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Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models

2 days ago DieselGasoil Comments Off on Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models
SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, Read More

Hyundai Motor logs biggest profit gain in seven years on currency, new models

2 days ago DieselGasoil Comments Off on Hyundai Motor logs biggest profit gain in seven years on currency, new models
SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) on Monday posted its steepest quarterly net profit gain in over seven years, as a weaker local currency helped lift U.S. income, while new models boosted domestic sales. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Read More

GM’s mid-engine Corvettes roar onstage to take on Europeans

5 days ago DieselGasoil Comments Off on GM’s mid-engine Corvettes roar onstage to take on Europeans
TUSTIN, Calif. (Reuters) – General Motors Co (GM.N) unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment. Mark Reuss, president of General Motors Company, gestures next to the Read More

Porsche offers computerized cruise control for twisty roads

1 week ago DieselGasoil Comments Off on Porsche offers computerized cruise control for twisty roads
See the most exotic cars from the Geneva Motor Show I was going almost 50 miles an hour on a mountain road just north of New York City. Ahead of me, the road curved sharply to the left with just a thin metal railing between the speeding car and a long drop down a mountainside Read More

Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

1 week ago DieselGasoil Comments Off on Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup
BEIJING (Reuters) – Tesla Inc (TSLA.O) has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries. FILE PHOTO: A logo of Tesla Motors on an electric car Read More

Toyota to build new SUV, rather than car at Alabama plant

2 weeks ago DieselGasoil Comments Off on Toyota to build new SUV, rather than car at Alabama plant
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse/File Photo WASHINGTON (Reuters) – Toyota Motor Corp (7203.T) said Wednesday it will build a new sport utility vehicle at a $1.6 billion joint venture assembly plant in Alabama rather than produce Corolla cars. Read More

Drowning man rescued by Olympic swimmer

2 weeks ago DieselGasoil Comments Off on Drowning man rescued by Olympic swimmer
By Emily Mee, news reporter A drowning man had a stroke of luck when he was rescued by an Olympic swimmer who had been relaxing nearby. Olympic medal-winner Filippo Magnini was with his girlfriend Giorgia Palmas on a Sardinian beach when he heard cries for help and launched into action, according to local media reports. Read More

Surgeons restore hand and arm function in paralysed patients

3 weeks ago DieselGasoil Comments Off on Surgeons restore hand and arm function in paralysed patients
A number of patients who were diagnosed with complete paralysis have been given new hope, after pioneering nerve surgery restored movement in their elbows and hands. Australian surgeons were able to attach nerves connected to working muscles above the spinal injury, to nerves attached to the paralysed muscle below it. The working nerves were then Read More

U.S. June sales a mixed bag for automakers; SUVs, trucks still strong

3 weeks ago DieselGasoil Comments Off on U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline. FILE PHOTO: A 2019 Ram 1500 pickup truck is on display in front of the Fiat Chrysler Automobiles (FCA) Sterling Read More

Strong SUV, truck demand drive U.S. auto sales higher in June

3 weeks ago DieselGasoil Comments Off on Strong SUV, truck demand drive U.S. auto sales higher in June
FILE PHOTO: A 2019 Ram 1500 pickup truck is on display in front of the Fiat Chrysler Automobiles (FCA) Sterling Heights Assembly Plant in Sterling Heights, Michigan, U.S., October 22, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – Automakers including Fiat Chrysler Automobiles NV (FCAU.N) (FCHA.MI) and Hyundai Motor Co (005380.KS) on Tuesday reported a rise in Read More