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#autonews

Every story tagged #autonews on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

42 stories in this topic

Tesla Plant
Automotive
2 min read

Tesla Reduces Prices On Model S and X Amid Stock Slump

Faced with a slumping stock price and questions about demand for its vehicles, Tesla has lowered the U.S. base prices of its two most expensive models. The company on Monday cut $3,000 from the price of the Model S sedan and $2,000 from the Model X SUV. Tesla…

BMW X5
Automotive
3 min read

BMW X5 2019 Launched In India

BMW has launched the new generation of the X5 in India and prices for the SUV start at ₹ 72.90 lakh (ex-showroom India). The company has stated that it will launch 12 new models in the country in 2019 and the new-gen X5 is one among them. The all-new BMW X5…

skoda kodiaq m20 gallery 02.4cfc8178f07585faf197d5020b3c49b3.fit 1450x760
Automotive
1 min read

2020 Skoda Superb Facelift Global Debut End of May

The Superb is the flagship in Skoda’s portfolio and it is planning to present the 2020 facelifted model to the world on a special occasion. IIHF Ice Hockey World Championship is a grand affair for the Czech carmaker and it has signed up for the 27th time as…

Mercedes Benz Travel Brand Announced
Automotive
2 min read

Daimler CEO Says His Successor Will Have A Tough Job

Daimler’s next chief executive will have a tough job to restore margins at Mercedes-Benz, current boss Dieter Zetsche told Reuters on Wednesday, as Mercedes-Benz launched a new luxury electric car to rival Tesla. Zetsche, who bows out as CEO on May 22, said…

Next Gen Mercedes S Class Interior
Automotive
2 min read

Next Generation Mercedes-Benz S-Class Interior Leaked

Mercedes-Benz is readying the next generation of its flagship S-Class sedan and while we’ve seen test mules in the past, a leaked image of the interior have now made its online. The next generation Mercedes-Benz S-Class due to make its debut sometime in 2020…

Elon Musk Tesla
Automotive
1 min read

Tesla Reports $702 Million Loss In The Last Quarter

Tesla said on Wednesday it would return to profit in the third quarter of 2019 after racking up two consecutive losses in the first half of the year, as it struggled to deliver cars to customers and launched a cheaper version of its Model 3 sedan. The…

Porsche 911 GT2 RS
Automotive
1 min read

2019 Porsche 911 India Launched

The new-generation 2019 Porsche 911 went on sale in India today and we have all the highlights from the from the launch here. The eighth-generation Porsche 911 coming to India was internally codenamed 992 and retains the iconic silhouette that is distinctive…

Denso
Automotive
1 min read

Denso to invest $1 billion creating 1,000 jobs

Japanese auto parts supplier Denso Corp plans to invest $1 billion in its Maryville, Tennessee plant to develop vehicle electrification and safety systems, creating around 1,000 jobs. This is the latest in a series of announcements from automakers rushing to…

audi
Automotive
1 min read

Volkswagen’s Audi in talks with China’s SAIC Motor on tie-up

Volkswagen’s Audi premium brand is in talks with China’s largest automaker, SAIC Motor, on a potential long-term collaboration, Audi said in a statement on Monday. Reuters reported on Saturday, citing a source familiar with the matter, that the two had signed…

honda urban suv front three quarter
Automotive
2 min read

Honda plans North American production shifts to make more SUVs

Honda Motor Co is shifting around its North American vehicle production mix and may raise imports from Japan to squeeze out more SUVs as it struggles to keep up with strong U.S. demand for larger models, a factor which has prompted the automaker to trim its…

nissan
Automotive
2 min read

Nissan expects sales growth to slow in China, U.S. in near term

Nissan Motor Co Ltd on Monday said its sales growth in the world’s two biggest auto markets is likely slow in the near term as consumer tax breaks end in China while U.S. tastes move away from the automaker’s main area of focus. Japan’s second-biggest…

eurokars
Automotive
1 min read

Mazda to leave Indonesia, hands distribution to Eurokars

Mazda Motor Corporation has appointed Eurokars Motor Indonesia, a member of Eurokars Group, as the distributor of Mazda vehicles in Indonesia following its decision to leave the country. Eurokars Group spokesperson Angeline Tan said Mazda’s distribution…

Totoyta I road
Automotive
4 min read

Toyota with Daihatsu gets ready to enter small-car market

The world’s largest carmaker, Toyota Motor, is finally getting ready to enter the Indian small-car market and challenge the dominance of Maruti Suzuki and Hyundai Motor in their bread-and-butter segment. The Japanese automaker and its unit specialising in…

luxury cars for men top 5
Automotive
2 min read

High-end luxury car market hit hard

The bottom may already be falling out of the high-end luxury car segment because of the gloomy economy, but Indonesia’s tax amnesty scheme seems to be exacerbating the situation. This segment groups super sports car and ultra luxury limousine brands, namely…