Automotive

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Retail Asia24/03/2021

Maruti Suzuki has announced that it will be increasing car prices across its model line-up from April 2021. In a regulatory filing, the country’s largest car manufacture said “Over the past year the cost of company’s vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the […]

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Retail Asia24/03/2021

The Honda Africa Twin is likely to get radar-assisted cruise control, after Ducati, BMW and KTM already introduced similar systems on their range-topping adventure bikes. The radar-powered adaptive cruise control system, made by Bosch, has already made its debut in production models of the KTM 1290 Super Adventure S, the Ducati Multistrada V4 S and the […]

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Retail Asia24/03/2021

Tesla’s use of in-car cameras to record and transmit video footage of passengers to develop self-driving technology raises privacy concerns, influential U.S. magazine Consumer Reports said on Tuesday. Consumer Reports said the usage potentially undermines the safety benefits of driver monitoring, which is to alert drivers when they are not paying attention to the road. […]

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Retail Asia22/03/2021

Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate a global semiconductor shortage. “We are gathering information and trying to see if this will affect us or not,” a Honda spokesman said. Other car makers including […]

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Retail Asia22/03/2021

China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. The brand, positioned in the premium segment and named “Zeekr”, will be housed under Geely’s […]

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Retail Asia19/03/2021

Honda Motor Co said late Tuesday supply chain issues will force a halt to production at a majority of U.S. and Canadian auto plants for a week. The Japanese automaker added the issue will result in some production cuts next week at all U.S. and Canadian plants, citing “the impact from COVID-19, congestion at various […]

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Retail Asia19/03/2021

BMW expects at least half of its sales to be zero-emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. In the short term, the German carmaker forecast on Wednesday a big rise in pretax profit for this year, with a strong performance in all areas […]

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Retail Asia18/03/2021

BMW has shown off its next-generation iDrive system, which is the software and hardware platform which comprises the infotainment system and in-car experience that has been prevalent since the dawn of the new millennium. Now, approaching its eighth generation, it has a new curved display that starts behind the steering wheel extending across the dashboard. […]

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Retail Asia18/03/2021

Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and speed up mass adoption of battery-powered cars. The world’s No. 2 carmaker, which is in the midst of a major shift towards battery-powered cars, said on Monday it wants to […]

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Retail Asia17/03/2021

Volkswagen plans to have six battery cell production plants operating in Europe by 2030 to secure supply for the world’s No.2 carmaker’s electric vehicle ambitions. The plants, to be built in partnerships, will have a production capacity of 240-gigawatt hours a year, VW said. “E-mobility has become core business for us. We are now systematically […]

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Retail Asia17/03/2021

Samsung Electronics recently won a project for Google parent Alphabet’s autonomous driving unit Waymo to develop chips for next-generation self-driving cars, South Korean media reported on Monday. Samsung will develop a chip that computes data collected from various sensors installed in autonomous vehicles or centrally controls functions by exchanging information with Google data centers in […]

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Retail Asia17/03/2021

General Motors Co said on Monday that due to the global semiconductor chip shortage the U.S. automaker is building certain 2021 light-duty full-size pickup trucks without a fuel management module, hurting those vehicles’ fuel economy performance. The lack of the active fuel management/dynamic fuel management module means affected models, equipped with the 5.3-litre EcoTec3 V8 engine […]

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Retail Asia17/03/2021

Honda has become one of the first motorcycle brands to confirm participation in the 2021 edition event of one of the world’s most well-known motorcycle trade shows. The EICMA event, held every year in Milan, Italy, is scheduled to take place between November 23-28, 2021. But this year’s event may not see participation from many […]

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Retail Asia16/03/2021

Auto sales in the first two months of the year jumped by 21 percent to 40,017 units. Passenger vehicles dominated sales at 71 percent, according to the Vietnam Automobile Manufacturers Association. Local company Truong Hai Auto (Thaco) led the market with 14,964 units representing a 39 percent year-on-year increase. It was followed by Toyota (6,848), […]

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Retail Asia15/03/2021

Nissan Motor announced Guillaume Cartier as its new Chairperson for the Africa, Middle East, India, Europe and Oceania (AMIEO) region. Effective April 1st, Cartier will lead all Nissan operations in the region, which covers more than 140 markets across four continents with a population of around 3.8 billion people, representing more than 30 percent of […]

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Retail Asia15/03/2021

The BMW Group announced that it is investing in an innovative method for CO2-free steel production developed by American startup Boston Metal, through its venture capital fund, BMW i Ventures. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale. The investment is part of the […]

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Retail Asia15/03/2021

Carmaker Volkswagen plans to cut up to 5,000 jobs in Germany by offering early or partial retirement to older employees in a move that could cost 500 million euros ($598 million), the Handelsblatt newspaper reported on Sunday. The newspaper quoted a spokeswoman confirming that the company had agreed on the plan with the works council […]

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Retail Asia10/03/2021

Kia has revealed the first official images of the EV6 – its first dedicated battery electric vehicle. Now, we have to tell you here that it’s not the company’s first EV, because if you remember, it already has the e-Niro and the Soul EV in its all-electric portfolio. The EV6, however, is built on a […]

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Retail Asia10/03/2021

Harley-Davidson is looking to increase focus on the used motorcycle market in the United States, in the brand’s latest efforts to increase customer base. And to do this, Harley-Davidson plans to roll out a certified pre-owned bike program, known as H-D Certified, to position well-tended bikes as a substitute for entry-level models. The strategy is […]

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Retail Asia08/03/2021

Maruti Suzuki India has announced production figures for the month of February 2021. India’s leading carmaker said its total production increased by 19.3 percent to 1,68,180 units in February against 1,40,933 units produced in the same month last year. The numbers recorded last month are slightly better than what the automaker posted in February 2020. […]

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