Auto Sales Archives — Page 6 of 6

June 22, 2020 No Responses

Vikram Pawah To Lead BMW In India, Australia, New Zealand

BMW Group India has appointed Vikram Pawah as the President, effective from 1st August 2020. He will also continue in his present role of CEO of BMW Group Australia and New Zealand.Vikram Pawah has been with luxury car giant since 2017 and he...

June 21, 2020 No Responses

BMW, Mercedes Suspend Automated Driving Alliance

Daimler has put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW.“Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate o...

June 16, 2020 No Responses

Nissan Unveils Agenda For New Rogue SUV

There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States. The small SUV has been redesigned for the 2021 model year, and a replac...

June 9, 2020 No Responses

Covid-19: Ford Re-Evaluates Office Space

Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces.In March, Ford, General Motors Co and Fiat Chrysler Automobiles...

June 8, 2020 No Responses

GAC Delivers First All-Electric Vehicle GE3

Chinese OEM GAC Motor has completed the first overseas delivery of its all-electric vehicle, the GE3 SUV. Yakov Ben Hion, the first international GE3 owner, is a technology enthusiast and environmentalist. A statement quoted the owner as ...

June 6, 2020 No Responses

Jaguar Land Rover Secures $705m Loan

Jaguar Land Rover (JLR) has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million).. JLR’s vice president and China chief financial officer, Arthur Yu, said the Chinese banks that would pro...

June 5, 2020 No Responses

Germany Unveils $130b Stimulus To Kickstart Economy As Car Sales Drop By Half

Germany will plough 130 billion euros ($146 billion) into a stimulus package to kick-start an economy severely hit by the coronavirus pandemic, Chancellor Angela Merkel has said.Under the wide-ranging measures outlined in a 15-page document, value-ad...

May 29, 2020 No Responses

Stallion Group Unveils Stallion Africar Multi-Brand Auto Sales Portal

By Moses Ebosele, ebosele@hotmail.com — Foremost conglomerate, Stallion Group Nigeria has unveiled its end-to-end digital multi brand portal identified as www.stallionafricar.com. The Multi-brand Auto giant believes that a sizable business wi...

May 27, 2020 No Responses

Suzuki Delivers 2.85m Vehicles, Explains $1.99b Profit

For the financial year ended March 31, 2020, Suzuki Motors on Tuesday disclosed that it sold 2.85 million vehicles worldwide, down 14% when compared to the previous year. Meanwhile, earnings beat estimates and the Japanese automaker raised its divi...

May 8, 2020 No Responses

Suzuki Opens New Office, Exports 632 Units

Maruti Suzuki has opened its corporate office at Nelson Mandela Marg in New Delhi, India joining a handful of large businesses that are trying to crank up operations after the government eased some lockdown. The automaker has also discl...

April 23, 2020 No Responses

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...

April 20, 2020 No Responses

Jaguar Land Rover Reports Drop In Sales

Jaguar Land Rover (JLR) has reported a 12.1 per cent decline in retail sales at 5,08,659 units for the financial year 2019-20. The company in a statement explained that total retail sales in the fourth quarter of the previous financial...