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isuzu

Isuzu, a Japanese automaker plans to make India as their export hub

Isuzu, a Japanese automaker announces its plans to make India its export hub with its sales up by 60% this year in comparison to the previous year. The automaker has seen a rise in demand for pick up truck in the smaller towns and cities of the country. In the last 5 years from operating…

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Graph down

As export growth declines, Japan begins shipping fewer cars to U.S

Earlier in the day, August 16th, data released by the Ministry of Finance (MOF) showed that exports have risen by 3.9 percent year-on-year for the month of July. Significantly below the expected 6.3 percent increase by economists in a Reuters poll. The rise for the month of July follows a 6.7 percent year-on-year gain for…

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BMW announcement

South Korea announces a ban on 20,000 BMW vehicles

Earlier in the day( August 14th), it was reported by Reuters that the Transport Ministry of South Korea will be imposing a ban on nearly 20,000 BMW (BMWG.DE) vehicles from the streets due to growing public concerns of engine fires. South Korea’s Transport Ministry was forced to implement a driving ban as reportedly 27 engines…

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Ford Lincoln dealerships

Ford Motors see a huge drop in sales for July 2018

Ford Motor Co. published its July 2018 sales figures showing a 3.1% drop in overall sales. It was worse than what the market was expecting and more than half of what analyst Edmunds had estimated. Due to low gas price, improving economy and the change in the customers' demands, Ford truck sales continued to remain…

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President trump on Harley

President Trump terms Harley-Davidson’s move to shift overseas as ‘a bad move’

Earlier on Sunday, August 12th, President of the United States of America, Donald Trump launched a fresh attack against the iconic U.S. motorcycle maker Harley Davidson, by disparaging the motorcycle maker's plan to shift some of its production unit abroad. President Trump’s tweet also looked to be in support of consumers that have called for…

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Japan's Ministry logo

Japan’s Transport Ministry reveals the improper testing conducted by several major Car manufacturers

Earlier in the day on August 9th, Japan’s transport ministry announced that Yamaha Motor, Mazda Motor, and Suzuki Motor have been conducting improper fuel economy and emissions tests on their vehicles. Normally known for its high-quality and efficient production, the image of Japan’s manufacturing industry has recently come under severe scrutiny and this latest announcement just…

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chinese-flag-and-car

Ford launches an entry-level SUV for the Chinese market to revive its growth

On Wednesday, Ford stated that it would launch an entry-level SUV for China in early 2019. Ford would develop the SUV jointly with a local partner and the company plans to grow its business in the world biggest automobile market. Ford Motors and Jiangling Motors Corp. would develop the Ford Territory which would be available…

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volkswagan vw

VW, Audi and Porsche to recall 124,000 of its electric and hybrid cars

Earlier in the week The Volkswagen group officially went on to confirm the news that it may have to recall nearly 124,000 electric and hybrid cars from its VW, Audi, and Porsche brands. The reason behind this recall is due to poisonous cadmium finding its way into a charger component of the above-mentioned car brands. According…

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The new face-lifted variant of the Hyundai Tucson SUV launched in S.Korea

To meet the growing customer demand in South Korea, Hyundai Motor Co. launched a facelifted version of its Tucson sports utility vehicle(SUV), the automaker said on Tuesday. The automaker said in a statement, the Tucson facelift comes in three variants, one with a gasoline motor and two with a diesel motor. The gas variant comes…

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Car Imports

A sudden change in tariff resulted in an 87% fall in Chinese car imports  

According to the data from China Automobile Dealers Association (CADA), Chinese car imports have fallen by 87.1 percent in June from the previous year to 15,000 vehicles. Automakers have delayed the shipments before tariff cuts on vehicles manufactured outside China. On Monday, the data from CADA also showed that the sales of foreign-made vehicles fell…

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Daimler and Smart

Daimler announces plans to manufacture small electric cars in China

Earlier in the previous week, Daimler AG announced that it has begun preparations to manufacture battery-powered Smart cars in China along with a local partner. Sources close to the matter say that the German luxury-car maker has announced this move in a bid to boost sales of the tiny-car brand in cities all over the world…

