Autofleet, a Tel Aviv, Israel-based provider of AI-powered fleet optimization and vehicle-as-a-service solutions, raised $7.5m in Series A and seed financing. The Series A was led by MizMaa Ventures with participation from mobility-focused investors Maniv Mobility, Next Gear Ventures and Liil Ventures. The seed financing was led by Maniv Mobility. The company intends to use… Continue reading Autofleet Raises $7.5M in Series A Funding
Tag: Suzuki
Chinese automakers move into Myanmar to battle Japanese rivals
YANGON — Chinese automakers are ramping up local production in Myanmar as they go head to head with dominant and entrenched Japanese rivals in the fast-growing market. There was a fivefold increase in the number of new cars sold in Myanmar in the three years to 2019, when sales hit 21,916, according to data from… Continue reading Chinese automakers move into Myanmar to battle Japanese rivals
Toyota halts Japan production as carmakers slam on the brakes
TOKYO — Toyota Motor suspended production at five plants across Japan on Friday, joining the ranks of automakers throughout the world that have been forced to do the same as the coronavirus pandemic stifles sales. However, Japan’s largest automaker said it hopes its strong cash position can help it endure the pain. “I have said multiple times… Continue reading Toyota halts Japan production as carmakers slam on the brakes
Toyoda Gosei to Restructure Production Subsidiaries in India for “TG One India”
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) will restructure its production subsidiaries in India to optimize its production network in that country. The company will transfer its all shares in Toyoda Gosei South India Pvt. Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt. Ltd. (TGMIN) in 2020. TGSIN supplies interiors and exteriors and other… Continue reading Toyoda Gosei to Restructure Production Subsidiaries in India for “TG One India”
Maruti Suzuki to begin making ventilators and masks in India
TOKYO — Japanese automaker Suzuki Motor announced on Wednesday that it will start producing ventilators and face masks in India through its subsidiary Maruti Suzuki India. Maruti will collaborate with local manufacturers and aims to jointly produce 10,000 ventilators per month amid a global surge in new coronavirus infections. Suzuki’s decision comes right after the… Continue reading Maruti Suzuki to begin making ventilators and masks in India
Ineos Automotive reveals its Defender-like Grenadier SUV in greater detail – Forma car News
Ineos Automotive has revealed some of the principal specs of its upcoming Grenadier SUV, which openly takes after the Land Rover Defender classics. Four years ago, just as the first-gen Defender went out of production, Ineos CEO Jim Ratcliffe contacted Jaguar Land Rover asking to buy the production rights. Facing refusal, he decided to design… Continue reading Ineos Automotive reveals its Defender-like Grenadier SUV in greater detail – Forma car News
Kia Sonet launch in August, will rival Maruti Suzuki Vitara Brezza, Hyundai Venue
Kia Sonet was one of the major attractions at this year’s Auto Expo.The upcoming Sonet might share its engines with Hyundai Venue.The transmission options include 6-speed MT and 7-speed DCT with 1.0-litre Kappa Turbo GDI petrol motor, 5-speed MT with 1.2-litre Kappa petrol motor and 6-speed MT with 1.5-litre U2 CRDi BS6 diesel engine.
Suzuki to invest $109m to raise Myanmar factory capacity fourfold
TOKYO — Suzuki Motor announced on Monday that it will increase production at one of its factories in Myanmar. It will introduce a new line for four-wheeled vehicles at its plant in southeastern Yangon that will handle tasks like painting car bodies. Suzuki has two factories in the country. The investment will cost about 12… Continue reading Suzuki to invest $109m to raise Myanmar factory capacity fourfold
@Suzuki: March 23Suzuki to Construct a New Automobile Plant in Myanmar
Go to Source
@Suzuki: Mar 22, 2020 Maruti Suzuki halts operations at its Haryana facilities
New Delhi: Maruti Suzuki has been taking all recommended precautions in its operations against the spread of COVID-19, which includes sanitization and hygiene, temperature checks, maximizing video-conferencing and minimizing contact, closing employee travel, health and distancing advisories to employees and following all government directions on the subject. As a next step, the Government policy now… Continue reading @Suzuki: Mar 22, 2020 Maruti Suzuki halts operations at its Haryana facilities