Auto News – Page 44 – City Business News

October 19, 2020 No Responses

Volkswagen Explains New Trucks deal

Volkswagen‘s trucks business Traton said had agreed to raise its takeover bid for Navistar International Corp to $44.50 per share from $43, closing in on a deal that would extend its reach into North America.A successful merger would combine the MAN, Scania and Volkswagen trucks brands with...

October 16, 2020 No Responses

Pirelli Reboots Research, Development

When the coronavirus pandemic forced Italian tyremaker Pirelli to temporarily shut its factories in March, R&D chief Pierangelo Misani needed a rapid rethink.With a new range of products due to be launched by early next year at the latest, Misani...

October 15, 2020 No Responses

Hyundai Begins Building Electric Vehicle Hub In Singapore

South Korea’s Hyundai Motor Co has commenced construction on a research and development centre in Singapore that will house a small-scale electric vehicle production facility.Speaking at the groundbreaking ceremony, Singapore Prime Minister Lee...

October 13, 2020 No Responses

Nissan To Unveil New SUV October 21

Nissan has announced plans to virtually unveil the production model of its much-awaited B-SUV, Nissan Magnite, to the global audience on October 21, 2020. Tested at the Japanese car maker’s world class facility at Tochigi Prov...

October 11, 2020 No Responses

Jaguar Land Rover Introduces Noise Cancellation Technology

Jaguar Land Rover has introduced new noise cancellation technology that removes unwanted road and tyre sounds from the cabin to provide a quieter and more refined experience for drivers and passengers.A statement issued by the company explained that the tec...

October 10, 2020 No Responses

Hyundai Delivers 12,325 Creta In September

For the Month of September 2020, Hyundai Creta Sports Utility Vehicle (SUV) recorded 12,325 sales in India. The company announced on Friday that the 2020 Creta SUV also crossed the 1,15,000 units booking milestone since its...

October 9, 2020 No Responses

Skoda DigiLab Partners Microsoft On Blockchain Solutions

Skoda Auto DigiLab has partnered with innovation management firm Lumos Labs and Microsoft to identify blockchain solutions in manufacturing. A statement issued on Thursday explained that Skoda’s DigiLab, whic...

October 9, 2020 No Responses

Mercedes-Benz Delivers 1,792,744 Cars, Vans In Nine Months

For the first nine months of 2020, Mercedes-Benz sold not less than 1,792,744 cars and commercial vans across the world. According to the company,the recovery of worldwide retail passenger car sales by Mercedes-Benz continued in the third quarter despite...

October 8, 2020 No Responses

Volkswagen Targets 90% Electric Car Sales

Electric cars will likely make up 90% of Volkswagen AG‘s sales in Norway next year and could completely replace diesel and petrol engines in the Nordic country by 2023, the German auto maker’s local importer said on Wednesday.With a ...

October 5, 2020 No Responses

Honda Delivers 10,199 Cars In September

Japanese carmaker Honda Cars India Ltd (HCIL) registered monthly domestic sales of 10,199 units in September, against 9,301 units in corresponding month last year, amounting to 9.7% growth .Commenting on the sales performance, Rajesh Goel, Sr. Vice President...

October 5, 2020 No Responses

Suzuki Records 152,608 Sales In September

For the Month of September, Suzuki attained 152,608 sales in the Indian market. According to Maruti Suzuki India Limited (MSIL), domestic sales increased 32.2% at 152,608 units in September 2020 as against 115,452 units in the same period...

October 5, 2020 No Responses

Kia Reports Highest Ever Retail Sales In September

Kia Motors recorded the highest-ever retail sales in India last month with recently launched Sonet dominating the compact Sports Utility Vehicle (SUV) segment. The company’s retail sales last month stood at 18,676 units, over two-f...

October 1, 2020 No Responses

VW To Unveil New Strategic Steps

Volkswagen needs to change to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday.“Volkswagen needs to c...

September 29, 2020 No Responses

Volkswagen, Chinese Ventures To Invest $17 billion In Electric Vehicles

Volkswagen AG said on Monday it and three local joint ventures plan to invest around 15 billion euros ($17.44 billion) in electric mobility in China, the world’s biggest car market, between 2020 and 2024.With the investment by Volkswagen and its three.....