Porsche Delivers 301,915 Vehicles In 2021

Porsche Delivers 301,915 Vehicles In 2021

Between January and December 2021, Porsche delivered a record 301,915 vehicles to customers worldwide, 11 percent more than 2020.  A statement issued by the German luxury sports car manufacturer, quoted a member of the Executive Board responsible for sales and...
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Toyota Nigeria Gets Multiple Awards

Toyota Nigeria Gets Multiple Awards

Toyota Nigeria Limited (TNL), recently, occupied the centre stage at the 2021 edition of the annual Nigeria Auto Journalists Association (NAJA) awards held in Lagos State, Nigeria.   TNL got three prized products awards and received the biggest ...
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Rolls-Royce Delivers 5,586 Cars In 2021

Rolls-Royce Delivers 5,586 Cars In 2021

By Moses Ebosele, ebosele@hotmail.com Between January and December 2021, Rolls-Royce Motor Cars delivered 5,586 cars to clients around the world, up 49 per cent when compared with same period in 2020.  Rolls-Royce in a statement on Monday described t...
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2021: Hyundai Group Delivers 1.49m Units In US

2021: Hyundai Group Delivers 1.49m Units In US

Between January and December 2021, Hyundai Motor Group, Hyundai, Kia, and Genesis sold a total of 1,489,118 units of vehicles in the United States market  Hyundai Motor sold 738,081 units in the US market last year, up 19 per cent...
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2021: Toyota Overtakes GM To Lead US Auto Sales

2021: Toyota Overtakes GM To Lead US Auto Sales

Japanese carmaker Toyota led US automobile sales in 2021, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry.  Toyota sold 2.332 million vehicles in the United States in 2021, compared w...
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Hyundai Records 3.89m Global Sales In 2021

Hyundai Records 3.89m Global Sales In 2021

Between January and December 2021, South Korea’s Hyundai Motor Company attained global sales of 3.89 million vehicles, just short of its target of 4 million vehicles.   In a statemen t on Monday, the South Korean automaker also set its 202...
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Fixit45, CFAO Motors Seal Auto Parts Partnership

Fixit45, CFAO Motors Seal Auto Parts Partnership

Buoyed by its continued commitment to enabling and facilitating value-creating interactions across stakeholders in the automotive industry, leading auto tech platform, Fixit45, with its sub-brand, Xparts has partnered with Winpart, a subsidiary of one of Afric...
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BMW Targets 6,000 New Jobs In 2022

BMW Targets 6,000 New Jobs In 2022

BMW plans to create up to 6,000 new jobs next year to prepare for growing demand for its electric vehicles, the carmaker’s chief executive told daily Muenchner Merkur.BMW is on a very good path through the transformation and has its...
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Hyundai Completes $2.62b GTL Plant In Uzbekistan

Hyundai Completes $2.62b GTL Plant In Uzbekistan

Hyundai Engineering has completed construction of GTL (Gas-to-Liquid) plant worth $2.62 billion in Uzbekistan. At the unveiling ceremony were officials from the Uzbekistan government, including President Shavkat Mirziyoyev, Prime Minister Abdulla Ari...
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Hyundai Raises Global EV Sales Target To 1.7m

Hyundai Raises Global EV Sales Target To 1.7m

Hyundai Motor Group has raised its global Electric Vehicle (EV) sales target for 2026 to 1.7 million units from 1 million units.   Hyundai Motor CEO Chang Jae-hoon made the remark in an interview with Automotive News published on Tuesday, s...
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Hyundai Appoints New MD For India

Hyundai Appoints New MD For India

South Korean auto major, Hyundai Motor Company, on Friday appointed Unsoo Kim as the new Managing Director of its India operations with effect from January 1, 2022.  A statement explained that Unsoo Kim, currently with the parent company in...
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Toyota Budgets $35b For Battery Production, Targets 30 EV Models

Toyota Budgets $35b For Battery Production, Targets 30 EV Models

The management of Japanese Toyota Motor Corporation (TMC)has concluded plans to introduce a full lineup of 30 battery electric vehicles by 2030 and will invest four trillion yen ($35 billion) to boost battery production, the company CEO Akio Toy...
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Hyundai To Unveil Six Electric Vehicles

Hyundai To Unveil Six Electric Vehicles

Hyundai Motor Company has concluded plans to invest S$530million by 2028 to launch six electric car models in India, a market where the company is number two player.  “We want to be a key contributor to the electric vehicle story in India,”....
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Kia Partners Autochek On Car Loan, 60 Months Repayment Agenda

Kia Partners Autochek On Car Loan, 60 Months Repayment Agenda

  By Moses Ebosele, ebosele@hotmail.com   — Kia Nigeria has sealed auto finance partnership with Autochek as part of measures to make new vehicle ownership easy and accessible for intending buyers.   Under the arra...
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