Kia Motors Corp. on Tuesday released a teaser of its all-new Sorento sport utility vehicle ahead of the car’s domestic launch next month.
Category: Newswire
Kia Carnival launch on February 5, here are all the details you should know
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.
Mitsubishi Motors Reports January 2020 Sales
Sales of Outlander, Mitsubishi’s adventurous and enduring three-row, seven-passenger CUV, were up nearly 66 percent over January of 2019. Sales of the stylish and sporty Eclipse Cross increased more than 35 percent over the January prior. Mitsubishi Motors reported its seventh-straight year of sales increases in 2019, marking a 2.5 percent increase over the year… Continue reading Mitsubishi Motors Reports January 2020 Sales
Hidria announces EUR 30 million deal with BMW
Car parts maker Hidria announced on Monday that it had developed innovative aluminium steering wheel system casings for next generation hybrid and electric BMW cars, winning a EUR 30 million contract running until 2030.
Mazda Reports January Sales Results
IRVINE, Calif., Feb. 3, 2020 /PRNewswire/ — Mazda North American Operations (MNAO) today reported total January sales of 23,621 vehicles, an increase of 17.8 percent compared to January 2019. With 25 selling days in January, compared to 25 the year prior, the company posted an increase of 17.8 percent on a Daily Selling Rate (DSR) basis.… Continue reading Mazda Reports January Sales Results
Hyundai Motor America Reports January 2020 Sales
FOUNTAIN VALLEY, Calif., Feb. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total January sales of 42,744 units, a 5% increase in comparison with January 2019. The January sales result is the 16th time in the last 18 months that Hyundai has had increasing overall vehicle sales. Additionally, Hyundai achieved this overall sales growth while reducing… Continue reading Hyundai Motor America Reports January 2020 Sales
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.
Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture
STOCKHOLM, Feb. 3, 2020 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has completed the sale of its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its joint venture partner Nissin-Kogyo… Continue reading Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture
Tesla workers reveal 6 surprising things customers should know about their cars
Tesla vehicles have a variety features that may be unfamiliar to customers who are used to driving gas-powered cars.Business Insider asked five current and former Tesla employees what customers should know about their cars that they might not know already.Each is either a current employee or worked for Tesla in 2019.
Nidec bets on e-cars, acquisitions to triple sales
TOKYO (Reuters) — Nidec Corp. plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters.The world’s leading maker of precision motors which supplies …