Auto – Page 114 – City Business News

April 27, 2019 No Responses

Peugeot Maker, PSA Group Explains Drop In Revenue

Peugeot maker, PSA Groupe has reported a 1.1 percent decline in revenue, as falling overseas sales outweighed pricing improvements in the first quarter. According to the Group, revenue fell to 17.98 billion euros ($20.05 billion) in January-March from 18.2 billion a year earlier,...

April 21, 2019 No Responses

Toyota, Firm Invest $1b In Uber

Japan’s top automaker Toyota, auto parts maker Denso and internet company SoftBank‘s investment fund are investing $1 billion in car-sharing Uber‘s technology unit. The Japanese companies said Friday that Toyota Motor...

April 20, 2019 No Responses

Easter: FRSC Boss Seeks Attitudinal Change

As Nigeria joins the rest of the world to observe this year’s E8aster celebration, the Corps Marshal of the Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has called for deep reflection by Christian faithful on the need to show...

April 20, 2019 No Responses

Ford Ranger To Attain $1b Profit

Ford Motor Co’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official has said. According to the company, the proposed increase in earnings...

April 19, 2019 No Responses

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020 with more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on ...

April 18, 2019 No Responses

New Ford Ranger Demonstrates Strength, Innovations

Ford has gone further in the ultra-competitive light commercial vehicle (LCV) segment with the launch of the New Ranger for 2019. The new Ranger was launched in Pretoria, South Africa, recently. Featuring an extensive range of mechanical, technological, featur...

April 17, 2019 No Responses

Daimler Gets New SUV Lineup

Daimler AG Chief Executive Officer, Dieter Zetsche has disclosed that the German automaker would add a new compact Sports Utility Vehicle (SUV) to its lineup later this year. Zetsche, who spoke at an event in Shanghai, China exp...

April 10, 2019 No Responses

Mercedes-Benz Sales Hit 560,873 Units In Three Months

Mercedes-Benz closed the first quarter of 2019 with 560,873 passenger cars sold worldwide. The foremost auto firm explained that for the third year in a row, sales in the first quarter were therefore well over 550,000 units. In March, 227,644...

April 9, 2019 No Responses

Massilia Motors Unveils New Mitsubishi L200 Pickup

In its bid to continuously satisfy its teeming customers in Nigeria, Massilia Motors, sole distributor of Mitsubishi vehicles in Nigeria and a joint venture between CFAO and CHANRAI Group, has revealed the all new Mitsubishi L200 Pickup. Unveiled in an.....

April 9, 2019 No Responses

Nissan Shareholders Remove Ghosn From Board

Nissan shareholders have voted to oust the company’s former boss Carlos Ghosn from its board. The decision to sever ties with Mr Ghosn was made at a an extraordinary shareholders meeting held on Monday. Mr Ghosn was re-arrested in Tokyo...

April 8, 2019 No Responses

Suzuki Unveils New Motorcycle

Suzuki Motorcycle has introduced 2019 edition of Intruder in India.Powered with 155cc SEP engine, the new Intruder is equipped with the updated gear shift design and improvised brake pedal for superior ergonomics and overall ride comfort, the company said...

April 3, 2019 No Responses

US Probes Hyundai, Kia

United States safety authorities will investigate nearly three million Hyundai and Kia vehicles over fires, in a move which could prompt mass recalls. The inquiry by the National Highway Traffic Safety Administration (NHTSA) follows thousands of complaints abo...

April 3, 2019 No Responses

BYD Unveils World’s Longest Electric Bus

Chinese automobile maker BYD has launched world’s first 27-m pure electric bi-articulated bus K12A at the company’s headquarters in Shenzhen. With a passenger capacity of 250 people, it is the longest pure electric bus in the...

March 29, 2019 No Responses

Tata Delivers 1.1m Vehicles In 2018

For the year 2018, Tata Motors sold 1.049 million units. Tata Motors has become the first Indian automaker to cross the one-million-sales mark, beating Chinese giants Changan and SAIC, to be the world’s 16th largest light vehicles company. Tata Motors s...

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Category: Auto