Automotive Archives — Page 2 of 2

March 24, 2020 No Responses

Suzuki Halts Operations

India’s largest carmaker Maruti Suzuki has shut down all its operations including production in Gurugram and Manesar until further notice. In a statement, the company explained that R&D Centre at Rohtak will also remain closed, adding that production closure comes...

January 15, 2020 No Responses

Kia Unveils $25b Expansion Agenda

South Korean carmaker, Kia Motors on Tuesday announced plans to invest $25 billion in new electric vehicles and business diversification worldwide in the next six years. Kia is also adding its K5 sedan and Sorento SUV to the existing electric...

December 31, 2019 No Responses

2019: A Year Of Downsizing For Auto Markets

If global automotive manufacturing were its own country, it would be the sixth largest economy in the world, a technical job-placement firm, Fircroft, declared in one of its report on the industry. This finding was made in 2017, when...

November 16, 2019 No Responses

Volkswagen Budgets $66b For Future Car Models

Volkswagen is to plough 60 billion euros ($66 billion) by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans. The company explained on Friday that the sum is an increase...

October 28, 2019 No Responses

Renault Seek New Partners As Revenue Drops Further

French carmaker Renault is on the hunt for new partners to buy its cars and components as it reported a fall in quarterly revenue and pushed ahead on a strategic review with “nothing off the table”. According to agency reports,...

October 16, 2019 No Responses

Volkswagen Postpones Final Decision On Turkey Plant

Volkswagen has postponed the final decision whether to build a car plant in Turkey, the company said, amid international criticism of the country’s military operation in Syria and concerns about potential reputational fallout. “We are carefully mon...

September 15, 2019 No Responses

West Africa Automotive Parts Exhibition Holds In Lagos

West Africa Automotive Show (WAAS), a new international trade exhibition, is set to bring the region’s automotive parts industry together under one roof in November. For three days, an estimated 100 exhibitors from Nigeria and other countries will be g...