Malaysia Prime Minister Mahathir Mohamad revived his decades-long efforts to create a competitive homegrown car brand by picking a local company to spearhead the project.Dr Mahathir used a similar strategy before.The company has built prototypes of electric vehicles.
Author: World_Newz Mon
Kia Seltos mass production begins at Anantapur manufacturing facility
Kia Motors has started the mass production of Seltos at its manufacturing facility in Anantapur, Andhra Pradesh.Kia Seltos will be available with three BS-VI compliant engine options — 1.4-litre Turbo GDI petrol (140 PS and 242 Nm), 1.5-litre petrol (115 PS and 144 Nm) and 1.5-litre VGT diesel (115 PS and 250 Nm).The dual-tone options will include Intense Red with Aurora Black Pearl, Steel Silver with Aurora Black Pearl, Glacier White Pearl with Aurora Black Pearl, Steel Silver with punchy Orange and Glacier White Pearl with Punchy Orange.
Romanian electric car sharing service eGO becomes available to all bank card holders
EGO, the first car sharing service in Romania with an exclusively electric fleet, is available starting this month for all bank card holders, regardless of the issuing bank.Launched at the end of 2017 in partnership with BCR, eGO is a 100 percent Romanian brand, available in Bucharest.The service costs less than RON 1/minute for BCR customers with George cards and RON 1.3 for all other users.
Magyar Suzuki hits three-decade peak in Esztergom
Magyar Suzuki has closed the strongest month in its 27-year history in Hungary.In July 2019, a total of 3,944 new Suzuki cars were registered, making Magyar Suzuki – with its 25.8% market weight- the only player on the domestic passenger car market with a two-digit share.The third most popular Suzuki model on the Hungarian market, the Swift, saw 338 units registered in July.
Dongfeng Motor Is Said to Weigh Options for Peugeot Stake
Dongfeng Motor Corp. is exploring options for its 2.2 billion euro ($2.5 billion) stake in Peugeot owner PSA Group, including a potential divestment, people with knowledge of the matter said, as the companies grapple with a global slowdown in the auto market.PSA fell 0.3% to 19.91 euros at 2:51 p.m. in Paris trading after earlier declining as much as 3.2%.Still, the global auto market has been slowing and proceeds from a sale would give the Chinese carmaker much-needed funds to weather the worst slump in a generation.
Slovenia part of European e-mobility project
The project is led by the French car maker Renault, while ELES is a coordinator in the part of the project concerning the electricity transmission system.The solutions include smart two-way vehicle charging, dynamic wireless charging lanes in urban centres, dynamic wireless long-distance charging and super fast charging stations for European road corridors.The participants include equipment manufacturers, vehicle charging technology providers, ICT and road infrastructure companies, national grid operators and power distributors, among others.
BYD NEV sales up 73 pct in Jan-July period
SHENZHEN, Aug. 7 (Xinhua) — BYD, China's leading new energy vehicle (NEV) manufacturer, reported annual 73.2-percent growth in NEV sales in the Jan.-July period amid a NEV market boom.
In a filing to the Shenzhen Stock Exchange, the Shenzhen-based carmaker said it sold 162,220 NEVs, compared to 93,677 units in the same period last year.
The strong growth is almost all driven by the pure electric passenger vehicle sector, which saw sales surging 228.9 percent year on year to 105,294 units.
In July alone, the NEV sales, however, fell 11.8 percent to 16,567 units as sales of plug-in hybrid electric vehicles fell 35.2 percent to 6,495 units. Meanwhile, sales of pure electric passenger vehicles rose 16.4 percent to 9,515 units.
Despite strong NEV sales, BYD saw a sharp decline in gasoline-powered vehicles when the country's auto market continued to report a sales slump this year.
The carmaker sold 96,837 gasoline-powered vehicles in the seven months, down 42.4 percent year on yea..
Audi to recall 6,682 cars in Russia due to various problems – regulator
MOSCOW, August 6. /TASS/. OOO Volkswagen Group Rus, a Russian dealer of Audi, will recall in Russia 6,682 A5 model crossovers because of certain potential malfunctions in vehicles, the Federal Agency for Technical Regulation and Metrology (Rosstandart) reported on Tuesday.
In particular, the recalling campaign will cover 6,679 cars sold in 2017-2019. A clamp on a wheel arch cover may broke, leading to weakening of wheel arch liner fastening and liner separation in the worst case.
Three more Q5 crossovers sold in 2019 will be recalled for dashboard replacement.
“The reason to recall vehicles is that a welded joint in the area of passenger’s front safety airbag fastening to the dashboard could have been made with deviation from the specification,” the regulator says.
All repair work will be carried out free of charge for vehicle owners.
Didi, BP team up to build EV infrastructure
Ride-hailing firm Didi Chuxing and UK energy giant BP announced on Thursday that they have agreed to form a new joint venture to build electric vehicle charging infrastructure in China, the world’s largest market for electric vehicles.Under the deal, the new venture plans to develop a network of EV charging hubs across China as part of a broad effort to better tap opportunities of electrification in the automobile sector.The joint venture will develop stand-alone, reliable and high-quality charging hubs to provide EV charging services to Didi’s drivers and the public.
Suzuki posts 46 per cent drop in Q1 profit on slowing India demand
Suzuki Motor Corp on Monday reported a 46.2 per cent fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market.Japan’s fourth-largest automaker posted an operating profit of 62.7 billion yen (S$818.6 million) for the April-June quarter, down from 116.5 billion yen a year earlier and below a mean forecast of 69.09 billion from eight analysts.Slowing profit growth could hamper its ability to invest in and develop lower-emissions vehicles and on-demand transportation services necessary to survive the technological upheaval currently underway in the global auto industry.