AUTOMOBILES
Renault Samsung to cut top jobs, slash pay amid Covid-19 pandemic
The South Korean unit of Renault SA has suffered a sharp decline in sales due to lack of new models and the pandemic's impact on production and sales. The company plans to cut the number of executives by 40 per cent to 30 and pay by 20 per cent starting in January, a spokesman said over the phone. It reportedly may consider offering a voluntary retirement program to employees.
Mercedes-Benz launches S-Class Maestro edition with a price tag of Rs 1.51 crore
One of the most prominent features in the maestro edition is the latest version of Mercedes Me connection service. This special edition offers Alexa home integration using Mercedes Me connect, Google Home integration, and parking solutions in the navigation system.
Audi A4 facelift with a price tag of Rs 42.34 lakh launched in India
The A4 facelift lift comes in two trims, the first one is Premium Plus variant which is the entry-level one and has a price tag of Rs 42.34 lakh. The costlier variant, the top-end Technology trim which costs Rs 46.67 lakh (ex-showroom).
Toyota Kirloskar Motor launches new Fortuner
The new Fortuner is available in '2.8 L Diesel Engine with 6-Speed Automatic and 6-Speed Manual Transmission' with Intelligent 'Manual Transmission options and 2.7 L Petrol Engine in 6-Speed Automatic and 5-Speed Manual Transmission'.
Tata Motors' new flagship SUV to be branded as 'Safari'
"The Safari, an iconic brand with a strong following, has been the most sought after SUV on Indian roads for well over two decades," said Shailesh Chandra - President, Passenger Vehicles Business Unit (PVBU), Tata Motors.
Toyota Fortuner facelift 2021: Teaser released; Specs, launch date, design and price
The major changes in the car’s design start with a new front grille which is larger and has a curvy pattern. The new headlamps have been trimmed to give out a more sleek design. It has sharper character lines, revamped front bumper with larger curtains, slightly smaller fog lamps and silver skid plate among others. At the back, as in the front, taillights have been transformed into full LED.
Tesla almost touched 5 lakh vehicle delivery goal in 2020
In the fourth quarter, Tesla delivered 1,61,650 Model 3 and Model Y cars and produced 1,63,660 such vehicles. The automaker also delivered 18,920 Model S and X vehicles and produced 16,097 of them. ''In 2020, we produced and delivered half a million vehicles, in line with our most recent guidance. In addition, Model Y production in Shanghai has begun, with deliveries expected to begin shortly," the company said in a statement on Saturday.
Hyundai sales see 25% hike in December 2020
Hyundai Motor India Limited (HMIL) sold a total of 47,400 units in December 2020 as compared to 37,953 units in December of 2019. It continues to be in the second position in monthly sales thanks to the introduction of 3 new cars in 2020. Except for the all-new Aura, the other two, Creta and i20 got major upgrades from their last version to compete with the latest competition in its class.
Tesla's Model Y built in China goes on sale
On January 7, 2020, the US electric carmaker launched a project to manufacture Model Y vehicles in the Shanghai gigafactory, its first overseas plant outside the US. On Thursday, Tesla opened its largest supercharger station worldwide, with 72 charging piles set up in the Jing'an District of Shanghai. As of the end of 2020, the automaker has built more than 600 supercharger stations in China, the Xinhua news agency reported.
Mahindra, Ford end discussions on automotive joint venture
The action follows the passing of the expiration date of a definitive agreement the organisations entered into in October 2019. Accordingly, the outcome was driven by fundamental changes in global economic and business conditions -- caused, in part, by the global pandemic -- since the agreement was first announced.
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