Faced with a rapid drop in car sales in China it is an entire industry (manufacturers, equipment manufacturers, dealers) that is forced to adapt to this new situation. The blow is hard for companies that have often invested billions of dollars over the past decade in hopes of taking advantage of the extraordinary growth of… Continue reading In China, automakers forced to adapt to falling sales
Tag: Suzuki
Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail
TOKYO (Reuters) – Ousted Nissan boss Carlos Ghosn walked out of a Tokyo prison on a $9 million bail on Wednesday, slipping past reporters in a face mask and moving closer to mounting a defense against financial misconduct charges that he has called “meritless”. Ghosn, among the world’s most prominent auto executives whose dramatic rescue… Continue reading Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail
Suzuki adds seventh dealership in Northern Ireland
Suzuki GB PLC has expanded its dealer network by appointing Greg Mitchell Motors in County Tyrone. This brings the total number of Suzuki dealerships in Northern Ireland to seven, and to 157 locations across the UK. The dealership has also been enlarged and modernised to create a state-of-the-art 12-car showroom. It features a handover bay… Continue reading Suzuki adds seventh dealership in Northern Ireland
Maruti recalls 3,757 units of Baleno to inspect ABS software
Maruti Suzuki India is undertaking service campaign for 3,757 units of its premium hatchback Baleno to inspect and update modified software in actuator assembly ABS, a key part of braking system. The service campaign will cover Baleno manufactured between December 6, 2018 and February 4, 2019, the company said in a customer notice on its… Continue reading Maruti recalls 3,757 units of Baleno to inspect ABS software
‘The UK car industry is still the best in the world for new cars’
After the first round of voting for the 2019 World Car Awards, the unexpected happened. Britain’s battered and bruised motor industry was, in effect, voted third on the planet for desirable, quality products that impress and satisfy the people who drive them. Or, to be more precise, four British cars – the Aston Martin Vantage,… Continue reading ‘The UK car industry is still the best in the world for new cars’
Carmakers cut their PCP prices to kickstart Q1
Car manufacturers have adjusted their retail offer strategies to kickstart the year with a 4.4% drop in the average monthly prices of PCP deals, to £311.40, according to AM’s latest quarterly data. The increased affordability across manufacturers’ model ranges is in contrast to the 5.5% quarterly rise seen in Q4 2018. AM’s analysis of 259… Continue reading Carmakers cut their PCP prices to kickstart Q1
Strike at Audi Hungary plant continues, hits production in Germany
BUDAPEST (Reuters) – Support for a strike that last week shut Audi’s massive Hungarian plant increased over the weekend, the union said on Monday, and the disruption in supplies has led to a halt in production at the carmaker’s home factory in Germany. FILE PHOTO: The logo of Audi is seen during the first press… Continue reading Strike at Audi Hungary plant continues, hits production in Germany
Arnold Clark acquires Phoenix Car Company
Arnold Clark has completed the acquisition of Phoenix Car Company, with the transfer of assets and staff from the Paisley-based car retailer set to take place on January 31. The AM100’s fourth-placed retail group will grow with the addition of six retail sites in Paisley and one in Edinburgh from the group, with franchised partners… Continue reading Arnold Clark acquires Phoenix Car Company
Audi’s Hungarian plant closed by strike in blow to economy
BUDAPEST, Jan 24 (Reuters) – Audi’s Hungarian factory, one of the largest production plants in the Volkswagen group, shut on Thursday as workers began a one-week strike for higher wages. A union representing more than half of the plant’s 13,000 workers said it was ready to go the full 168 hours to force a deal,… Continue reading Audi’s Hungarian plant closed by strike in blow to economy
Maruti Suzuki calls for reduction in taxes on automobiles
Tax on automobiles in India is higher compared to many other countries and there is a need to reduce it in order to create demand and develop the industry, Maruti Suzuki India Managing Director and Chief Executive Officer Kenichi Ayukawa said Wednesday. Currently, automobiles attract peak GST rate of 28 per cent with additional cess… Continue reading Maruti Suzuki calls for reduction in taxes on automobiles