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Porsche Dealer

Porsche revenue increases by 4% to $14.24 billion (EUR 12.3 billion)

Porsche AG has seen a strong increase in profit, revenue, vehicle deliveries, and employees despite the economic and political challenges in the first half of 2018. There was one percent increase in operating result to $ 2.54 billion (EUR 2.2 billion), a four percent rise in revenue to $14.24 billion (EUR 12.3 billion) and 17.5%…

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Ram 3500

Fiat Chrysler recalled 1.4 million of its Ram Pickups

Due to growing concerns about unwanted accidents taking place, the U.S based car manufacturer, Fiat Chrysler has announced that it is recalling nearly 1.4 million Ram pickups in the U.S. as well as Canada. These unwanted accidents occur because even when the trucks are moving there is a possibility of that tailgates with power locks…

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BMW news

BMW faces a dip in profits for the current quarter of 2018

Earlier on Thursday, August 2nd, BMW (BMW.XE)revealed that its earnings for the second quarter were weighed down due to a large number of investments in electric and automated vehicles, and also the recent currency effects and high raw-materials prices, however it was also revealed that the premium carmaker remained largely unfazed by new emissions rules…

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Japanese auto giant reveals its 2nd gen hydrogen fuel cell truck

Experts and motor enthusiast know that Toyota is still not completely sure on the future of electric vehicles being the solution to sustainable transport. The automaker still prefers working with hybrid and hydrogen technologies even though it has now on boarded Electric Vehicle technology. In Northern Michigan, at the Center for Automotive Research (CAR) Management,…

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The BMW 8-Series rear 3/4

BMW announced to build a new $1.2 billion plant in Hungary

BMW, a German automaker, laid down its plans to build a new manufacturing unit at Debrecen, a town in Hungary. Over 1000 jobs would be created at this factory and the project is expected to cost more than 1.2 billion dollars (1 billion euros) On Tuesday, the company announced that over 150,000 combustion, hybrid and…

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Toyota driverless evs

Toyota to provide driver-less EVs for Tokyo’s 2020 Olympics

For the upcoming 2020 Olympic and Paralympic games which will take place in Tokyo, Toyota has announced that it will be providing driverless electric vehicles (EVs) to transport visitors and athletes during the entire event. According to the Japanese car manufacturer, it said that its Concept-i vehicles shall form part of a larger fleet consisting of nearly 3,000…

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tesla motors

Tesla hires former Seagate executive as its Chief Accounting Officer

Earlier this year the Chief Accounting Officer at Tesla left the company and to fill that vacancy the company announced on Monday, July 30th that it has appointed a new head of accounting Dave Morton. In a blog post on its official website, the automaker went on to reveal the announcement of the new hire:…

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Oerlikon

Oerlikon sells Drive Systems Unit to Dana for $603.3 million

Earlier in the week, Dana Incorporation made an announcement that it has signed an agreement to buy the drive systems segment of the Oerlikon Group. Oerlikon, a Swiss manufacturer has 3 segments, Manmade Fibers Segment, Drive Systems Segment and Surface Solutions Segment which produces high precision gears, planetary hub drives, and many other components. Dana…

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Porsche 911 GT2 RS

Porsche has set another lap record in the world second longest Racetrack with the 911 GT2 RS

In 2017, Porsche broke a Nurburgring lap record with its 911 GT2 RS with a lap time of 6:47.30 on Nordschleife course which is the longest permanent race track in the world. However, the Lamborghini Aventador SVJ now holds the Ring record at 6:44.97. The automaker took the 911 GT2 RS to the Bend Motorsport…

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bugatti divo

Bugatti announces the date for the much awaited Divo hypercar

Every man wishes to own a supercar, and one of the most expensive supercar brand Bugatti has officially confirmed the launch of its new hypercar. Earlier in the week, The French luxury car brand announced the launch of the limited-edition hypercar called ‘Divo’, a car that is light and nimble with extraordinary handling. Bugatti also…

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