Category: Auto

Thailand Approves Tax Breaks For Electric Vehicles
February 24, 2022 No Responses

Thailand Approves Tax Breaks For Electric Vehicles

Thailand’s cabinet has approved tax incentives to promote a shift to electric vehicles (EVs), and to attract “high potential” foreigners to help boost the economy, the finance minister said.Reuters report that the vehicle tax measures include reducing import duty this year and...
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Toyota Delivers 239,723 Units In Thai, Targets 284,000 In 2022 
February 21, 2022 No Responses

Toyota Delivers 239,723 Units In Thai, Targets 284,000 In 2022 

The Thai unit of Toyota Motor Corporation expects its car sales in the Southeast Asian country to rise 18.5% to 284,000 vehicles this year.  Reuters report that Toyota, which commands about a third of the Thai vehicle market, recorded sales...
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Kia Unveils Carens In 19 Variants
February 20, 2022 No Responses

Kia Unveils Carens In 19 Variants

Kia India has announced the launch of its fourth and latest ‘Made-for-India’ offering, the three-row recreational vehicle, Carens.   The highly anticipated model is available in five trims, three engine, and three transmission options.  With...
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NAJA Reelects Ocheoma As Chairman
February 19, 2022 No Responses

NAJA Reelects Ocheoma As Chairman

The Nigerian Auto Journalists Association (NAJA) has reelected Mike Ocheoma of Business AM Newspaper as Chairman to pilot the affairs of the association for another three years.   In the keely contested election held in Lagos on Friday, Ocheoma emerged ...
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NADDC Trains 70 Auto Technicians   
February 12, 2022 No Responses

NADDC Trains 70 Auto Technicians   

The National Automotive Design and Development Council (NADDC), has trained 70 automobile technicians in North East.  Speaking at the closing ceremony of the 14-day training exercise on Friday in Bauchi, the Coordinator, Prof. Ismaila Shehu explained that...
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Toyota Quarterly Profit Beats Estimates 
February 11, 2022 No Responses

Toyota Quarterly Profit Beats Estimates 

Toyota has declared a forecast-beating net profit of $6.8 billion for the three months to December, even as a global chip crunch and a pandemic-driven parts shortage forced production cuts.AFP report that the Japanese auto giant, which kept its crown as...
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Hyundai Santa Fe Gets Large SUV Award
February 8, 2022 No Responses

Hyundai Santa Fe Gets Large SUV Award

The Hyundai Santa Fe has been hailed ‘Large SUV of the Year’ in the prestigious 2022 What Car?  of the Year Awards. The What Car? judges also named the Hyundai i10 ‘Best Small Car for the City’ and the Hyundai TUCSON...
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Hyundai Delivers 44,022 Units In January
February 3, 2022 No Responses

Hyundai Delivers 44,022 Units In January

Hyundai Motor India Ltd (HMIL), on Wednesday, reported a decline of 15.35% in its domestic sales to 44,022 units in January 2022. The company had sold 52,005 units in January 2021. Hyundai Motor India  exported 9,405 units in January 2022, ...
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2021:Toyota Widens Lead On Volkswagen, Records 10.5m Sales
January 29, 2022 No Responses

2021:Toyota Widens Lead On Volkswagen, Records 10.5m Sales

Japan’s Toyota Motor Corporation said on Friday its vehicle sales rose by 10.1% last year, making it the world’s biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany’s Volkswagen. The carmaker...
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Daimler AG To Rebrand As Mercedes-Benz Group
January 29, 2022 No Responses

Daimler AG To Rebrand As Mercedes-Benz Group

Daimler AG will be formally renamed Mercedes-Benz Group AG on Tuesday — nearly a year after the spin-off of its truck and bus division was announced — in a move its boss hopes will unlock shareholder value for the premium-car...
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Nissan Alliance To Invest $25b In Electric Vehicles  
January 28, 2022 No Responses

Nissan Alliance To Invest $25b In Electric Vehicles  

The Nissan auto alliance said Thursday it will invest more than $25 billion in electric vehicles over the next five years, marking the latest massive cash injection into the fast-growing sector by the auto industry.Nissan, Renault...
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Hyundai Creta Tops SUV Exports
January 27, 2022 No Responses

Hyundai Creta Tops SUV Exports

Hyundai Motor India exported 32,799 units of the Creta SUV in 2021, making it the most exported SUV in India and registering a growth of 26.17 percent.     In total, Hyundai Motor India Limited exported 42,238 SUVs. Hyundai exported 25,995 ...
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Hyundai Motor Partners Quantum Computer On Battery Development
January 22, 2022 No Responses

Hyundai Motor Partners Quantum Computer On Battery Development

Quantum computer maker, IonQ Incorporated has sealed partnership with Hyundai Motor on the use of quantum computers to develop more effective batteries.  A statement explained that the partnership will create a battery chemistry model to simulate the...
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Jelani, Kunle Ade.Ojo To Unveil Diverse Autocare Centre
January 21, 2022 No Responses

Jelani, Kunle Ade.Ojo To Unveil Diverse Autocare Centre

All is now set for the formal commissioning of Diverse Autocare Centre on 11th February, 2022 in Benin City, Edo State. Scheduled to unveil the facility are the DirectorGeneral, National Automotive Design and Development Council (NADDC), Jelani Aliyu &nbs...
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