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Automaker News
Ukraine-Russia War
26 Oct 2022
Mercedes-Benz pulls out of Russian market amidst ongoing Ukraine-Russia war
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.
Chip shortage
29 Nov 2021
Global chip shortage pushes carmakers to get inventive, reduce waiting period
Global semiconductor shortage during pandemic has hit the automakers hard Carmakers failing to deliver vehicles on time Manufacturers rethinking production strategies, getting inventive
Tesla
16 Oct 2017
Tesla fires hundreds over performance issue
According to The Mercury News, Tesla said it regularly conducts annual performance reviews that often result in promotions or bonuses as well as dismissals.
Hyundai Motor Co
20 May 2017
US regulators open probe into recall of nearly 1.7 million Hyundai, Kia models
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.
Toyota Kirloskar Motor
19 Dec 2016
Toyota Fortuner crosses 1 lakh sales milestone in domestic market
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.
Mahindra & Mahindra
17 Dec 2016
Mahindra & Mahindra arm forms JV with state-run MSTC for scrapping old automobiles
One of the arms of Mahindra & Mahindra has formed a joint venture with state owned MSTC scrapping of old automobiles and other white goods.
Ford Motors
21 Jul 2015
Ford launches deluxe aluminum F-150 pickup
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.
Toyota
16 Jun 2015
Toyota's new class of stock approved despite opposition from foreign funds
About 75 percent of shareholders voted in favour of allowing the new shares, which will be unlisted and must be held for five years.
Suzuki
11 May 2015
Suzuki says profits fell for first time in six years, sees 2015 rebound
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.
Tata Motors
26 Oct 2014
Tata Motors raises $750 mn in Fx bond sale; gets better pricing
The proceeds from the issue will be used to refinance external commercial borrowings, capital expenditure and for general corporate purposes, the company said.
Fiat
06 Aug 2014
FIAT reschedules launch of 'JEEP' to 2015
Fiat Group Automobiles India, subsidiary of Fiat Chrysler Automobiles, retails Punto Evo, Linea models.
Nissan
28 Jul 2014
Nissan April-June net profit jumps 37% to $1.1 bn
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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