Renault May Close French Factories

Renault May Close French Factories

French automobile manufacturer Renault has earmarked three manufacturing and assembling factories for closure. According to French media daily,the move comes as a core of the restructuring plan for the company with the intention to reduce fixed costs by €2 billion...
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Mitsubishi Motors Declares 89 Per Cent Drop In Profit

Mitsubishi Motors Declares 89 Per Cent Drop In Profit

Mitsubishi Motors Corporation  will focus on cutting fixed costs by 20% or more in the next two years after reporting an 89% drop in annual profit, its weakest performance in three years, and skipping its year-end dividend.The coronavirus crisis has...
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Kia Resumes Production

Kia Resumes Production

Kia Motors on Monday announced that it has resumed production at the Anantapur plant in India after a month long shutdown in accordance to the lockdown announced by the Government.  The South Korean automaker explained that it has incorporated stringent.....
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Nissan Unveils Kicks e-Power SUV

Nissan Unveils Kicks e-Power SUV

Nissan has launched the Kicks e-Power SUV in Thailand. The SUV is capable of delivering the power and performance of an electric car.Available in four different variants, the  e-Power technology onboard the Nissan Kicks e-Power SUV combines an EM57 electric...
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Renault To Discontinue Iconic Models

Renault To Discontinue Iconic Models

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans.  According to Reuters,the company had already embarked on an overhaul of it...
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JLR Introduces Plug-In Hybrid Technology To Range Rover Evoque, Discovery Sport

JLR Introduces Plug-In Hybrid Technology To Range Rover Evoque, Discovery Sport

Jaguar Land Rover has introduced new plug-in hybrid technology to Range Rover Evoque and Land Rover Discovery Sport. The company explained on Wednesday that the latest plug-in hybrid system can switch to an electric-only mode for shorter rides. Also, this...
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