Automotive Automatic Transmission Market Status by Upcoming Trends 2020 Growth Drivers | Competitive Strategy, Regional Outlook with SWOT Analysis till 2024 – Bulletin Line

The “Automotive Automatic Transmission Market” report covers the overview of the market and presents the information on business development, market size, and share scenario. The report also emphasizes on the growth prospects of the global Automotive Automatic Transmission market for the period 2020-2024. The report covers market characteristics for each segmentation across the key regions… Continue reading Automotive Automatic Transmission Market Status by Upcoming Trends 2020 Growth Drivers | Competitive Strategy, Regional Outlook with SWOT Analysis till 2024 – Bulletin Line

Kia targets sale of 100,000 Sonets in India, export of 50,000 units in first year

Kia Motors Corporation, which announced its Q2 FY2020 sales numbers (516,050 / -28% YoY) earlier today, has also revealed plans to take on the adverse market environment stemming  from the Covid-19 pandemic. The company says it “plans to guard profitability and market competitiveness with pioneering new models, while optimising production capacity to best cope with… Continue reading Kia targets sale of 100,000 Sonets in India, export of 50,000 units in first year

Nissan revs up subscriptions as car-sharing takes back seat

TOKYO — Nissan Motor will expand its auto subscription service nationwide in Japan to entice customers who have soured on both new-vehicle purchases and car-sharing amid the pandemic. Nissan launched its ClickMobi car subscription service in March, offering a car for as little as $230 a month. The service, now available in 23 of Japan’s 47 prefectures as… Continue reading Nissan revs up subscriptions as car-sharing takes back seat

Suzuki’s new Across is Toyota RAV4-based SUV

Suzuki has revealed the new Across as a hybridised family SUV based on the Toyota RAV4, following a recent agreement between the two manufacturers to collaborate on selected models. It’s the first car to emerge from the strategic alliance and gives an indication of how the two firms will seek to differentiate their own versions of shared… Continue reading Suzuki’s new Across is Toyota RAV4-based SUV

Toyota RAV4 Prime Spawns In Europe As Suzuki Across PHEV

Suzuki introduces the new ACROSS Suzuki has launched the new ACROSS, a robust and sporty SUV equipped with a sophisticated Plug-in Hybrid system and E-Four electronic 4×4, delivering uncompromising performance and efficiency with the capability and styling of a full-fledged modern SUV    July 1st, 2020 The ACROSS is the first model supplied from Toyota… Continue reading Toyota RAV4 Prime Spawns In Europe As Suzuki Across PHEV

India car sales in June down 54% but much improved over May 

Finally, a full month of sales for India Auto Inc. After a washed-out April and a truncated May, June 2020 saw OEMs and their dealers function, in different states of readiness, for the entire month. Understandably, given the ongoing pandemic, some states still in lockdown mode, depressed consumer sentiment and vehicle logistics still to shape… Continue reading India car sales in June down 54% but much improved over May 

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

India plans incentives for auto companies to boost exports

Indian government is planning incentives for big automakers, components firms to boost local manufacturing and export to overseas countries. NEW DELHI,: India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years, four sources with direct knowledge of the matter told Reuters.… Continue reading India plans incentives for auto companies to boost exports

Osamu Suzuki urges Maruti Suzuki’s component suppliers to “build up enough inventory”

Suzuki Motor Corporation (SMC) chairman Osamu Suzuki has reached out to Maruti Suzuki India (MSIL) component suppliers to solicit their support in the ongoing difficult time for the automotive industry. He has urged the company’s suppliers to ready a “contingency plan for production recovery and inventory increase in preparation for the second wave of Covid-19 pandemic.”… Continue reading Osamu Suzuki urges Maruti Suzuki’s component suppliers to “build up enough inventory”

India’s Tata Motors cuts investment by $1.5bn to hold cash

TOKYO — Leading Indian automaker Tata Motors will cut its investment spending for the current fiscal year to March 2021 by $1.5 billion versus the previous year to preserve cash as the novel coronavirus pandemic eviscerates demand for cars. The cutback follows the company’s net loss of 120 billion rupees ($1.6 billion) in the fiscal… Continue reading India’s Tata Motors cuts investment by $1.5bn to hold cash