Category: Automotive

After Corona shock: VW stops plans for new plant in Turkey

VW stops plans for new plant in Turkey The controversial construction of a new plant in Turkey was stopped. (Photo: dpa) Istanbul The VWCorporation stops plans to build a new plant in the Turkey. “The background is the slump in global automotive demand caused by the corona crisis,” the company said in Wolfsburg on Wednesday.… Continue reading After Corona shock: VW stops plans for new plant in Turkey

Kia’s June sales fall 12 pct on weak sales overseas

SEOUL, July 1 (Yonhap) — Kia Motors Corp. said Wednesday its sales fell 12 percent last month from a year earlier as the new coronavirus continued to affect the automobile industry. Kia sold 207,406 vehicles in June, down from 235,847 units a year ago, due to sharply reduced overseas demand amid the spread of the… Continue reading Kia’s June sales fall 12 pct on weak sales overseas

GM Korea’s June sales dip 29 pct amid pandemic

SEOUL, July 1 (Yonhap) — GM Korea Co., the South Korean unit of General Motors Co., said Wednesday its sales plunged 29 percent last month from a year earlier amid the new coronavirus pandemic. GM Korea sold 25,983 vehicles in June, down from 36,451 units the previous year, the company said in a statement. Domestic… Continue reading GM Korea’s June sales dip 29 pct amid pandemic

SsangYong’s June sales rise 0.2 pct on domestic demand

SEOUL, July 1 (Yonhap) — SsangYong Motor Co. said Wednesday its sales inched up 0.2 percent last month from a year earlier as robust domestic sales offset weak exports amid the new coronavirus outbreak. SsangYong Motor sold 10,181 vehicles in June, slightly up from 10,159 units a year ago on increased sales of its sport… Continue reading SsangYong’s June sales rise 0.2 pct on domestic demand

VW decides against building plant in Turkey: Automobilwoche

FILE PHOTO: The logo of German car maker Volkswagen is seen on a car outside a garage in Vienna, Austria, Sept. 29, 2016. REUTERS/Leonhard Foeger/File Photo FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) has decided against building a new factory in Turkey, car industry publication Automobilwoche said on Wednesday, citing sources at the German carmaker. In October… Continue reading VW decides against building plant in Turkey: Automobilwoche

Maruti Suzuki India sells 51,274 units in June, improves on May numbers

Passenger vehicle market leader Maruti Suzuki India has reported improved numbers in June compared to May. It has posted total sales of 51,274 units in the domestic market in June 2020. On a year-on-year basis, the June sales numbers are down 54 percent compared to June 2019 when the car maker clocked sales of 111,014 units. Maruti… Continue reading Maruti Suzuki India sells 51,274 units in June, improves on May numbers

Geely’s Volvo announces its biggest ever recall over seat belt cable

FILE PHOTO: The Volvo logo is seen on a new XC60 model in a showroom near the Volvo Car Corporation Headquarters in Gothenburg May 20, 2010. REUTERS/Bob Strong STOCKHOLM (Reuters) – Volvo Cars said on Wednesday it was recalling nearly 2.2 million cars built between 2006 and 2019 to address a potential issue with cables… Continue reading Geely’s Volvo announces its biggest ever recall over seat belt cable