The leasing options are available for vehicles like Honda CR-V, Honda Civic and Honda City.The lease plan will offer benefits like comprehensive insurance plans, maintenance packages, tax management and curated rentals according to the requirement.Honda Cars India reported a 51.3 per cent decline in monthly domestic sales to 8,291 units in August 2019.
Author: World_Newz Mon
German automotive supplier Continental announces CO2-neutral production by 2040
BERLIN, Sept. 10 (Xinhua) — Continental is planning to be CO2-neutral “in all of its production processes” by 2040, Elmar Degenhardt, chief executive officer (CEO) of the second largest automotive supplier in Germany, announced at the international motor show IAA in Frankfurt on Tuesday.
In addition, Degenhart was optimistic that the automotive industry would be able to achieve CO2-neutrality “across the entire supply chain” by 2050.
The automotive industry would need to be CO2-neutral by 2050 “at the latest”, which would be “feasible if business and politics tackle it together”, noted Degenhart.
At the IAA, one of the largest automotive trade fairs in the world, Degenhart urged the German government to relieve the tax burden on Germany's automotive industry since “lower taxes and costs allow for higher investments and thus more innovations”.
In order to achieve carbon neutrality, Continental is aiming “in a first step” to solely use electricity from renewable energy sources in a..
Ford Cut to Junk as Moody’s Doubts Hackett’s Turnaround Bid
Ford Motor Co. was dealt a blow by Moody’s Investors Service, which cut the carmaker’s credit rating to junk on doubts that a turnaround plan by Chief Executive Officer Jim Hackett will generate earnings and cash quickly enough.
Tesla Permit Application Hints at Another Fremont Assembly Line
Tesla Inc. has applied for a permit from the city home to its lone assembly plant that hints the electric-car maker could be planning another assembly line.
Geely to take stake in flying taxi JV
Zhejiang Geely Holding Group will invest in German flying taxi company Volocopter, and set up a joint venture with the startup to launch air taxis in China, the company said on Monday.Since its foundation in 2011, Volocopter has built three generations of Volocopter aircraft, two of which received licenses for manned and unmanned flight with a total funding of 35 million euros.After the Series C funding round, Geely will become a minority investor in Volocopter, next to existing strategic investors like Daimler AG. More sourcesGeely to take stake in flying taxi JV (China Daily (Europe): Sep 10, 2019 at 12:00 AM)
Vietnam’s Vingroup gives hard sell to own workers
…the Lux 2.0A and 2.0SA, two pricier models based on BMW technology . Vingroup builds its cars and scooters at a factory near Haiphong, a project for which it has earmarked up to $3.5bn. The group began…
New Russian limousine harks back to Soviet era 09.09.2019
Dubbed the Putin limo, the Aurus Senat is a Russian-built limousine in the shape of the famous ZIL sedan that once carried Soviet leaders.The global luxury car market is expected to rise from its initial estimated value of $101 billion in 2018 to $246 billion by 2026, due rising levels of disposable incomes.Sales of premium cars probably have peaked globally, threatening the business model of Germany’s luxury automakers, according to analyst Philippe Houchois, managing director of Jefferies Group.
Nissan ‘Mulls Pulling out of Korea’
Deteriorating Seoul-Tokyo relations have led to sales of Japanese automobiles here declining by half, prompting Nissan to consider pulling out of the Korean market altogether.Toyota, Honda and Nissan all have sales subsidiaries in Korea, but Nissan is suffering the brunt of a boycott of Japanese products.Some businesses are being hit hard, and the pullout would also affect Nissan’s Korean staff and dealers.
Chengdu motor show features abundance of new launches
The ongoing annual Chengdu Motor Show running from Sep 5 to 14 attracts more than 130 automakers from China and overseas to showcase their latest models and products.With a Tce 270 four-cylinder turbocharged engine, the model has a maximum output of 115 kW and a top torque of 270 Nm.The car features Ford’s latest Co-Pilot 360 intelligent driving assistance system to provide an advanced intelligent driving experience.
MG Hector bookings might start again in October
There is a piece of good news for those of you who have been waiting for the MG Hector bookings to reopen.The SUV comes in with two engine options — 1.5-litre turbocharged intercooled petrol and 2.0-litre turbocharged diesel.MG Hector boasts of an impressive design having features like bold front grille with surrounding chrome accent, split LED headlamps, LED DRLs, LED fog lamps, LED tail lamps, LED fog lamps, dual-tone machined alloys, shark fin antenna, floating light turn indicators and heated ORVM.