Category: Auto

China Overtakes Japan As World’s Top Car Exporter
May 19, 2023 No Responses

China Overtakes Japan As World’s Top Car Exporter

Between January and March 2023, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles.  Japan used to be the world’s leading vehicle exporter, exporting 1.047 million...
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Geely Releases ESG Report
May 13, 2023 No Responses

Geely Releases ESG Report

Geely Automobile Holdings Limited has released its 2022 Environmental, Social and Governance (ESG) report.  City Business News report that in the 2022 report, where 2020 is taken as the baseline, Geely Auto’s lifecycle carbon emissions per vehicle decre...
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Hyundai Delivers 1,021,712 Units  In Three Months
May 13, 2023 No Responses

Hyundai Delivers 1,021,712 Units  In Three Months

By Moses Ebosele, ebosele@hotmail.com  — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe,  a 13.2 percent increase from a year earlier. City Business News report that sales in markets outside o...
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Toyota Appoints CFAO Motors Distributor In Nigeria
May 11, 2023 No Responses

Toyota Appoints CFAO Motors Distributor In Nigeria

By Moses Ebosele, ebosele@hotmail.com Foremost distributor of mobility products and services in Nigeria, CFAO Motors has been appointed as an official distributor of Toyota vehicles in Nigeria.  The appointment positions CFAO Motors as the ...
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Nigeria Approves New Auto Policy
May 11, 2023 No Responses

Nigeria Approves New Auto Policy

The Federal Executive Council (FEC) has approved the new National Automotive Industry Development Plan (NAIDP) 2023. The memo for the plan was presented by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, during this Wednesday FEC meetin...
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Hyundai Reports 336,212 Global Sales In April
May 5, 2023 No Responses

Hyundai Reports 336,212 Global Sales In April

Hyundai Motor Company has announced April 2023 global sales of 336,212 units, a 8.5 percent increase year-over-year. City Business News reports that despite the continued uncertainties in the business environment, the company maintained its robust sales moment...
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Hyundai Wins 19 Design Awards In Multiple Categories
April 28, 2023 No Responses

Hyundai Wins 19 Design Awards In Multiple Categories

Hyundai Motor Company, its Marketing unit and Hyundai Motor Group won a combined 19 prizes, including a ‘Gold’ honor, at the prestigious International Forum (iF) Design Award 2023 in the Product, Professional Concept, Interior Architecture, Communication, ...
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Geely Delivers 1,432,988m Vehicles In 2022, Targets 1.65m Units In 2023
April 18, 2023 No Responses

Geely Delivers 1,432,988m Vehicles In 2022, Targets 1.65m Units In 2023

By Moses Ebosele, ebosele@hotmail.com — For the year 2022, Geely Auto delivered a total of 1,432,988 million vehicles with its higher segment flagship models driving the brand’s growth.  City Business News reports that within the year u...
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Ford Unveils Hands-Free Driving Technology
April 15, 2023 No Responses

Ford Unveils Hands-Free Driving Technology

Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK. BBC report that Ministers have approved the “hands-off, eyes-on” technology for use on certain...
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Kia, Firm Seal Partnership On Reality Of Food Waste 
April 12, 2023 No Responses

Kia, Firm Seal Partnership On Reality Of Food Waste 

Kia Corporation has partnered Dubai-based start-up, The Waste Lab, and launched a three-stage GCC based campaign whilst transforming food waste into healthy compost. A statement sent to City Business News explained that the partnership, commenced at the start ...
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NIPCO: Over 7,000 Vehicles In Nigeria Running On CNG
April 10, 2023 No Responses

NIPCO: Over 7,000 Vehicles In Nigeria Running On CNG

The Nigerian Independent Petroleum Company (NIPCO) has intensified investment in gas infrastructure as part of measures to aid diversification and Nigeria’s energy transition.Briefing Journalists on Sunday during a facility tour of the company, Managing Dire...
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All-New Honda HR-V Debuts In Nigeria
April 7, 2023 No Responses

All-New Honda HR-V Debuts In Nigeria

Honda Automobile Western Africa Limited {HAWA} has unveiled the all-new Honda  HR-V Sports Utility Vehicle (SUV) in Nigeria.  The new generation HR-V is supported by a five-year/100, 000 warranty, in addition to five-year free service including ...
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Auto Policy: Ministry To Seek FEC’s Approval
April 4, 2023 No Responses

Auto Policy: Ministry To Seek FEC’s Approval

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo disclosed on Monday that the ministry will soon submit a new auto policy for the approval of the Federal Executive Council (FEC). The minister said this when the Senior Executive...
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Union Bank, CIG Motors Seal Auto Finance Partnership
April 1, 2023 No Responses

Union Bank, CIG Motors Seal Auto Finance Partnership

Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the Bank’s customers.  The deal, signed at Union Bank’s...
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