Japanese car making company Nissan has announced huge cuts in its workforce. The company is going to show the exit to thousands of employees. This decision has been taken due to the losses being incurred by the company. This layoff will be done from the global workforce. The company is talking about reducing global production…
Hyundai’s Exter SUV, which is among the big automobile companies, is being liked a lot by the customers. The company has received more than one lakh bookings for this. It was launched about four months ago. Hyundai has a target of selling six lakh units in the country this year and Exter can make a…
South Korean automobile company Hyundai Motor has sold more than six lakh units in India last year. This is the company’s best performance since starting business in the country. The company’s sales last year increased by almost nine percent to about 6.02 lakh units. The past year has been good for the automobile industry and…
The demand for SUVs has increased rapidly in the automobile market in the last few years. Nissan’s Magnite SUV has crossed one lakh units sold in India. It was launched about four years ago. Its starting price is Rs 4.99 lakh (ex-showroom). Magnite, a compact SUV measuring less than four metres, competes with Maruti Suzuki’s…
