Diabytes
Automaker News
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After Nissan, Ford and GM announced to shut their operations in Russia amidst the ongoing conflict between Ukraine and Russia, now Mercedes-Benz has decided to move out of the Russian market.
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Global semiconductor shortage during pandemic has hit the automakers hard
Carmakers failing to deliver vehicles on time
Manufacturers rethinking production strategies, getting inventive
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According to The Mercury News, Tesla said it regularly conducts annual performance reviews that often result in promotions or bonuses as well as dismissals.
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US safety regulators have opened a formal investigation into the recall of nearly 1.7 million vehicles by Hyundai Motor Co and affiliate Kia Motor Corp over engine defects, according to filings published Saturday.
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Nearly eight year after hitting the roads in India, Toyota Kirloskar Motor's premium SUV Fortrunner has crossed one lakh cumulative sales mark in the domestic market, informed the automaker on Monday.
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One of the arms of Mahindra & Mahindra has formed a joint venture with state owned MSTC scrapping of old automobiles and other white goods.
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US automaker Ford rolled out a deluxe version of its F-150 aluminum-bodied pickup truck Tuesday, betting on high-end touches as it ramps up production of its most popular vehicle.
About 75 percent of shareholders voted in favour of allowing the new shares, which will be unlisted and must be held for five years.
Japan`s Suzuki Motor Corp said its annual operating profit fell for the first time in six years, missing its own target, as weak demand at home and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market.
The proceeds from the issue will be used to refinance external commercial borrowings, capital expenditure and for general corporate purposes, the company said.
Fiat Group Automobiles India, subsidiary of Fiat Chrysler Automobiles, retails Punto Evo, Linea models.
The automaker is the first of Japan`s "Big Three" automakers to post their latest earnings, with Toyota and Honda reporting over the coming weeks.
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