Auto – Page 23 – City Business News

November 27, 2019 No Responses

Ford Recalls 2019 Ranger

Ford Motor Company has recalled select 2019 Ford Ranger vehicles over taillight function.According to Ford, the recall programme affects 72,718 vehicles in the US and 5,546 units in Canada.Ford explained that the affected 2019 Ford Ranger models were bui...

November 27, 2019 No Responses

BMW Sets Aside €7.3b For Battery Cell

BMW Group has announced that it will significantly increase its battery cell orders from Chinese company Contemporary Amperex Technology Co. Ltd (CATL), in order to boost its vehicle electrification program.BMW Group has also informed in a release that the ord...

November 21, 2019 No Responses

All-New Kia Seltos Explains Strength, Innovations

Rugged, refined and right-sized, the all-new Seltos energizes the Entry SUV segment with a personality all its own.As a utility vehicle with an abundance of attitude, the Seltos arrives in the U.S. with modern styling and a penchant for adventure,...

November 21, 2019 No Responses

GM Alleges Corruption, Sues Fiat Chrysler

General Motors Company on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM b...

November 19, 2019 No Responses

Pirelli Develops Tyre With 5G Network

Pirelli has developed a new smart tyre called Cyber Tyre, which communicates with 5G network and transmit data regarding the road surface. The company explained on Monday that the Cyber Tyre detects and transmits real-time information related to less than...

November 17, 2019 No Responses

Ashok Leyland Unveils New Truck

Commercial vehicle major, Ashok Leyland has showcased its wide range of Bharat Stage (BS) VI trucks and buses. After receiving the certificates, confirming compliance to BS-VI emission standard, from Automotive Research Association of lndia (ARAI), Ashok Leyla...

November 14, 2019 No Responses

Yamaha Recalls 13,348 Motorcycles

Japanese two-wheeler manufacturer, Yamaha on Wednesday declared increase of 0.5 per cent in its consolidated net sales, amounting to 1.2billion Yen. Yamaha is also recalling 13,348 units of FZ 25 and Fazer 25 in order to fix a faulty...

November 12, 2019 No Responses

Sales Of All-New Kia K5 Fastback Begins Next Month

Kia Motors on Tuesday published exterior images of the all-new Kia K5 sedan.According to Kia Motors, the new-generation K5 will go on-sale in the brand’s domestic Korean market in December.Released in Korean market’s specification, the latest model off...

November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...

November 7, 2019 No Responses

Renewed Interest In BMW Lifts Q3 Profit By 33 Per Cent

BMW’s new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings.Oliver Zipse, who became CEO in Augu...

November 5, 2019 No Responses

Kia Reveals New Futuron Concept

Kia Motors has revealed its new Futuron Concept, an illuminating all-wheel drive SUV coupe which proposes new designs for future electric vehicles.The Futuron Concept represents the modern and confident image of a progressive electric SUV coupe envisioned by K...

November 4, 2019 No Responses

Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of December. The two automakers explained last week that they planned to join forces in a 50-50 share merger to create the...

November 3, 2019 No Responses

New Fiat Pick Up Debuts At Lagos Trade Fair

Fortified with 2.4lit engine and available in single and double engine, a new Fiat Pick Up has joined ongoing competition in the Nigerian market. A reporter from City BusinessNews (www.citybusinessnews.com) who was at the ongoing lagos Internation Trade ...