Volkswagen Delivers 9.3m Cars In 2020

Volkswagen Delivers 9.3m Cars In 2020

German automaker Volkswagen said its global sales fell 15.2 percent during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles.Global sales for all...
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Hyundai, Apple To Seal Electric Car Partnership This Year

Hyundai, Apple To Seal Electric Car Partnership This Year

 Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States, local newspaper Korea IT News has reported.The report follows a statemen...
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2021:Experts Project 3O % Car Market Growth In India

2021:Experts Project 3O % Car Market Growth In India

Growth in Indian’s passenger vehicle market could outpace all previous records in 2021, forecast analysts, citing a very low base after two years of double-digit decline and sustained pent-up demand.A laggard among the top 10 global passenger vehicle markets...
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German Automotive Industry intensifies Links To Africa

German Automotive Industry intensifies Links To Africa

The German automotive industry sees potential in Africa and strengthens its ties to the continent.   A statement on Monday explained that the German Association of the Automotive Industry (VDA) joined hands with the African Association of Automotive ...
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Hyundai In Early Talks With Apple

Hyundai In Early Talks With Apple

Hyundai Motor Company has commenced discussions with Apple after Korea Economic Daily TV reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai‘s shares surging 24%.“Apple and Hyundai ar...
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Michelin To Sack 2,300 Workers

Michelin To Sack 2,300 Workers

French tyre maker, Michelin, has announced plans to cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would not involve layoffs nor plant closures.The job cuts equate ...
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Auto Manufacturers Laud AfCFTA

Auto Manufacturers Laud AfCFTA

The African Association of Automotive Manufacturers (AAAM) has commended the launch of the Africa Continental Free Trade Agreement (AfCFTA)  In a statement on Thursday, the group said: “The Africa Continental Free Trade Agreement (AfCFTA) which was fina...
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Kia Unveils New Logo, Global Brand Slogan

Kia Unveils New Logo, Global Brand Slogan

Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s transformation and all-new brand purpose.   More details on the new global brand slogan, “Movement that inspires’ would be revealed on Jan...
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UK Car Sales Crash To 30-Year Low

UK Car Sales Crash To 30-Year Low

British new car sales crashed to the lowest level for almost three decades in 2020, with demand ravaged by chronic coronavirus fallout and Brexit uncertainty, industry data showed Wednesday.Sales tanked by 29.4 percent compared with 2019 to 1.63 mill...
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Hyundai Wins Four 2020 GOOD DESIGN Awards

Hyundai Wins Four 2020 GOOD DESIGN Awards

Hyundai Motor Company has received four accolades at this year’s GOOD DESIGN Awards. Hyundai’s two most progressive EV concepts, 45 and Prophecy, together with the all-new 2021 Hyundai Elantra and the Hyundai Hi-Charger, an ultra-fast EV charging infrastru...
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Hyundai Delivers 47,400 Units In December

Hyundai Delivers 47,400 Units In December

Hyundai Motor India Ltd on Friday reported 24.89% increase in its car sales to 47,400 units in December 2020. The company had sold 37,953 units in December 2019.S S Kim, MD & CEO, Hyundai Motor India Limited, said, “Hyundai has emerged...
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Kia Motors’ Union Approves Labour Deal

Kia Motors’ Union Approves Labour Deal

South Korean workers for Kia Motors Corp have agreed to a freeze in base salary for the first time in 11 years under a preliminary deal with the automaker following 16 rounds of negotiations, a union official said on Tuesday.Instead of a...
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Tata Increases Stake In Air Asia India To 85 Per Cent

Tata Increases Stake In Air Asia India To 85 Per Cent

Tata Group has increased its stake in AirAsia India as it looks to increase its stake in India’s airline industry.  On Tuesday the company announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51% to...
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Hyundai Unveils 2nd Innovation Program

Hyundai Unveils 2nd Innovation Program

Hyundai Motor India Foundation (HMIF), the philanthropic arm of the Hyundai Motor India Limited on Monday announced the second edition of ‘H-Social Creator’, a youth contact CSR Program.A statement explained that the platform encourages graduate or post...
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