Auto News – Page 37 – City Business News

March 24, 2021 No Responses

Hyundai Declares Winner Of H-Social Creator 2020

The CSR arm of Hyundai Motor India Ltd has declared Bhagwati Prasad as the winner of the second edition of H-Social Creator for his idea, ‘Accident Alert System for Blind Turns’.Prasad’s idea involves capturing data at blind turns and transmitting it on...

March 21, 2021 No Responses

NADDC, Coscharis Task Automotive Design Training Participants On Employment Opportunities

Investment in automotive design is the panacea for unemployment in Nigeria, the Director-General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, has said. Aliyu said this on Saturday in Owerri, Imo State&nbs...

March 21, 2021 No Responses

Despite Covid-19, Porsche Attains $34.14b Revenue, Delivers 272,000 Vehicles In 2020

For the 2020 financial year, Porsche achieved record revenues of 28.7 billion euros ($34.14 billion), despite the Covid-19pandemic. Porsche’s profit before tax also increased to almost 4.4 billion euros in 2020. In total, it deliver...

March 20, 2021 No Responses

Kia Unveils EV6 Crossover

Kia Motor Corporation has unveiled Battery-Electric Vehicle (BEV), the Kia EV6. EV6, scheduled to make its world premiere later this month.Kia EV6 adopts the Korean automaker’s brand new design philosophy, ‘Opposites United’, which ta...

March 17, 2021 No Responses

Volkswagen Is Worth $238b, Says CEO

Volkswagen, the world’s No.2 carmaker, is worth 200 billion euros ($238 billion), Chief Executive Herbert Diess, confirming a previously stated target on the back of a 38% share price increase so far in 2021.“Analysts, too, arrive at the...

March 14, 2021 No Responses

Tata Motors Shareholders Approve New Entity

Shareholders of Tata Motors have approved separating its passenger vehicles business into an entity. The shareholders voted to consider and approve the transfer of the passenger vehicles business unit to TML Business Analytics Services Ltd ...

March 13, 2021 No Responses

Daimler Recalls 2.6m Mercedes-Benz Cars

German luxury automaker, Daimler will recall 2.6 million Mercedes-Benz vehicles in China due to a software design issue, the country’s market regulator said on Friday.Software may fail to communicate a vehicle’s correct location in the event of ...

March 12, 2021 No Responses

BMW Targets More Profit In 2021

BMW on Thursday explained that net profit fell 23 per cent last year to 3.86 billion euros (USD 4.62 billion) as the pandemic shuttered factories in the first part of the year. The maker of the X5 sport utility and 3-Series sedan said...

March 11, 2021 No Responses

Hyundai Reveals All-New Kona N

Hyundai Motor on Wednesday revealed the first look of all-new Kona N with a powerful stance and high-performance design elements.Kona N will be the latest addition of the Hyundai N brand line-up, and the first N model with an SUV body type which...

March 6, 2021 No Responses

VW Doubles Sales Targets For Electric Vehicles

The flagship VW brand of German automobile giant Volkswagen said Friday it hoped electric vehicles would account for 70 percent of its European sales by 2030, doubling its previous target in the face of ever-stricter legislation.“We are stepping up...