Auto Report Archives — Page 28 of 32

August 22, 2020 No Responses

Jaguar Land Rover opens New Outlet

Jaguar Land Rover on Friday announced the opening of its new 3S retail facility in Bengaluru, India. The new outlets will sell cars, service and also sell the spare parts.With this new 3S retail outlet, Jaguar Land Rover India’s distribution network is now spread across...

August 20, 2020 No Responses

Kia Motors Opens Pre-Booking For Sonet SUV

Kia Motors on Wednesday announced the commencement of pre-bookings for its sub-compact Sports Utility Vehicle Sonet, beginning August 20, 2020.Kookhyun Shim, Managing Director & Chief Executive Officer, Kia Motors India said, “The Sonet is Kia’s answer...

August 18, 2020 No Responses

Renault Unveils New Duster

Renault on Monday unveiled its new Duster turbo petrol variant for the Indian market. The Renault Duster turbo petrol is available in three manual trim options, RXE, RXS, RXZ, while there are two CVT trims on offer as well, RXS and RXZ.Acco...

August 14, 2020 No Responses

Daimler Agrees To $3b Diesel Settlements

Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat diesel emissions tests.The settlements ...

August 13, 2020 No Responses

Ford Recalls Midsize SUVs

Ford is recalling more than 558,000 midsize SUVs in North America because the brakes may not work properly.The recall covers certain 2015 through 2018 Ford Edge and 2016 through 2018 Lincoln MKX vehicles.Ford said Wednesday that some front brake hoses can ru...

August 12, 2020 No Responses

Hyundai, Firm Name $4b Self-Driving Joint Venture Motional

South Korean automaker Hyundai Motor Co and auto supplier Aptiv PLC have named their self-driving joint venture Motional, the companies said Tuesday.Formed a year ago, the $4-billion venture is developing a fully automated system that it hopes to begin se...

August 7, 2020 No Responses

Toyota Reports 74 Per Cent Drop In Profit

Toyota‘s profit plunged 74 per cent in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corporation reported on Thursday a profit of 158.8 billion...

August 6, 2020 No Responses

New Ford CEO Targets Expansion

Ford Motor Co‘s incoming Chief Executive Jim Farley said he wants to expand the automaker’s operations into related technology fields, including software, fleet management and electric vehicle charging. “These are new growth initiatives tha...

August 5, 2020 No Responses

Ford Motor’s CEO Steps Down

The Chief Executive Officer of Ford Motor Company, Jim Hackett, is stepping down on October 1 after three years at the helm. In a statement on Tuesday, the American multinational automaker said Hackett would be succeeded by Jim Farley, its...

August 4, 2020 No Responses

Volkswagen Unveils Vehicle Assembly Facility In Ghana

Volkswagen is expanding its footprint in Sub-Sahara Africa with the official opening of vehicle assembly facility in Accra, Ghana. A statement issued by Head of Group Communications, Volkswagen Group South Africa, Andile Dlamini, sa...

August 1, 2020 No Responses

Massilia Reveals New Mitsubishi Pajero Sports At First Virtual Car Launch In Nigeria

By Moses Ebosele, ebosele@hotmail.com — New Mitsubishi Pajero Sports officially commenced its sojourn in Nigeria on Friday courtesy Massilia Motors, sole distributor of Mitsubishi Motors in Nigeria. Unveiling the new Sports U...

August 1, 2020 No Responses

Renault Records $8.58b Loss In Six Months

French carmaker Renault posted a record net loss of 7.292 billion euros ($8.58 billion) in the first half of the year, as the COVID-19 pandemic hampered its turnaround efforts while losses at alliance partner Nissan also weighed.Group operating losses, fac...

July 28, 2020 No Responses

Mitsubishi Stops Production Of Pajero SUV, Forecasts $1.33b Loss

Mitsubishi Motors Corporation on Monday projected an operating loss of 140 billion yen ($1.33 billion) in the year to March as the automaker battles a fall in demand for cars due in part to the coronavirus pandemic. Under the a...

July 23, 2020 No Responses

Mitsubishi May Shut Down Pajero Plant

Japan’s Mitsubishi Motors is considering shutting down its Pajero subsidiary and closing a factory in central Japan that produces the sport-utility vehicle of the same name. According to Reuters, Mitsubishi is considering shutting&n...