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Latest Articles in automaker
Hyundai Looks Ahead To New Suvs In 2021 - And Urban Air Taxis By 2028
Hyundai hopes to tap that interest next year with the all-new Santa Cruz, a compact utility vehicle with a pickup bed, and the Ioniq 5 crossover, the first in a series of new all-electric models.
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Suzuki Motor Forecasts Full-Year Operating Profit To Shrink By A Quarter
India accounts for just over half of Suzuki's global car sales. Through its majority stake in Maruti Suzuki India Ltd, the company accounts for roughly one in every two cars sold in the country.
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Audi To Launch New Electric Vehicle Venture With China's FAW
Audi has a long partnership with FAW, which is based in the city of Changchun in the northeast of China, the world's biggest car market.
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Hyundai To Expand Kona EV Recall To North America, Europe Over Battery Fire Risk
Hyundai will recall 37,366 vehicles and 11,137 vehicles in Europe and North America, respectively, according to Yonhap.
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Rolls-Royce Plans $1.9 Billion Share Issue To Bolster Finances
The British aerospace engineer is expected to pursue a rights issue with new shares offered to existing investors at a discount to the market price
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China's Geely To Take Over Debt-Laden Automaker Lifan As Virus Stokes Shake-Up
The automaker had only 450 million yuan out of 12.6 billion yuan worth of credit lines from 25 banks, filings showed.
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Mitsubishi Motors' Full-Year Profit Slumps 89%
Profit came in at 12.8 billion yen ($119.21 million) for the year just ended, down sharply from 111.8 billion yen a year ago.
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BMW Cuts Margin Outlook For Cars Division, Citing Coronavirus Woes
The EBIT margin in the motorcycles segment will now be within a range of between 3% and 5%, rather than 6% and 8%,
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Kia Motors May Make Face Masks At China Factory To Fight Coronavirus
Kia has suspended production at its Georgia plant in the United States, its Slovakia site and operations in India due to the coronavirus pandemic.
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Automakers Halt Production In India Due To Coronavirus
Indian carmaker Tata Motors Ltd said on Friday it was rapidly scaling down activity at its car factory in Maharashtra and was preparing to close it if concerns about coronavirus deepen.
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Nissan Seeks $91 Million In Damages From Ghosn Over Alleged Financial Misconduct
Nissan said it expects the amount claimed in damages to "increase in future" as it seeks to recover fines it expects to have to pay to regulators due to Ghosn's alleged misconduct.
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Maruti Suzuki's Q3 Profit Advances By 5% At Rs 1,565 Crore
This was largely due to cost reduction efforts, lower operating expenses, lower commodity prices and reduction in the corporate tax rate.
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Equity Indices On Upswing Amid Trade Deal Optimism
At 10:15 am, the BSE S&P Sensex was up by 315 points to 40,897 while the Nifty 50 gained 78 points at 12,050.
Read MoreMaruti Trims Prices After Government Cuts Corporate Taxes
The company cut prices on 10 different models by 5,000 rupees ($70) each, representing discounts of just about 1 per cent or less on average car prices.
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Maruti Suzuki Cuts 3,000 Contract Jobs
With India's auto sales declining for the ninth straight month in July, more automotive manufacturers are laying off workers.
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