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Latest Articles in carmaker

Fiat Chrysler Starts Ventilator Component Output In Italy

Italy, the epicenter of the virus outbreak in Europe, had asked Siare to triple its normal monthly production as a part of government efforts to increase the number of intensive care beds.

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BMW CEO: Working To Safeguard Liquidity During Coronavirus Crisis

No company can possibly get through something like this unscathed. Guaranteeing our liquidity needs to happen very quickly.

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MG Motor Announces Affordable Ventilator Challenge To Fight COVID-19

The MG Developer Programme and Grant launched in September 2019 is a novel initiative undertaken by MG to nurture innovative ideas in the automotive space.

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China May Ease Electric Car Quotas, Delay Emission Rules To Help Automakers

China requires automakers doing business in the country to follow strict rules covering the production of so-called new energy vehicles (NEVs) as part of a quota system.

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Volkswagen To Close Factories In Mexico To Protect Public Health

The company also pointed to slowing demand and the risk of shortages of parts as factors in the decision to suspend production in the factories.

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Tesco Does Not Expect More Than Short-Term Shortages Over Coronavirus

BBC Radio there was plenty of product in the supply chain and shoppers did not need to panic buy.

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Tesco Plans $6.6 Billion Shareholder Return From Thai, Malaysia Sale

Tesco shares were down 1% at 1015 GMT, outperforming the blue chip FTSE 100 index which fell 6.7% on coronavirus fears.

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Family Clan Members Back Volkswagen CEO's Electric Strategy - Bild

Volkswagen is shifting from being a manufacturer of traditional vehicles to making self-driving and connected cars, as well as electric vehicles.

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Renault Shares Fall After Moody's Cuts Company To 'Junk' Status

Renault shares were down 2.3% to 30.2 euros ($32.71) in early trading, its lowest level since mid-2012, making it among the worst performing stocks on Paris' benchmark CAC-40 index.

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Maruti Suzuki To Raise Prices From Next Month

"Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2020."

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Ola In Talks With Microsoft For $200 Million Funding

The discussions are at an advanced stage and likely to be closed in the next 10-15 days, the sources privy to the development said.

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Maruti Suzuki Reports 24 Per Cent Dip In Sales At 1,22,640 Units In September

Domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018, it added.

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India's Biggest Carmaker Maruti Sees Higher Sales In September

August domestic sales at Maruti Suzuki fell 34.3 per cent, one of the biggest monthly drops in sales in recent times.

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Jaguar Land Rover Sells Record 583,313 Cars In 2016

Jaguar Land Rover sold a record 583,312 cars last year as the Indian-owned firm continues its rapid expansion with the aim of building 1 million vehicles a year at the turn of the decade

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