Auto News Archives — Page 43 of 61

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 been...

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...

June 4, 2020 No Responses

Hyundai Projects More Sales Though Digital Platforms

Hyundai Motor has projected more sales in India through digital platforms in the coming months. Keeping this in mind, the country’s second largest passenger vehicle manufacturer, on Wednesday launched an updated version of its vehicle research and selling pl...

June 4, 2020 No Responses

Mercedes-Benz Unveils Digital Sales Platform

In keeping with auto industry trends of going digital, Mercedes-Benz has unveiled digital sales platform for customers in the India market. Through ‘Merc from Home’, Mercedes-Benz customers can make a booking, purchase a new car and get it delivered at...

June 3, 2020 No Responses

France Approves $5.6b Emergency Loan For Renault

The French government said Tuesday that it had signed off on a state-backed loan of five billion euros ($5.6 billion) for carmaker Renault, where the coronavirus crisis has compounded months of management turbulence and prompted the company to lay off nearl...

June 2, 2020 No Responses

Hyundai Delivers 217,510 Units Worldwide In May

The South Korean carmaker, Hyundai Motor Company on Monday reported a 39.3 percent decline in global sales at 217,510 units in the month of May due to slowing economic activities around the world caused by the COVID-19 pandemic.The company had sold...

June 2, 2020 No Responses

Kia Unveils Updated Seltos SUV

Kia Motors on Monday announced the introduction of the updated Seltos Sports Utility Vehicle (SUV) in the India market. According to Kia, the new Seltos boast of 10 new features onboard, which include Emergency Stop Signal (ESS), Smart-Key Rem...