Auto Report Archives — Page 23 of 32

January 14, 2021 No Responses

Hyundai, Apple To Seal Electric Car Partnership This Year

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States, local newspaper Korea IT News has reported.The report follows a statement on Friday from Hyundai Motor that...

January 14, 2021 No Responses

2021:Experts Project 3O % Car Market Growth In India

Growth in Indian’s passenger vehicle market could outpace all previous records in 2021, forecast analysts, citing a very low base after two years of double-digit decline and sustained pent-up demand.A laggard among the top 10 global passenger vehicle markets...

January 12, 2021 No Responses

German Automotive Industry intensifies Links To Africa

The German automotive industry sees potential in Africa and strengthens its ties to the continent. A statement on Monday explained that the German Association of the Automotive Industry (VDA) joined hands with the African Association of Automotive ...

January 9, 2021 No Responses

Hyundai In Early Talks With Apple

Hyundai Motor Company has commenced discussions with Apple after Korea Economic Daily TV reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai‘s shares surging 24%.“Apple and Hyundai ar...

January 8, 2021 No Responses

Auto Manufacturers Laud AfCFTA

The African Association of Automotive Manufacturers (AAAM) has commended the launch of the Africa Continental Free Trade Agreement (AfCFTA) In a statement on Thursday, the group said: “The Africa Continental Free Trade Agreement (AfCFTA) which was fina...

January 7, 2021 No Responses

Kia Unveils New Logo, Global Brand Slogan

Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s transformation and all-new brand purpose. More details on the new global brand slogan, “Movement that inspires’ would be revealed on Jan...

January 7, 2021 No Responses

UK Car Sales Crash To 30-Year Low

British new car sales crashed to the lowest level for almost three decades in 2020, with demand ravaged by chronic coronavirus fallout and Brexit uncertainty, industry data showed Wednesday.Sales tanked by 29.4 percent compared with 2019 to 1.63 mill...

January 5, 2021 No Responses

Hyundai Wins Four 2020 GOOD DESIGN Awards

Hyundai Motor Company has received four accolades at this year’s GOOD DESIGN Awards. Hyundai’s two most progressive EV concepts, 45 and Prophecy, together with the all-new 2021 Hyundai Elantra and the Hyundai Hi-Charger, an ultra-fast EV charging infrastru...

January 2, 2021 No Responses

Hyundai Delivers 47,400 Units In December

Hyundai Motor India Ltd on Friday reported 24.89% increase in its car sales to 47,400 units in December 2020. The company had sold 37,953 units in December 2019.S S Kim, MD & CEO, Hyundai Motor India Limited, said, “Hyundai has emerged...

December 30, 2020 No Responses

Volkswagen Unveils Electric Car-Charging Robot

Volkswagen Group has unveiled the first glimpse of the prototypes of its mobile charging robot that can be used for fully autonomous charging of vehicles in restricted parking areas, like underground garages.The charging robot — started via an app or ...

December 30, 2020 No Responses

Kia Motors’ Union Approves Labour Deal

South Korean workers for Kia Motors Corp have agreed to a freeze in base salary for the first time in 11 years under a preliminary deal with the automaker following 16 rounds of negotiations, a union official said on Tuesday.Instead of a...

December 23, 2020 No Responses

Hyundai Acquires GM’s Car Plant

South-Korean automaker Hyundai Motor has completed the acquisition of a General Motors factory in Russia’s St. Petersburg, Hyundai spokeswoman Yulia Tikhonravova told reporters at an online conference on Tuesday.The GM factory with a capacity of up t...

December 16, 2020 No Responses

Hyundai Nominates Genesis Head As New co-CEO

Hyundai Motor on Tuesday nominated Jaehoon Chang, global head of its premium Genesis brand, as the co-CEO and president According to Hyundai, Lee Won-hee, existing president and co-CEO, will focus on securing a competitive edge in future automotive...

December 16, 2020 No Responses

Volkswagen Unveils All-New Tiguan eHybrid

Volkswagen on Tuesday launched the all-new Tiguan eHybrid as a part of its electric mobility offensive. The Tiguan eHybrid is powered by a 1.4-litre TSI engine. In the Hybrid mode, the electric motor supports the engine and acts as an additional...