Auto Market Archives — Page 13 of 14

February 12, 2020 No Responses

Valentine: Coscharis Unveils Special Package For Customers

In the spirit of Valentine’s Day, leading auto dealer, Coscharis Motors is set to delight its customers with special gifts of love across its entire line up of iconic automobile brands including BMW, Jaguar Land Rover and Ford. Its scheduled...

February 11, 2020 No Responses

Automakers In A Fix As Chinese Units Fail To Resume Work

A prolonged Chinese lockdown to contain the aftereffects of the respiratory epidemic has disrupted the output plans of global automakers that largely rely on the planet’s biggest automotive market for both supplies and sales. Plants in China are on an...

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&#...

February 8, 2020 No Responses

Pirelli To Double Dealer Network

Italian tyre major, Pirelli has drawn up a plan to double its distribution network to 1,200 by the end of next year in India. The company, known for premium and prestige tyre range, majorly caters to cars and motorcycle segments....

February 7, 2020 No Responses

Suzuki Unveils New Vitara

Suzuki family on Thursday unveiled 2020 Vitara Sports Utility Vehicle (SUV) at the ongoing Auto Expo in India. The SUV comes with the 1.5-litre K-series BS-VI petrol engine. It will be offered in three new dual-tone color options: Red with...

February 6, 2020 No Responses

Hyundai Unveils New Tuscon

Hyundai Motor on Wednesday unveiled New 2020 Tuscon on the first day of Auto Expo 2020. The new 2020 Tuscon comes with 2.0-litre diesel and petrol engines. The Diesel engine is mated to a new 8-speed automatic transmission churning out...

January 31, 2020 No Responses

Prices Of Vehicles May Soar As NADDC Proposes 125% Import Tariff

Nigeria’s automotive sector regulator, National Automotive Design and Development Council (NADDC) has proposed 100 per cent import tariff for Fully Built Units (FBUs) and 125 per cent for used cars. The Federal Government had in November 2013, raised d...

January 28, 2020 No Responses

Suzuki Announces Price Hike

Maruti Suzuki India Limited (MSIL) on Monday announced 4.7 per cent price hike for select models with effect January 27, 2020.According to the company, the rise in prices will be on Swift, Alto, WagonR, S-Presso and Ertiga.The company identified input...

January 26, 2020 No Responses

Ceat Projects More Export To Europe

Anti-dumping duties by Europe and the US on Chinese tyre makers have opened a window of export opportunity for the Indian tyre industry, managing director of Ceat, Anant Goenka has said According to Goenka, the European market holds the biggest...

January 25, 2020 No Responses

New Kia Compact SUV Debuts Next Month

Kia Motors is to unveil new compact Sports Utility Vehicle (SUV) concept next month at Auto Expo 2020. According to the company, this is going to be the third model from the South Korean auto brand in India, with the...

January 23, 2020 No Responses

Stallion Motors-Hyundai Rewards Customer

Stallion Motors – Hyundai and LG recently rewarded Mr. Ebun Sofunde San. In a raffle draw promotion, the happy customer took home an LG Dual cool high end AC Unit. Stallion Group Company, Hyundai Motors registered high sales in 2019...

January 16, 2020 No Responses

Mercedes-Benz Delivers 2,339,562 Cars In 2019

The year 2019 was the ninth consecutive record year for Mercedes-Benz, with growth of 1.3% to a total of 2,339,562units delivered worldwide. At the same time, Mercedes-Benz maintained its leading position among the luxury car brands for the fourth year.....

January 15, 2020 No Responses

Kia Unveils $25b Expansion Agenda

South Korean carmaker, Kia Motors on Tuesday announced plans to invest $25 billion in new electric vehicles and business diversification worldwide in the next six years. Kia is also adding its K5 sedan and Sorento SUV to the existing electric...