Category: Newswire

Hyundai rolls out yet another made-in-India car for export

In March 2008, it exported its 500,000th car, followed by its 1,000,000th car and 2,000,000th car in February 2010 and March 2014 respectively.In the calendar year 2019, Hyundai Motor India Ltd has exported 1,81,200 units with 792 customized variants according to country-specific preferences and demand.With a market share of 26% in the calender year 2019, the total exports of passenger cars from India has made Hyundai a significant contributor to the Indian automobile industry.

Mack Trucks Launches Mack® MD Series Medium-Duty Trucks, Invests $13 Million to Establish New Operation

“Mack Trucks is very proud to make this investment and to now offer a full lineup of Class 6 to Class 8 commercial vehicles, serving virtually every segment of the market,” said Martin Weissburg, Mack Trucks president. “With this investment, Mack is well-positioned for future success, and we’re taking orders for the new truck beginning… Continue reading Mack Trucks Launches Mack® MD Series Medium-Duty Trucks, Invests $13 Million to Establish New Operation

Scoot Launches New “Bird Two” in San Francisco

SAN FRANCISCO, Jan. 30, 2020 /PRNewswire/ — Today Scoot, owned by Bird, launched its new Bird Two, a next-generation e-scooter that will roll out in San Francisco beginning today. Bird Two is projected to be the longest-lasting shared e-scooter on the market, delivers an improved rider experience, and provides added features to benefit cities and riders. San… Continue reading Scoot Launches New “Bird Two” in San Francisco

Meritor Awarded PACCAR Business for Battery-Electric Refuse and Heavy-Duty Vehicles

TROY, Mich., Jan. 30, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has entered into an agreement with PACCAR to be its non-exclusive supplier of electric powertrains for its Kenworth T680 and Peterbilt 579 and 520 battery-electric vehicles. Meritor will be the initial launch partner and primary supplier for the integration of functional… Continue reading Meritor Awarded PACCAR Business for Battery-Electric Refuse and Heavy-Duty Vehicles

Volvo Group – The Fourth Quarter and Full Year 2019

GOTHENBURG, Sweden, Jan. 30, 2020 /PRNewswire/ —  “2019 was another good year for the Volvo Group. We grew net sales by 11% to SEK 432 billion and improved our adjusted operating income to SEK 47.9 billion (40.7), with a margin of 11.1% (10.4). During the year we also continued to increase our financial strength. With… Continue reading Volvo Group – The Fourth Quarter and Full Year 2019