Auto News – Page 63 – City Business News

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Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said.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....

May 4, 2019 No Responses

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...

May 3, 2019 No Responses

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...

April 28, 2019 No Responses

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...

April 20, 2019 No Responses

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...

April 19, 2019 No Responses

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 ...

March 29, 2019 No Responses

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...