Kia Motors is all set to launch the Carnival in India on February 5 at the Auto Expo 2020.The upcoming luxury MPV already seems to be a hit with more than 1,400 bookings on the maiden day of the opening of bookings on January 21, 2020.Kia Carnival is available in Premium, Prestige and Limousine variants.
Author: World_Newz Mon
Hidria announces EUR 30 million deal with BMW
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Analysis | Aston Martin’s New Boss Races Away With a Cool $46 Million
Lawrence Stroll has already made a return on his investment in the ailing British sportscar maker. Aston is a lesson in how not to manage an IPO.
Tesla workers reveal 6 surprising things customers should know about their cars
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Nidec bets on e-cars, acquisitions to triple sales
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Chevy rejecting Ford-sponsored pickup truck emoji is 2020’s first truck battle
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Honda decides to put off restart of Wuhan plants
TOKYO (Jiji Press) — Honda Motor Co. said Thursday that it has decided to keep its automobile plants in Wuhan, China, the epicenter of the outbreak of a new coronavirus, closed until Feb. 13.The Japanese automaker earlier planned to keep the facilities offline through next Sunday in line with th…
Aston Martin’s Electric-Car Plans Fall Victim to Stroll Rescue
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BMW delays next generation Mini due to Brexit uncertainty, costs
* BMW extends lifespan of its Mini platform
* Brexit uncertainty hampers ability of BMW to invest in Britain
* Mini is also produced in the Netherlands (Adds detail)
FRANKFURT, Jan 31 (Reuters) – BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain's trade relations with the European Union make long-term investment decisions harder.
The German carmaker has developed three generations of the Mini since buying the marque from Rover Group in 1994, keeping each vehicle in the market for about six years.
The current Mini hatch model, which has been on the market since 2014, is built on the company's technological platform called UKL1.
“The lifespan of this platform has been extended,” BMW spokesman Maximilian Schoeberl told Reuters. “For cost reasons and because of Brexit.”
Pressure has risen on carmakers to free up resources so they can shoulder hefty investments to build next generation low emission electric, hybrid..
Aston Martin Shares Leap 25% As Billionaire Stroll Buys Big Stake
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