Auto Report Archives — Page 16 of 32

July 20, 2021 No Responses

VW To End Production, Sales Of Passat

The management of Volkswagen AG on Monday said it will end U.S. sales and production of the Passat sedan next year, the latest shift by automakers away from cars and toward larger sport utility vehicles.Volkswagen said it will end U.S. assembly of the Passat...

July 20, 2021 No Responses

Suzuki Stakes $13b On Electric Vehicles

Suzuki Motor Corp will enter the electric vehicle (EV) market by 2025 starting in its stronghold market India, Nikkei reported on Monday.The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after governm...

July 19, 2021 No Responses

Paris Auto Show, Equip Auto Unveil 2022 Agenda

The PARIS MOTOR SHOW (MONDIAL DE L’AUTO), and the EQUIP AUTO trade show at the weekend announced the launching of the Paris Automotive Week scheduled for 2022. A statement explained that the two flagship events in the automotive industry will come.....

July 17, 2021 No Responses

Renault Declares 1,422,600 Vehicle Sales In Six Months

The management of Renault on Friday reported 18.7% increase in worldwide vehicle sales in the first half of the year, rebounding from a 21.3% drop in 2020 due to the impact of the COVID-19 pandemic on the global economy.“In an...

July 17, 2021 No Responses

Hyundai Rolls Out280 HP Avante N

Hyundai has unveiled new Avante N Equipped with a 2.0T flat power engine and eight-speed N Wet DCT (Double-clutch) with a maximum power output of 280 HP(ps) and maximum torque of 392 nm .Grin Shift (NGS) can temporarily improve power...

July 16, 2021 No Responses

Toyota Revs Up Digital Mapping Subsidiary

Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving.“Toyota&...

July 15, 2021 No Responses

Kenya Records 6,246 New Vehicle sales In Six Months

Between January and June this year, New car sales in Kenya jumped 35%, buoyed by the lifting of some coronavirus lockdown measures. According to the Kenya Motor Industry Association (KMIA), the industry sold 6,246 new vehicles ...

July 13, 2021 No Responses

Mitsubishi Pays €25m Fine To Settle Emission Fraud Allegations

Japanese automaker Mitsubishi Motors confirmed Monday it paid a 25 million euro fine issued by German prosecutors over emissions fraud allegations earlier this year.German authorities last year raided 10 sites as part of a probe into suspected diesel emissi...

July 10, 2021 No Responses

Volkswagen Declares $13b Half-Year Profit

Volkswagen on Friday disclosed that first-half operating profit is expected to come in at around 11 billion euros ($13 billion), even surpassing pre-pandemic levels on the back of strong demand in Europe and the United States.Reuters report that the good resu...