Auto News Archives — Page 57 of 58

June 28, 2019 No Responses

Mercedes-Benz To Assemble Cars In Egypt

Mercedes-Benz has signed a Memorandum of Understanding (MoU) with the Egyptian Government for local assembly of passenger cars in the country. This planned commitment is set to further improve the market position of Mercedes-Benz Cars in Egypt, the company said...

June 25, 2019 No Responses

Daimler Gives Profit Warning

Daimler cut its 2019 earnings after lifting provisions for issues related to its diesel vehicles by hundreds of millions of euros. Group earnings before interest and tax this year are now expected to be at last year’s level, the carmaker...

June 23, 2019 No Responses

Volkswagen Wins Copyright Battle For Beetle

Volkswagen Group has won the battle of copyright for its iconic car Beetle in Europe. Daughter of car designer Erwin Komenda, who helped in styling the Volkswagen Beetle sought compensation amounting 5 million euros claiming the automaker used the origin...

June 21, 2019 No Responses

All-New Arocs Renews Strength, Innovations

In 2018, Weststar unveiled two new powerhouses in the commercial vehicle segment; the all new Actros and Arocs. The latter has since been touted as the new force in construction, one that promises to take on every challenge in the...

June 20, 2019 No Responses

CEAT Partners Renault On Fuelsmart Tyres

Foremost tyre firm, CEAT has announced its association with Renault for its new car Triber in the sub-4m MPV space. In the past, CEAT partnered with Renault for the launch of its hatchback Kwid. “CEAT’s Fuelsmarrt tyres are specially customised...

June 7, 2019 No Responses

BMW, JLR To Develop Electric Car Components

BMW said it will develop its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars. “Together, we have the opp...

June 6, 2019 No Responses

Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to...

June 3, 2019 No Responses

Board To Vote On Renault Merger With Fiat Chrysler

French automaker Renaultsays its board will meet on Tuesday to vote on a possible merger with Fiat Chrysler. Fiat Chrysler has proposed to merge with Renault to create the world’s third-biggest automaker, worth almost $40 billion, and combine...

May 27, 2019 No Responses

New Hyundai Venue Gets 17,000 Bookings In 24 Days

South Korean carmaker Hyundai Motors India Limited (HMIL) have received over 17,000 bookings while over 80,000 customers have indicated interest to purchase.the new Hyundai Venue The carmaker claims that it has recorded highest ever footfall across many ...

May 23, 2019 No Responses

Land Rover Discovery Sport Gets Fresh Update

Land Rover has given its Discovery Sport a thorough update for the 2020 model year. Scheduled to arrive showrooms before the end of this year, the 2020 Discovery Sport’s virtually all-new under the skin, as the current model’s aging D8....

May 23, 2019 No Responses

Michelin Unveils New Technology Tyres

French Tyre maker, Michelin has launched Primacy 4ST tyres designed primarily for wet conditions. Developed on Evergrip Technology, the new tyre comes with more than 50 per cent of additional grooves to evacuate more water (when new...

May 17, 2019 No Responses

Yamaha Attains 10 Million Production Milestone

Foremost Japanese two-wheeler manufacturer, Yamaha Motor has achieved 10 million production milestone in India. The company which has three manufacturing facilities at Surajpur (U.P), Faridabad (Haryana) and Chennai (Tamil Nadu) jointly contributed to th...

May 17, 2019 No Responses

Nissan Records 45 Per Cent Drop In Profit

For last fiscal year, Nissan profit dropped below that of French partner Renault for the first time in a decade. Nissan’s operating profit sank 45% to 318.2 billion yen ($2.91 billion) for the year ended in March, earnings released show...

May 15, 2019 No Responses

Honda Confirms Closure Of UK Plant

Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker explained that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle....