Auto News Archives — Page 42 of 60

June 25, 2020 No Responses

Nissan Unveils Four-Year Business Agenda For Africa, Middle East

Nissan Group of Africa, Middle East and India (AMI) on Wednesday unveiled a comprehensive four-year strategy for the region.Under the company’s Global Transformation Plan, the AMI strategy is developed around two areas of rationalization, and prioritization and focus.For rationalisation, the company...

June 24, 2020 No Responses

Volkswagen Explores Acquisition Of Car Rental Group

Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet.The acquisition would come as Europcar struggles to cope with the economic fallout ...

June 22, 2020 No Responses

Vikram Pawah To Lead BMW In India, Australia, New Zealand

BMW Group India has appointed Vikram Pawah as the President, effective from 1st August 2020. He will also continue in his present role of CEO of BMW Group Australia and New Zealand.Vikram Pawah has been with luxury car giant since 2017 and he...

June 21, 2020 No Responses

BMW, Mercedes Suspend Automated Driving Alliance

Daimler has put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW.“Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate o...

June 20, 2020 No Responses

New Kia Sorento SUV Arrives In Nigeria

The all-newKia Sorento Sports Utility Vehicle (SUV) has arrived in Nigeria. A specia notice issued by Kia Motors Nigeria on Friday said: “Nigeria’s favourite family SUV has just arrived. The all-new 2020 Kia Sorento will hit the showrooms so...

June 19, 2020 No Responses

New BMW M5 Debuts

BMW has announced the global unveiling of the facelifted versions of the M5 and the M5 Competition.According to BMW, the 2021 BMW M5 and M5 Competition will hit the roads in a much sharper form.The new M5 and M5 Competetion high-performance sedans have b...

June 18, 2020 No Responses

New Honda City Debuts

Ahead of the official launch in July, 2020, Honda on Wednesday revealed the details of its upcoming fifth-generation City sedan. The midsize sedan competes with rivals like Maruti Suzuki CIaz, Hyundai Verna, Volkswagen Vento, Skoda Rapid...

June 17, 2020 No Responses

New Hyundai Creta Gets 30,000 Bookings

South Korean auto firm, Hyundai, on Tuesday disclosed that the new Creta has received not less than 30,000 bookings in the Indian Market . According to the auto firm, 55 percent of the total bookings are diesel powered Hyundai Creta.The new...

June 17, 2020 No Responses

Volkswagen To Pay $267m For Audi Buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday.Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February.“Volkswagen AG announced and specified tha...

June 16, 2020 No Responses

Nissan Unveils Agenda For New Rogue SUV

There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States. The small SUV has been redesigned for the 2021 model year, and a replac...

June 14, 2020 No Responses

At AGM, Toyota Vows To Remain Profitable

The Chief Executive Officer of Toyota Motor Corporation, Akio Toyoda told shareholders at the automaker’s annual meeting that the company will remain profitable during the coronavirus pandemic, using lessons it learned during the global financial ...

June 9, 2020 No Responses

Covid-19: Ford Re-Evaluates Office Space

Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces.In March, Ford, General Motors Co and Fiat Chrysler Automobiles...

June 8, 2020 No Responses

GAC Delivers First All-Electric Vehicle GE3

Chinese OEM GAC Motor has completed the first overseas delivery of its all-electric vehicle, the GE3 SUV. Yakov Ben Hion, the first international GE3 owner, is a technology enthusiast and environmentalist. A statement quoted the owner as ...

June 6, 2020 No Responses

Jaguar Land Rover Secures $705m Loan

Jaguar Land Rover (JLR) has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million).. JLR’s vice president and China chief financial officer, Arthur Yu, said the Chinese banks that would pro...