Toyota flags lower annual operating profit on higher yen

TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions. The Toyota company logo is pictured at the India Auto Show 2018 in Greater Noida, India, February… Continue reading Toyota flags lower annual operating profit on higher yen

New Maruti Swift, Baleno recalled over brake issue

NEW DELHI: Maruti Suzuki India (MSI) has announced a recall service campaign for its new Swift and Baleno models to inspect and fix a possible issue with the brake vacuum hose. Around 52,686 units of the car — which were manufactured between December 1, 2017, and March 16, 2018 — are said to be affected… Continue reading New Maruti Swift, Baleno recalled over brake issue

Startin buys Peugeot and Suzuki dealerships from Hylton

The Startin Group has bought Peugeot and Suzuki dealerships in St Peters Worcestershire from Hylton Group. Startin is rated 167 in the Motor Trader Top 200 dealer groups with annual turnover of £54.1m. The company head office is in Redditch, where it represents Peugeot, Fiat and Kia. It also has Honda in Stourbridge and Worcester… Continue reading Startin buys Peugeot and Suzuki dealerships from Hylton

April 26 Suzuki March 2018 and Fiscal 2017 Automobile Production, Japan Sales, and Export Figures (Preliminary)

  March2018(units) Year-on-Year Year-on-Year Trends Jan.–Mar.2018(units) Year-on-Year Japanproduction 91,359 94.8% Down for the second consecutive month 254,030 93.9% Overseasproduction 224,292 110.9% Up for the 15th consecutive month 643,963 108.9% Globalproduction 315,651 105.7% Up for the 15th consecutive month 897,993 104.2%

April 24 Change in Organisation and Personnel

24 April 2018 Change in Organisation and Personnel Suzuki Motor Corporation will make the following changes in organisation, operational responsibility of Senior Managing Officer, and personnel of general manager as of 1 May 2018. 1. Change in Organisation – Marine & Power Products Operations, Marine & Power Products Marketing Department, and Outboard Motor Engineering Department… Continue reading April 24 Change in Organisation and Personnel

Ford really wants to succeed in India: Here's why

Pankaj Radhe, Special to the Free Press Published 6:00 a.m. ET April 6, 2018 | Updated 9:55 a.m. ET April 6, 2018 From left to right: Jim Farley, Ford executive vice president and president of Global Markets, Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Pawan… Continue reading Ford really wants to succeed in India: Here's why

BMW and Mini launch pay-as-you-go subscription service

BMW and Mini have launched a subscription service that rolls all the costs of car ownership into monthly instalments. Payments, which start from £131 per week (equating to around £568 a month), include the costs of insurance and maintenance, as well as breakdown cover, as one bill. Although BMW is the first major car maker to offer such a service… Continue reading BMW and Mini launch pay-as-you-go subscription service

Yet to turn a profit, Ford won't give up on India

Pankaj Radhe, Special to the Detroit Free Press Published 12:41 p.m. ET April 8, 2018 CLOSE Ford is going to import the EcoSport from India. It will be the brand’s smallest SUV vehicle and DJ Khaled was on hand to unveil the vehicle in advance of the Los Angeles Auto Show. Robert Hanashiro, USA TODAY… Continue reading Yet to turn a profit, Ford won't give up on India

New Ford Freestyle: All you need to know about the Compact UV

NEW DELHI: Ford has finally revealed the details of its upcoming ‘Compact Utility Vehicle (CUV)’ – the Freestyle. Don’t get confused with the term as it is basically a crossover model which the company is just introducing with an interesting, unique title. The Ford Freestyle made its world premiere in India on January 31, 2018,… Continue reading New Ford Freestyle: All you need to know about the Compact UV