Category: Auto

Geely Marks 11th Year On Fortune Global 500 
August 8, 2022 No Responses

Geely Marks 11th Year On Fortune Global 500 

Geely Holding Group has been listed in the 2022 Fortune Global 500 for the 11th consecutive year with a ranking of 229th after its last year’s revenues reached $55.86 billion.   Since first entering the Fortune Global 500 in 2012, Geely...
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Tata Acquires Ford Car Plant In India
August 8, 2022 No Responses

Tata Acquires Ford Car Plant In India

Indian automaker, Tata Motors has agreed to buy a Ford manufacturing plant in the western state of Gujarat for 7.26bn rupees ($91.5m). The deal comes as Tata moves to boost its car production to meet demand.  The deal between Tata’s...
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Hyundai To Raise Stake In Startup
August 7, 2022 No Responses

Hyundai To Raise Stake In Startup

Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a newspaper report has said. Hyundai Motor Group, which houses Hyundai Motor Co and Kia...
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Suzuki Motor: Demand Strong Despite Economic Concerns
August 6, 2022 No Responses

Suzuki Motor: Demand Strong Despite Economic Concerns

Japan’s Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India amid growing concerns about a global economic downturn. The view from Masahiko Nagao, Suzuki’s senior managing executive...
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Ford Trucks To Unveil Zero Emissions Agenda At 2022 IAA
August 4, 2022 No Responses

Ford Trucks To Unveil Zero Emissions Agenda At 2022 IAA

Ahead of the 2022 IAA Transportation, Ford Trucks, on Thursday rolled out its 2022 zero emission agenda.     A statement explained that Ford Trucks, winner of the prestigious IToY Award in Hannover with its F-MAX in 2018, “returns to IAA ...
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Coscharis Secures N1.8b Contract To Supply 60 Ford Ranger
August 4, 2022 No Responses

Coscharis Secures N1.8b Contract To Supply 60 Ford Ranger

The Federal Executive Council on Wednesday approved N2.7 billion contracts for the purchase of operational vehicles and equipment to support security agencies to protect lives and property in the FCT.  A statement issued on Wednesday by Chief Press Secret...
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Toyota Votes $1.8b To Build Electric Vehicles In Indonesia
August 4, 2022 No Responses

Toyota Votes $1.8b To Build Electric Vehicles In Indonesia

Toyota plans to invest $1.80 billion in Indonesia in the next five years to produce electric vehicles (EVs), Indonesia’s economics ministry said.  Indonesia’s chief economics Minister, Airlangga Hartarto explained in a statement that Toyota had invest...
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Stallion Motors Reiterates Support For NAJA Training
August 2, 2022 No Responses

Stallion Motors Reiterates Support For NAJA Training

The management of Stallion Motors Limited, Nigeria’s leading automobile assembler, has described its support for the just concluded Nigeria Auto Journalists’ Annual Training Workshop as an initiative aimed at the development of the nation’s economy via t...
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Oscar Odiboh Tasks Media To Rebuild Auto Industry 
August 2, 2022 No Responses

Oscar Odiboh Tasks Media To Rebuild Auto Industry 

A Senior Lecturer at the Covenant University, Ota, Ogun State, Dr Oscar Odion Odiboh has challenged Automobile Journalists to assist in building the auto industry.   In his presentation at the just concluded Training/Capacity Bu...
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Stallion Group Unveils New Changan CS15 Crossover SUV
August 1, 2022 No Responses

Stallion Group Unveils New Changan CS15 Crossover SUV

Zahav Automobile Company, a subsidiary of Stallion Group has unveiled the all-new Changan CS15 Crossover Sports Utility Vehicle (SUV) for the Nigerian market  Unveiling the sensational Crossover SUV in Lagos at the weekend, Changan Head of Sales and...
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 “Nigeria’s Automotive Sector In Precarious situation”
August 1, 2022 No Responses

 “Nigeria’s Automotive Sector In Precarious situation”

The Nigerian Automotive sector is in a precarious situation and needs urgent attention, Deputy Managing Director of CFAO Motors, Kunle Jaiyesimi has said    Jaiyesimi made the submission at the 7th edition of the Nigeria Auto Journalists Asso...
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Stallion Targets 20% Market Share with MG ZS Crossover
August 1, 2022 No Responses

Stallion Targets 20% Market Share with MG ZS Crossover

Stallion MG has expressed confidence that its recently launched MG ZS would, in 2022, capture between 15% and 20% share of Nigeria’s-SUV market*. Anurag Shah, General Manager, Stallion MG Automobiles Ltd., Nigeria’s official representative of the Briti...
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Weststar, Stallion, Toyota, CFAO Back NAJA Training
July 29, 2022 No Responses

Weststar, Stallion, Toyota, CFAO Back NAJA Training

Weststar Associates Limited, Stallion Motors, Toyota Nigeria Limited and CFAO Motors, have thrown their weight behind this year’s Nigeria Auto Journalists Association (NAJA) Training/Capacity Building Workshop to be held Friday, 29th July, 2022, at the Lagos...
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Hyundai, Kia Join Korean Research Group
July 29, 2022 No Responses

Hyundai, Kia Join Korean Research Group

Hyundai Motor and Kia have signed joint research agreements with six Korean research institutes and formed a consultative body to develop mobility solutions to explore the surface of the moon.   The announcement follows Korea’s successful launch of...
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