Mitsubishi Stops Production Of Pajero SUV, Forecasts $1.33b Loss

Mitsubishi Stops Production Of Pajero SUV, Forecasts $1.33b Loss

Mitsubishi Motors Corporation  on Monday projected an operating loss of 140 billion yen ($1.33 billion) in the year to March as the automaker battles a fall in demand for cars due in part to the coronavirus pandemic.   Under the arrangement, Mitsubishi said it...
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Mitsubishi May Shut Down Pajero Plant

Mitsubishi May Shut Down Pajero Plant

Japan’s Mitsubishi Motors is considering shutting down its Pajero subsidiary and closing a factory in central Japan that produces the sport-utility vehicle of the same name.   According to Reuters, Mitsubishi is considering shutting&n...
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Ceat Unveils Contactless Services For Customers

Ceat Unveils Contactless Services For Customers

Ceat has  announced a slew of new service offerings to ensure safety of its customers and business continuity for its dealer partners.The new services offerings include contactless pick & drop service, appointment-based service and in-shop measur...
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Nissan Announces Senior Management Changes

Nissan Announces Senior Management Changes

 Nissan Motor Corporation announced on Friday senior management appointments in the company, which will be effective from August 1, 2020.According to Nissan, Toshihiro Hirai, currently the Corporate Vice President, Powertrain & EV Engineering Division, ...
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European New Car Sales Down 24.1%

European New Car Sales Down 24.1%

European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of coronavirus lockdown measures across the region, industry data showed on Thursday.In June, new car registrations dropped by 24.1% year-...
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Hyundai Launches New Tucson SUV

Hyundai Launches New Tucson SUV

Hyundai Motor on Tuesday launched its facelifted Tucson Sports Utility Vehicle (SUV) for the Indian market  through its new digital platform ‘The Next Dimension’. The South Korean auto firm also introduced the new Creta SUV and Verna sedan to th...
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Toyota, Ford, Others Recall 13 million Vehicles Worldwide

Toyota, Ford, Others Recall 13 million Vehicles Worldwide

Between January 1st and July 13, 2020 Auto Manufacturers recalled not less than 13,362,759 million vehicles worldwide.  Data obtained from foremost research firm, Finbold indicates that the recalls are mainly due to safety concerns. According to the repor...
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Toyota Unveils Corolla Cross SUV

Toyota Unveils Corolla Cross SUV

Toyota Motor has launched the new Corolla Cross Sports Utility Vehicle (SUV) in Thailand, which is based on the Japanese automaker’s popular sedan. The automaker is expected to launch the Corolla Cross in other markets in the near future. Corolla Cr...
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Yaris Emerges Europe’s Favorite Toyota, 80,000 Units Sold In Six Months

Yaris Emerges Europe’s Favorite Toyota, 80,000 Units Sold In Six Months

Toyota Yaris has emerged as the best-selling car in Europe for the world’s largest carmakers in the last six months.Toyota has sold over 80,000 units of Yaris (and hybrid) in Europe in the first six months (H1) of 2020.The carmaker on Saturday...
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Hyundai Venue SUV Gets Intelligent Manual Transmission

Hyundai Venue SUV Gets Intelligent Manual Transmission

Hyundai Motor has announced intelligent Manual Transmission (iMT) for  the Hyundai Venue compact Sports Utility Vehicle (SUV).  According to the auto firm, this is the first-in-industry dual-Pedal Intelligent M...
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New Mercedes-Benz GLS Debuts In Nigeria

New Mercedes-Benz GLS Debuts In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Regarded as Mercedes-Benz’s largest and most luxurious Sport Utility Vehicle (SUV), the all-new Mercedes-Benz GLS has arrived in Nigeria courtesy Weststar Associates Limited, Authorized General Distribut...
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Nissan Secures $7.8b From Creditors

Nissan Secures $7.8b From Creditors

Nissan Motor has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales due to the coronavirus pandemic, its latest annual securities report shows.In a filing to Japanese...
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GM Delivers 713,600 Units In China

GM Delivers 713,600 Units In China

General Motors  vehicle sales in China dropped 5.3% between April and June from the corresponding period last year, underperforming the industry average amid a recovery from the coronavirus fallout on the world’s biggest auto market.China’s overal...
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Daimler To Sell French Factory

Daimler To Sell French Factory

Daimler will seek to sell its factory in Hambach, France, as part of an overhaul of its production system, the German carmaker said on Friday, prompting France’s finance minister to urge the company to reconsider.The move comes as the auto...
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