SEOUL, May 2 (Yonhap) — Kia Motors Corp. said Wednesday its vehicle sales rose 9.3 percent in April from a year earlier on recovering demand for its vehicles. Kia Motors sold 240,028 vehicles last month, up from 219,580 units a year earlier, the company said in a statement. The monthly sales were buoyed by increased… Continue reading Kia’s April sales rise 9.3 pct as demand recovers
Category: Automotive
(LEAD) Kia steps up its ‘green’ credentials with unveiling of Niro EV in Jeju
(ATTN: CORRECTS date in lead) SEOUL, May 2 (Yonhap) — Kia Motors Corp. on Wednesday unveiled the pure electric version of its Niro crossover at an annual green vehicle exhibition on Jeju Island, a move aimed at bolstering its credentials as a carmaker striving to protect the environment. In the 5th international Electric Vehicle Expo… Continue reading (LEAD) Kia steps up its ‘green’ credentials with unveiling of Niro EV in Jeju
McLaren Automotive North America celebrates 5000th car milestone
McLaren North America retails its 5000th car: 570S Spider in Silica White delivered to California customer North America continues to lead as McLaren Automotive’ s single largest market with over a third of global volume Continued sales growth, announcement of new models and additional retail partners expected in 2018 McLaren Automotive North America is celebrating… Continue reading McLaren Automotive North America celebrates 5000th car milestone
Dealers see profit fall 7% in March to £107,000
The average UK motor retailer saw profit in the March plate-change decline 6.7% to £107,000 compared to £114,700 in March 2017. This brought the overall result for Q1 in 7.5% below the record recorded during the first three months of 2017, according to figures from dealer profitability specialist ASE. ASE said while the decline was… Continue reading Dealers see profit fall 7% in March to £107,000
Mahindra’s Auto Sector sells 48,097 vehicles during April 2018, a growth of 22%
Mahindra’s Auto Sector sells 48,097 vehicles during April 2018, a growth of 22% Mumbai, May 1, 2018: Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the USD 19 billion Mahindra Group, today announced its auto sales performance for April 2018 which stood at 48,097 vehicles, compared to 39,417 vehicles during April 2017, a growth… Continue reading Mahindra’s Auto Sector sells 48,097 vehicles during April 2018, a growth of 22%
Press Releases – First-ever CO2 standards for trucks must reflect market diversity, EU truck industry says
Brussels, 2 May 2018 – Ahead of the publication later this month of the European Commission’s proposal on CO2 emissions standards for heavy-duty vehicles, the European Automobile Manufacturers’ Association (ACEA) calls for an ambitious yet realistic approach. ACEA welcomes the introduction of these first-ever EU CO2 standards for trucks, which are part of a broader… Continue reading Press Releases – First-ever CO2 standards for trucks must reflect market diversity, EU truck industry says
Ford Smart Mobility and Zotye to Form EV Solutions JV for China’s Fast-Growing Ride-Hailing Market
Ford Smart Mobility LLC and Zotye sign a memorandum of understanding (MOU) to establish a joint venture (JV) to provide smart, customized all-electric vehicle solutions to fleet operators and drivers in China’s fast-growing ride-hailing market Working closely with the Zotye-Ford manufacturing JV, which will offer a range of stylish and affordable all-electric vehicles under a… Continue reading Ford Smart Mobility and Zotye to Form EV Solutions JV for China’s Fast-Growing Ride-Hailing Market
Nikola Motor sues Tesla alleging design patent violation
(Reuters) – Nikola Motor Co, which makes hydrogen-powered semi trucks, filed a lawsuit on Tuesday against electric automaker Tesla Inc (TSLA.O) alleging design patent infringements. A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay Tesla’s Semi, its first electric heavy duty truck, is “substantially” similar to Nikola’s… Continue reading Nikola Motor sues Tesla alleging design patent violation
Innovation 30.04.2018 Lydia Directs Logistician An innovative system will ensure a more ergonomic working style for logisticians in Wolfsburg. mehr
Her name is Lydia. You can’t see her – but you can hear her. When Kevin Foerster in Logistics Hall 55 in Wolfsburg puts on his headset, the computer voice, called Lydia, shows him the way. Since the beginning of the year, Logistics has been picking the side cladding for the trunk of the new… Continue reading Innovation 30.04.2018 Lydia Directs Logistician An innovative system will ensure a more ergonomic working style for logisticians in Wolfsburg. mehr
Ford CEO Hackett’s decision to dump cars ‘may prove fatal’
Ford’s new CEO, Jim Hackett, just announced a bold strategic move for America’s most enduring automaker: abandoning the car business. Hackett completely reversed former CEO Alan Mulally’s full-line strategy to focus on trucks and SUVs. A 3 percent jump in Ford’s stock price validated Hackett’s decision, but that adrenaline shot could be short-lived. Jettisoning automobiles… Continue reading Ford CEO Hackett’s decision to dump cars ‘may prove fatal’