The Australian Federal Chamber of Automotive Industries’ VFACTS report showed 88,551 new vehicles were sold in January, up a healthy 4.3 per cent on the same month of last year.
Category: News Type
Hyundai aims to sell 10,000 hydroelectric vehicles by 2022
PYEONGCHANG, South Korea, Feb. 5 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Monday it aims to have sold 10,000 hydrogen-powered NEXOs in global markets by 2022. The hydrogen fuel-cell electric vehicle will go on s
February 5 Suzuki Announces the Financial Results for FY2017 Third Quarter (April 2017 to December 2017)
Canada wants to promote Autonomous Driving
The Canadian government is planning more promotion for autonomous driving within the NAFTA rules. The North American Free Trade Agreement (NAFTA) deals with the United States, Mexico and Canada. The latter calls for support for autonomous driving under the NAFTA agreement. The previous rules of the Agreement provide that for the duty-free importation of goods… Continue reading Canada wants to promote Autonomous Driving
Dongfeng Motor Co., Ltd. announces new midterm plan
January 2018 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : January 2018 Sales Results 1. Sales Results: *Monthly sales Category (units) January 2018 December 2017 MoM % Change January 2017 YoY % Change Sales Unit Domestic 51,426 53,361 -3.6 45,100 14.0 Overseas 282,791 355,161 -20.4 293,848… Continue reading January 2018 Sales Results
Hyundai Motor’s self-driving cars succeed in trial run from Seoul to PyeongChang
SEOUL, Feb. 4 (Yonhap) — Hyundai Motor Co., South Korea’s No. 1 carmaker, said Sunday its autonomous vehicles have succeeded in a test drive from Seoul to PyeongChang, an alpine town that is hosting the upcoming Winter Olympics. Hyundai has been
U.S. seeks ‘substantial’ fines in Fiat Chrysler emissions case -source
WASHINGTON (Reuters) – The U.S. Justice Department is seeking “substantial” civil fines from Fiat Chrysler Automobiles NV after the government filed suit accusing the company of illegally using software that led to excess emissions in 104,000 U.S. diesel vehicles sold since 2014, a person briefed on the matter said on Friday.
Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million
Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million – Funds are primary infusion into the company to fund growth over the next 18 months– Existing investors participating in this round– Over the last five years, monthly revenue growth for the company at 3.5% with annual growth rate of over 50%–… Continue reading Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million
Sidewalk Labs spinoff Coord aims to connect navigation apps, public transit and ride-sharing services
A loading zone in Seattle’s Pioneer Square neighborhood. (Flickr Photo / SDOT) Over the past year, analysts from a Sidewalk Labs spinout called Coord have been playing a game of “would you rather?” with Seattle drivers. Would you rather shoot for rockstar parking downtown, knowing you may have to circle the block a few times, or… Continue reading Sidewalk Labs spinoff Coord aims to connect navigation apps, public transit and ride-sharing services