VW, JAC Seal $750.8m Electric Car Deal

VW, JAC Seal $750.8m Electric Car Deal

Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities. A document posted online by the...
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Ford Ranger To Attain $1b Profit

Ford Ranger To Attain $1b Profit

Ford Motor Co’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official has said. According to the company, the proposed increase in earnings...
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Toyota Unveils New Highlander

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020  with  more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on ...
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Mercedes-Benz Sales Hit 560,873 Units In Three Months

Mercedes-Benz Sales Hit 560,873 Units In Three Months

Mercedes-Benz closed the first quarter of 2019 with 560,873 passenger cars sold worldwide.  The foremost auto firm explained that for the third year in a row, sales in the first quarter were therefore well over 550,000 units. In March, 227,644...
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Suzuki Unveils New Motorcycle

Suzuki Unveils New Motorcycle

Suzuki Motorcycle has introduced 2019 edition of Intruder in India.Powered with 155cc SEP engine, the new Intruder is equipped with the updated gear shift design and improvised brake pedal for superior ergonomics and overall ride comfort, the company said...
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US Probes Hyundai, Kia

US Probes Hyundai, Kia

United States safety authorities will investigate nearly three million Hyundai and Kia vehicles over fires, in a move which could prompt mass recalls. The inquiry by the National Highway Traffic Safety Administration (NHTSA) follows thousands of complaints abo...
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