Kia Motors unveils the Sonet – an all-new smart urban compact SUV, made in India for the world

“Kia Motors continues to be recognised globally through products which offer exquisite design and world-class quality, along with ‘The Power to Surprise’. Everything about the all-new Sonet is uniquely Kia and is sure to delight both drivers and passengers,” said Ho Sung Song, President and CEO at Kia Motors Corporation. “With its aggressive and modern… Continue reading Kia Motors unveils the Sonet – an all-new smart urban compact SUV, made in India for the world

Karma Grows North American Retail Network With Addition Of Karma DFW

Karma DFW, operated by Principle Luxury Collection, LLC, is the second retailer to be added to Karma’s Texas retail network, with an additional retailer located in Houston. The new dealer will further the brand’s growth plans as it continues to expand across five continents in 2020. The retailer will offer Karma’s new luxury electric Revero… Continue reading Karma Grows North American Retail Network With Addition Of Karma DFW

Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology

“We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners. We will integrate cutting-edge battery systems to create luxury cars with outstanding range, charging speed, safety and sustainability. Working with CATL will see us accelerate our transformation towards carbon-neutrality,” said Markus Schäfer, Member of… Continue reading Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2020 and Forecasts for the Fiscal Year Ending March 31, 2021

TOKYO, Aug. 5, 2020 /PRNewswire/ — During the fiscal first quarter, business stagnated and demand declined significantly on a global basis due to the COVID-19. Production and sales activities of all Honda operations were impacted, as a result, sales and profit for the fiscal first quarter experienced a year-on-year decrease. Concerning the current fiscal year… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2020 and Forecasts for the Fiscal Year Ending March 31, 2021

Veo Unveils First Ever e-Scooters with Turn Signals Available for Purchase

“Veo is constantly solving the most pressing safety issues in our industry through continuous innovation,” said Candice Xie, CEO of Veo.  “The problem of scooter riders not being able to safely gesture in traffic and at night when they are planning to turn has been a big one, and we are thrilled to offer the… Continue reading Veo Unveils First Ever e-Scooters with Turn Signals Available for Purchase

Lear Reports Second Quarter 2020 Results

SOUTHFIELD, Mich., Aug. 4, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2020. Lear’s second quarter financial results were significantly impacted by the COVID-19 pandemic, which resulted in unprecedented extended shutdowns of automotive industry production. Global vehicle production declined by… Continue reading Lear Reports Second Quarter 2020 Results

Subaru Of America, Inc. Reports July Sales

Subaru of America, Inc. today reported 51,458 vehicle sales for July 2020, a 20 percent decrease compared with record July 2019. These results reflect the impact of the COVID-19 global pandemic and the uncertainty surrounding economic recovery. Following eleven consecutive years of sales records, Subaru reported year-to-date sales of 318,572, a 21 percent decrease compared… Continue reading Subaru Of America, Inc. Reports July Sales

Hyundai Motor America Reports July 2020 Sales

FOUNTAIN VALLEY, Calif., Aug. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total July sales of 57,677 units, a 1% increase compared with July 2019. Retail sales grew 4%, the third consecutive month of increasing retail sales. Fleet sales were down 32% and represented 7% of total volume. During the first six months of 2020, Hyundai… Continue reading Hyundai Motor America Reports July 2020 Sales

Triumph Group Announces The Sale Of Its Composites Business To Arlington Capital Partners

BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ — Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell its composites operations to Arlington Capital Partners. Included in the sale are the Triumph Aerospace Structures composites locations in Milledgeville, Georgia and Rayong, Thailand. “With the sale of Triumph’s composites business, Triumph continues to execute on its… Continue reading Triumph Group Announces The Sale Of Its Composites Business To Arlington Capital Partners

BYD bringt seinen Premium Han EV nach Europa

Der Han EV wird den europäischen Verbrauchern eine neue Perspektive für chinesisch gefertigte Automobile bieten. Der Han EV ist das erste in Serie produzierte Modell, das mit der neuen Blade-Batterie von BYD ausgestattet ist, einer bahnbrechenden Technologie, die die Forschungs- und Entwicklungskapazitäten des Unternehmens und sein Ziel widerspiegelt, die Sicherheitsstandards für die gesamte Branche neu… Continue reading BYD bringt seinen Premium Han EV nach Europa