Car Manufacturing Sales Drop

Highlights:

• Global chip shortages continue to affect car production.

The worst chip shortage in decades is experienced currently all around the world. These Semiconductor chips are used in everything: smartphones, smart fridges, computers, and ...

S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL

Highlights –

• S. Korea’s automobile exports rose to 53% in April.
• In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
• Hyundai Motor Co. saw its exports jump 40.3 percent in April.
• SsangY...

2021 RENAULT TRIBER COMING WITH NEW FEATURES

HIGHLIGHTS

• 2021 Renault Triber is going get released in market with six new features.
• The new car is going to have better fuel efficiency.

Renault India is all set to upgrade the Triber subcompact Multi-Purpose Vehicle (MPV) very soo...

S. KOREAN COLLECTIVE CARMAKER’S SALES ON SUVs ROSE 4.8 PERCENT IN JANUARY 2021

Highlights –

• S. Korean collective carmaker’s sales on SUVs rose 4.8 percent in January 2021.
• The data is by Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp., and SsangYong Motor Co.
• Domestic sales of the ...

EARLY RETIREMENT FOR UP TO 600 WORKERS AT MITSUBISHI MOTORS CORP.

Highlights –

• Early retirement for up to 600 workers at Mitsubishi Motors Corp.
• The automaking company is considering the process to start from mid-November.
• The move comes as a part of the company’s restructuring plan.

KUMHO TIRES BUILDS CREDIBILITY AS PREMIER TIRE SUPPLIER FOR COMPACT SUVS

• Kumho Tire has reaffirmed its # 1 spot in domestic sales by supplying tires for new small sport utility vehicles (SUV’s), the tire maker said Tuesday.
• Currently, small SUVs are currently in the limelight in South Korea’s auto market with their reasonable price tag a...

RENAULT’S ZOE CAR LEAVES TESLA AND VOLKSWAGEN IN SHOCK IN EUROPE

Highlights:

• Renault launched its Zoe electric car
• German and French government offerings to the company

Renault SA had delivered quite the shock in the figures of its sales this week to anyone who had only paid attention to Tesl...

Vauxhall union seeks guarantees over car merger

Britain’s union is looking for guarantees when it is looking at the future of Vauxhall after its owner France PSA Group agreed to a merger with Fiat Chrysler. This merger has led to the creation of the world’s fourth-largest car company and this has raised concerns about investment in...

Major overhaul in the company structure a part of the bigger picture says, Renault.

Renault motorsports formula one team have had a huge overhaul in their aerodynamics department for the upcoming 2021 regulations which were revealed last week on Friday, there have been major upgrades to the technical rules and in order to understand them better and extract the maximum performanc...