Category: Auto

Hyundai Motor Delivers 334,794 Units In  August
September 12, 2022 No Responses

Hyundai Motor Delivers 334,794 Units In  August

By Moses Ebosele, ebosele@hotmail.com  — For the month of August, 2022, Hyundai Motor Company recorded global sales of 334,794 units, an increase of 11.6 per cent when compared with the same period last year.  According to the company, in markets outside of Korea,...
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NAJA Appoints Adebanjo As Acting Chairman   
September 7, 2022 No Responses

NAJA Appoints Adebanjo As Acting Chairman   

The Nigeria Auto Journalists Association (NAJA), the umbrella body of journalists covering the automotive sector, has appointed its Vice Chairman, Tajudeen Adebanjo as Acting Chairman following the suspension, last Friday, of the chairman, Mike Ochonma.  ...
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Jelani Canvasses Support For Auto Policy
September 7, 2022 No Responses

Jelani Canvasses Support For Auto Policy

Director-General, National Automotive Design and Development Council (NADDC), Jelani Aliyu has said the auto policy is working.   Aliyu, who was a guest of the Nigeria Television Authority (NTA)  during the network news on Saturday said: It...
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Nissan To Leverage US Tax Credit On Electric Vehicles
September 3, 2022 No Responses

Nissan To Leverage US Tax Credit On Electric Vehicles

Nissan will more aggressively push electric vehicles to take advantage of a new US law that gives up to $7,500 in tax credits, the Japanese automaker said on Friday. President Joe Biden signed the landmark climate change and health care bill into...
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Ford Recalls 198,000 SUVs Over Fire Risks
September 2, 2022 No Responses

Ford Recalls 198,000 SUVs Over Fire Risks

Ford Motor is recalling 198,000 SUVs in the United States to replace a blower motor assembly after reports of 25 fires, it said on Thursday. Reuters report that the recall covers 2015-2017 model year Ford Expedition and Lincoln Navigator vehicles....
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Geely Secures $400m To Accelerate Green Transformation
August 31, 2022 No Responses

Geely Secures $400m To Accelerate Green Transformation

Geely Automobile Holdings has become the first Chinese automaker to secure an overseas sustainable club loan.   Information obtained by City Business News on Tuesday explained that the three-year $400 million facility will be used to support Geely Au...
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Hyundai, Kia Sign Patent License Agreement With Avanci
August 29, 2022 No Responses

Hyundai, Kia Sign Patent License Agreement With Avanci

Avanci has signed patent license agreements with Hyundai Motor Company and Kia Corporation, increasing the total number of automotive brands licensed through Avanci to 45.   Connected vehicles from the Genesis, Hyundai and Kia brands receive licenses...
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Kia EV9 Undergoes Final Technical Testing
August 27, 2022 No Responses

Kia EV9 Undergoes Final Technical Testing

Kia has revealed details of the final intensive testing program undertaken by the Kia EV9 ahead of its world debut in 2023.   According to Kia, the all-electric Kia EV9 will become the brand’s flagship model and will revolutionize the large...
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Nigeria Partners Israel, Japan On Manufacturing Of Electric Vehicles
August 27, 2022 No Responses

Nigeria Partners Israel, Japan On Manufacturing Of Electric Vehicles

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Israeli and Japanese companies to commence assembling and manufacturing environmentally friendly, green, electric and smart automobiles by 2023. The National Agency for Scie...
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Ford To Cut 3,000 Jobs
August 23, 2022 No Responses

Ford To Cut 3,000 Jobs

Ford Motor Company said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.  The cuts will come primarily in the US, while some positions...
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Geely Delivers 613,845 Vehicles In Six Months
August 19, 2022 No Responses

Geely Delivers 613,845 Vehicles In Six Months

Geely Automobile Holdings, the Hong Kong-listed entity in which Zhejiang Geely Holding Group is the lead shareholder, on Thursday, released its 2022 Half-Year performance, indicating significant progress in the premium market segments....
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Toyota Suspends Operations At Sichuan Plant
August 17, 2022 No Responses

Toyota Suspends Operations At Sichuan Plant

Toyota Motor Corp has suspended operations at its plant in China’s Sichuan province after local authorities issued an order to conserve electricity. Toyota’s joint venture plant in the city of Chengdu has ceased operations until Saturday, a company spokesp...
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Hyundai Ranks Third In Global Vehicle Sales In 2022 First Half
August 16, 2022 No Responses

Hyundai Ranks Third In Global Vehicle Sales In 2022 First Half

South Korea’s Hyundai Motor Group on Monday said it positioned third in the first half of global vehicle deals on increased top-of-the-line model deals notwithstanding the absence of semiconductor chips. Hyundai Motor, its independent Genesis brand and ...
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Lagos, CIG Motors Target 5,000 Annual Vehicle Production 
August 12, 2022 No Responses

Lagos, CIG Motors Target 5,000 Annual Vehicle Production 

The Lagos State Government has partnered with the Choice International Group (CIG) Motors on the establishment of an Automobile Assembly Plant in the state.  Speaking during the inspection of the assembly plant in Ogba area of the state, Gov. Babajide...
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