Magazine

NOVEMBER 2020

GLOBAL

Hyundai Motor’s Q4 net jumps 78 pct on high-end models

Hyundai Motor Co. said Tuesday its fourth-quarter net profit jumped 78 percent from a year earlier as robust domestic sales offset weak overseas sales...

Nissan flips the switch on electric reboot in China

Besides the focus on green vehicles, the plan involves using more locally made parts and technologies to reduce costs and help the struggling Japanese...

Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps

Hyundai Motor Co said on Tuesday it expects sales in United States and China to surge this year, driven by the launch of new...

Qualcomm to supply General Motors with ‘cockpit’ chips for next generation vehicles

The San Diego company has long been known for making modem chips that connected Apple Inc’s iPhones and many vehicles to cellular data networks....

Fiat Chrysler to pay 2.9 billion euro special dividend to shareholders on January 29

Italian American carmaker Fiat Chrysler said on Wednesday that the payment of a planned 2.9 billion euro ($3.5 billion) special dividend as part of...

Mahindra cuts over half of North America workforce

Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar with the...

Honda to temporarily halt UK car output due to COVID-related supply issues

Japanese carmaker Honda said it would halt output at its British factory from Monday to Thursday next week due to COVID-19 related global supply...

Volkswagen recalls 56,000 Golf models for software update

Volkswagen will recall 56,000 of its bestselling Golf models to fix software problems that affect the infotainment system and reversing camera, the German company...

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NOVEMBER 2020

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Popular news

Hyundai Motor’s Q4 net jumps 78 pct on high-end models

Hyundai Motor Co. said Tuesday its fourth-quarter net profit jumped 78 percent from a year earlier as robust domestic sales offset weak overseas sales...

Nissan flips the switch on electric reboot in China

Besides the focus on green vehicles, the plan involves using more locally made parts and technologies to reduce costs and help the struggling Japanese...

South Korea probes adequacy of Hyundai’s Kona EV recall after new fire: ministry official

A Hyundai Motor Kona electric vehicle caught fire last week in the first-ever known case of a recalled Kona catching fire, prompting authorities to...

Second European battery cell alliance includes BMW, Tesla – Altmaier

The European Commission gave the green light on Tuesday for supporting a second battery cell alliance of 42 companies from 12 member states, including...

Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps

Hyundai Motor Co said on Tuesday it expects sales in United States and China to surge this year, driven by the launch of new...