Nigeria Limited, the authorized representative of Comil buses in Nigeria, are proud to unveil the all new Mercedes-Benz ComilCampione Invictus...

February 10, 2020 No Responses

Ford Shakes Up Top Management

Ford Motor Co at the weekend shook up its top management, naming strategy chief Jim Farley as chief operating officer of the No. 2 U.S. automaker and promising skeptical investors the company will kick a slow-moving turnaround into a higher...

February 8, 2020 No Responses

Suzuki Declares Drop In Sales, Profit

Suzuki Motor Corporation on Friday reported 11 per cent fall in third-quarter operating profit to its lowest in roughly three years as vehicles sales in Japan, Pakistan and Thailand slipped, while demand in India, its biggest market, stayed weak. Japan&#...