Nissan Records 45 Per Cent Drop In Profit

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...
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Honda Confirms Closure Of UK Plant

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....
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Rolls-Royce Celebrates 115 Years Of Innovation, Excellence

Rolls-Royce Celebrates 115 Years Of Innovation, Excellence

On 4 May 1904, Charles Rolls and Henry Royce met for the first time at The Midland Hotel, Manchester; an encounter that would change the course of automotive history. Exactly 115 years later, the marque they agreed to form that...
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Jaguar Moves Land Rover Defender Production To Slovakia

Jaguar Moves Land Rover Defender Production To Slovakia

British carmaker, Jaguar Land Rover (JLR) will move the assembly of its Land Rover Defender to its plant in Slovakia to make room for newer models at its factory in Britain, the company has said.  The Defender 4X4, which is designed an...
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VW, JAC Seal $750.8m Electric Car Deal

VW, JAC Seal $750.8m Electric Car Deal

Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities. A document post...
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Ford Ranger To Attain $1b Profit

Ford Ranger To Attain $1b Profit

Ford Motor Co’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official has said. According to the company, the proposed increase in earnings...
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Toyota Unveils New Highlander

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020  with  more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on ...
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Tata Delivers 1.1m Vehicles In 2018

Tata Delivers 1.1m Vehicles In 2018

For the year 2018, Tata Motors sold 1.049 million units. Tata Motors has become the first Indian automaker to cross the one-million-sales mark, beating Chinese giants Changan and SAIC, to be the world’s 16th largest light vehicles company. Tata Motors s...
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Hyundai Unveils Smartphone-Based Digital Key

Hyundai Unveils Smartphone-Based Digital Key

Hyundai has announced plans to introduce new ‘digital key’ technology on future models, allowing drivers to unlock and start their car via a smartphone.  Selected new cars will start offering the technology during 2019. Users will download the digital...
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Mercedes-Benz Delivers 152,690 vehicles In February

Mercedes-Benz Delivers 152,690 vehicles In February

In the first two months of this year, Mercedes-Benz delivered 333,229 cars worldwide (-6.7%). In February, 152,690 vehicles with the three-pointed star were sold worldwide (-6.7%). The model changes in the highest-volume segments SUVs and compact cars had an i...
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