Magazine

NOVEMBER 2020

GLOBAL

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...

Ford plant closures to aid overseas profitability: J.P. Morgan

Ford Motor Co’s decision to close three plants in Brazil will cut its losses and allow it to focus on boosting profitability in its...

Volkswagen brand 2020 sales drop but recovery seen in December

German carmaker Volkswagen said on Tuesday that sales of its core brand dropped by 15% to 5.3 million vehicles in 2020 as the outbreak...

Hyundai Motor’s sedan Grandeur racks up 2 million unit sales

Hyundai Motor’s flagship full-size sedan Grandeur has been positioned as a luxurious car for the older generation and those of high social status in...

Volvo aims to break sales record this year

After hitting an all-time high in sales last year, Volvo Cars Korea is aiming for another record-breaking year, with a plan to sell 15,000...

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NOVEMBER 2020

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Popular news

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...

Hyundai teases 1st own EV platform-based IONIQ 5

Hyundai Motor Co. on Wednesday released a teaser for the IONIQ 5, the first all-electric model with its own EV platform called the electric-global...

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...