Tag: Suzuki

Suzuki Motor says chairman to retire, become senior adviser

By Reuters Staff 1 Min Read FILE PHOTO: Suzuki Motor Chairman and CEO Osamu Suzuki leaves after attending the India-Japan Annual Summit, in Gandhinagar, India, September 14, 2017. REUTERS/Amit Dave/File Photo TOKYO (Reuters) – Suzuki Motor Corp said on Wednesday that its 91-year old chairman, Osamu Suzuki, is retiring in June. “The corporate management direction… Continue reading Suzuki Motor says chairman to retire, become senior adviser

Earthquake reveals fractures in Japan’s auto supply chains

TOKYO — On Friday morning, less than a week after a 7.3-magnitude quake rocked northeastern Japan, a stream of cars from across the nation began flooding into a Hitachi suspension factory in Fukushima Prefecture that had been damaged in the upheaval. The procession represented a who’s who of Japan’s auto industry, from a car emblazoned with a Suzuki Motor logo… Continue reading Earthquake reveals fractures in Japan’s auto supply chains

Droom digital platform sees growing usage from used car and two-wheeler buyers

New Delhi-headquartered online marketplace Droom recently released its annual automobile industry trend report, which reported a 300 percent increase in digital adoption by consumers. The report highlighted that the Covid-19 pandemic accelerated this digital adoption and the shift was more pronounced among used cars and 2-wheelers as opposed to new ones. The company’s annual automobile… Continue reading Droom digital platform sees growing usage from used car and two-wheeler buyers

Toyota halts half of Japan production lines after powerful quake

TOKYO — Toyota Motor will halt production at 14 Japanese assembly lines for up to four days through Saturday, after a weekend earthquake in northeastern Japan disrupted operations at the automaker’s suppliers. The suspension begins as early as Wednesday and affects half of Toyota’s 28 lines at nine factories nationwide, including subsidiaries such as Hino… Continue reading Toyota halts half of Japan production lines after powerful quake

Volvo Cars to promote Jyoti Malhotra as MD for India operations

During his previous stints, Malhotra has worked with Fiat India, Maruti Suzuki, and most recently with Mahindra & Mahindra (M&M) as vice president sales. New Delhi: Swedish luxury car maker Volvo Cars is to promote Jyoti Malhotra as managing director of its Indian operations from his current role as director, sales, marketing and PR. Malhotra… Continue reading Volvo Cars to promote Jyoti Malhotra as MD for India operations

Suzuki to offer hybrid-powered models for all ‘kei’ minicars

TOKYO — Suzuki Motor will aim to equip all of its minivehicles with simple hybrid systems in a few years, Nikkei has learned, as the automobile industry weathers a storm of change amid intensifying competition. The Japanese automaker also plans to develop fuel-efficient high-performance hybrid vehicles and electric vehicles. Japan’s signature miniature vehicles, known as… Continue reading Suzuki to offer hybrid-powered models for all ‘kei’ minicars

Future Jeep compact SUV could use Citroen platform, powertrains

Top: With the Renegade difficult to bring in, Jeep will base its upcoming compact SUV on the PSA CMP platform (above).. Fiat Chrysler Automobiles (FCA) and PSA Group officially merged last month to create Stellantis, the fourth largest automotive group in the world with 14 car brands (including Abarth, Alfa Romeo, Citroën, DS, Fiat, Jeep, Peugeot and Opel/Vauxhall), under its umbrella. Three of… Continue reading Future Jeep compact SUV could use Citroen platform, powertrains

Cruiser Motorbikes to Stimulate Revenue Pools, Technological Innovations at the Core of Key Manufacturers: Fact.MR

NEW YORK, Feb. 9, 2021 /PRNewswire/ — Fact.MR’s recently published report on the global motorcycle market forecasts an optimistic outlook for 2021 compared to 2020. Despite a pandemic-induced recession, the market has rebounded well since the fourth quarter, and is likely to remain stable throughout the current year. Projections for the forthcoming decade are pegged at… Continue reading Cruiser Motorbikes to Stimulate Revenue Pools, Technological Innovations at the Core of Key Manufacturers: Fact.MR

Indian automakers make profits surpassing pre-COVID levels

MUMBAI — Indian auto companies witnessed a sharp recovery in earnings in the last quarter of 2020, as the festival season boosted sales despite an economic slowdown and rising cases of COVID-19. The top three auto manufacturers — Maruti Suzuki India, Tata Motors and Mahindra & Mahindra — all posted profits for the first time since the pandemic hit in… Continue reading Indian automakers make profits surpassing pre-COVID levels