Category: News Type

@Tata: Tata Motors Limited today announced its sales in the domestic & international market, for the month of March 2020

1 April, 2020 Efforts to mitigate COVID-19 impact underway; BS IV ecosystem inventory near zero Tata Motors Limited today announced its sales in the domestic & international market, for the month of March 2020, which stood at 12,924 vehicles, compared to 74,679 units during March 2019. Domestic Sales Performance: Category Mar’ 20 Mar’ 19 %… Continue reading @Tata: Tata Motors Limited today announced its sales in the domestic & international market, for the month of March 2020

Maruti Suzuki to begin making ventilators and masks in India

TOKYO — Japanese automaker Suzuki Motor announced on Wednesday that it will start producing ventilators and face masks in India through its subsidiary Maruti Suzuki India. Maruti will collaborate with local manufacturers and aims to jointly produce 10,000 ventilators per month amid a global surge in new coronavirus infections. Suzuki’s decision comes right after the… Continue reading Maruti Suzuki to begin making ventilators and masks in India

Nidec to acquire the Delta production line from Secop Austria

KYOTO, Japan, April 01, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that the Company has signed a definitive agreement with Secop Austria GmbH (“Secop”) on March 31, 2020, by which Nidec will acquire the Delta production line from Secop (“the Transaction”) through the Company’s sub-subsidiary… Continue reading Nidec to acquire the Delta production line from Secop Austria

Grab Hires Peter Oey as Chief Financial Officer

Grab, Southeast’s Asia’s leading super app, announced today that it has strengthened its finance division by hiring corporate finance veteran, Peter Oey, as Chief Financial Officer.  SINGAPORE – April 1, 2020 – Grab Holdings Inc. (“Grab”), Southeast’s Asia’s leading super app, announced today that it has strengthened its finance division by hiring corporate finance veteran, Peter… Continue reading Grab Hires Peter Oey as Chief Financial Officer

@FCA: FCA Announces ‘Drive Forward’ Initiative, Offering Incentives and Support to Consumers

April 1, 2020 , Auburn Hills, Mich. – In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA is launching its “Drive Forward” initiative. Starting today, April 1, Chrysler, Dodge, Jeep®, Ram Truck, FIAT and Alfa Romeo brands will offer 24/7 support and well-qualified buyers can get 0% financing… Continue reading @FCA: FCA Announces ‘Drive Forward’ Initiative, Offering Incentives and Support to Consumers

@FCA: FCA US Reports First-quarter 2020 Sales

April 1, 2020 , Auburn Hills, Mich. – FCA US LLC reported a 10 percent decline in its first-quarter sales as the strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March.   “Our dealers have once again stepped up as pillars of the community as… Continue reading @FCA: FCA US Reports First-quarter 2020 Sales

Kia sales drop 6% in March; Seltos just 1,171 units behind best-seller Sportage

Sportage SUV, with 28,977, was the top-selling Kia model globally in March. A hard-charging Seltos was just 1,171 units behind with 27,806 units. Kia Motors Corporation today announced its global sales results for March 2020, recording sales of a total of 226,960 units – a 6.4 percent year-on-year decrease compared to March 2019. Its Sportage… Continue reading Kia sales drop 6% in March; Seltos just 1,171 units behind best-seller Sportage

KARMA AUTOMOTIVE DEVELOPS E-FLEX PLATFORM SOLUTION TO REVOLUTIONIZE ELECTRIC MOBILITY

VIEW ALL () x Mar 31,2020 Karma E-Flex Platform Offers Fast-to-Market Electric Vehicle Conversions with Ease In Coming Weeks, Additional Configurations Will Emphasize Capabilities/Benefits Open Platform Partnerships Allow Manufacturers to Reduce EV Development Costs Through Use of Karma’s Innovations Irvine, Calif. (March 31, 2020) – Karma Automotive today announced the introduction of the Karma E-Flex… Continue reading KARMA AUTOMOTIVE DEVELOPS E-FLEX PLATFORM SOLUTION TO REVOLUTIONIZE ELECTRIC MOBILITY

@Hyundai: Kia Motors announces March global sales

Kia Motors Corporation today announced its March 2020 global sales results, recording a total of 226,960 units sold, which represents 6.4 percent decrease from March 2019. Globally, the Sportage SUV was at the top of Kia’s sales with 28,977 units sold, followed by the Seltos with 27,806 units and the K3 (Forte) sedan with 21,194… Continue reading @Hyundai: Kia Motors announces March global sales