Auto Report – Page 29 – City Business News

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 Pajero Manufacturing Co Ltd and its factory in Gifu prefecture within...

July 15, 2020 No Responses

Hyundai Launches New Tucson SUV

Hyundai Motor on Tuesday launched its facelifted Tucson Sports Utility Vehicle (SUV) for the Indian market through its new digital platform ‘The Next Dimension’. The South Korean auto firm also introduced the new Creta SUV and Verna sedan to th...

July 15, 2020 No Responses

Toyota, Ford, Others Recall 13 million Vehicles Worldwide

Between January 1st and July 13, 2020 Auto Manufacturers recalled not less than 13,362,759 million vehicles worldwide. Data obtained from foremost research firm, Finbold indicates that the recalls are mainly due to safety concerns. According to the repor...

July 13, 2020 No Responses

Toyota Unveils Corolla Cross SUV

Toyota Motor has launched the new Corolla Cross Sports Utility Vehicle (SUV) in Thailand, which is based on the Japanese automaker’s popular sedan. The automaker is expected to launch the Corolla Cross in other markets in the near future. Corolla Cr...

July 12, 2020 No Responses

Yaris Emerges Europe’s Favorite Toyota, 80,000 Units Sold In Six Months

Toyota Yaris has emerged as the best-selling car in Europe for the world’s largest carmakers in the last six months.Toyota has sold over 80,000 units of Yaris (and hybrid) in Europe in the first six months (H1) of 2020.The carmaker on Saturday...

July 10, 2020 No Responses

Hyundai Venue SUV Gets Intelligent Manual Transmission

Hyundai Motor has announced intelligent Manual Transmission (iMT) for the Hyundai Venue compact Sports Utility Vehicle (SUV). According to the auto firm, this is the first-in-industry dual-Pedal Intelligent M...

July 9, 2020 No Responses

New Mercedes-Benz GLS Debuts In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Regarded as Mercedes-Benz’s largest and most luxurious Sport Utility Vehicle (SUV), the all-new Mercedes-Benz GLS has arrived in Nigeria courtesy Weststar Associates Limited, Authorized General Distribut...

July 8, 2020 No Responses

Nissan Secures $7.8b From Creditors

Nissan Motor has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales due to the coronavirus pandemic, its latest annual securities report shows.In a filing to Japanese...

July 6, 2020 No Responses

Mercedes-Benz Recalls 660,000 Vehicles

Mercedes-Benz will recall more than 660,000 vehicles in China later this year for a possible oil leak.A seal between a high-pressure fuel pump and a low-pressure fuel pipe could weaken over time, allowing oil to leak when the engine starts in...

July 5, 2020 No Responses

GM Delivers 713,600 Units In China

General Motors vehicle sales in China dropped 5.3% between April and June from the corresponding period last year, underperforming the industry average amid a recovery from the coronavirus fallout on the world’s biggest auto market.China’s overal...

July 4, 2020 No Responses

Daimler To Sell French Factory

Daimler will seek to sell its factory in Hambach, France, as part of an overhaul of its production system, the German carmaker said on Friday, prompting France’s finance minister to urge the company to reconsider.The move comes as the auto...

July 3, 2020 No Responses

Kia Delivers 7,275 Units In June

For the month of June, 2020, Kia Motors delivered 7,275 units in the Indian market. The Company sold 7,114 units of Seltos and 161 Carnivals.The South Korean SUV maker had sold 1,661 units in May 2020. Kookhyun Shim, MD & CEO, Kia...

July 2, 2020 No Responses

Turkey Probes Mercedes-Benz, BMW, Others

The Turkish Competition Board said on Wednesday that it launched an investigation into German carmakers Audi, Porsche, Volkswagen, Mercedes-Benz and BMW to determine whether they violated competition law.The competition board said findings regarding cla...

July 2, 2020 No Responses

Hyundai Delivers 21,320 Units In June

For the month of June, 2020, Hyundai Motor on Wednesday reported a decline of 49.2 percent at 21,320 units in Indian market, as against 42,007 units in the same period last year.The company’s exports for June 2020 stood at 5,500...