Nissan To Invest $700m In Mexico

Nissan To Invest $700m In Mexico

The Japanese automaker, Nissan Motors said on Wednesday it would invest more than $700 million in Mexico during the next three years to boost its operations in the country. The investment is set to improve the facilities, equipment and automation procedures...
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Hyundai To Unveil IONIQ 5

Hyundai To Unveil IONIQ 5

Korean automaker Hyundai has confirmed that the brand will be introducing the Ioniq 5 electric vehicle in India in the second half of 2022.    The car will be a part of Hyundai’s Beyond Mobility strategy, which will also bring other...
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Porsche To Open Malaysia Factory, First Outside Europe

Porsche To Open Malaysia Factory, First Outside Europe

German luxury carmaker Porsche will open its first factory outside Europe next year in Malaysia, officials said Friday, seeking to meet strong demand in the Southeast Asian country.The manufacturing site in the northern state of Kedah will carry out ...
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Suzuki Motor Chairman Retires At 91

Suzuki Motor Chairman Retires At 91

Suzuki Motor Corp‘s 91-year old chairman, Osamu Suzuki, announced he will retire in June, stepping aside for a new leader to navigate the shift to electric cars and fight off competition from tech giants such as Tesla and Apple.The company...
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Hyundai Signs Electric Vehicle MoU With Multiple Stakeholders

Hyundai Signs Electric Vehicle MoU With Multiple Stakeholders

The management of Hyundai Motor Company has signed a memorandum of understanding (MoU) to work with the South Korean government along with logistics, battery and mobility companies for electric vehicle (EV) battery leasing, use and reuse business.The carmake...
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Mercedes-Benz Crosses 50m Vehicle Production Landmark

Mercedes-Benz Crosses 50m Vehicle Production Landmark

Mercedes-Benz  family has achieved the milestone of producing fifty million vehicles globally.    The foremost auto firm explained at the weekend  that the fifty millionth car produced is the new Mercedes-Maybach S-...
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Automakers In A Fix As Chinese Units Fail To Resume Work

Automakers In A Fix As Chinese Units Fail To Resume Work

A prolonged Chinese lockdown to contain the aftereffects of the respiratory epidemic has disrupted the output plans of global automakers that largely rely on the planet’s biggest automotive market for both supplies and sales. Plants in China are on an...
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Volkswagen Recalls 679,000 Vehicles

Volkswagen Recalls 679,000 Vehicles

Volkswagen AG said Friday it is recalling 679,000 U.S. vehicles sold since 2011 that could roll away because of an electrical issue. The automaker said drivers could remove the key after stopping without placing the car in park, which increases...
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Yamaha Attains 10 Million Production Milestone

Yamaha Attains 10 Million Production Milestone

Foremost Japanese two-wheeler manufacturer, Yamaha Motor has achieved 10 million production milestone in India.  The company which has three manufacturing facilities at Surajpur (U.P), Faridabad (Haryana) and Chennai (Tamil Nadu) jointly contributed to th...
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Tata Delivers 1.1m Vehicles In 2018

Tata Delivers 1.1m Vehicles In 2018

For the year 2018, Tata Motors sold 1.049 million units. Tata Motors has become the first Indian automaker to cross the one-million-sales mark, beating Chinese giants Changan and SAIC, to be the world’s 16th largest light vehicles company. Tata Motors s...
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Mercedes-Benz Delivers 152,690 vehicles In February

Mercedes-Benz Delivers 152,690 vehicles In February

In the first two months of this year, Mercedes-Benz delivered 333,229 cars worldwide (-6.7%). In February, 152,690 vehicles with the three-pointed star were sold worldwide (-6.7%). The model changes in the highest-volume segments SUVs and compact cars had an i...
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