Q1: Toyota Outsells GM In the US

Q1: Toyota Outsells GM In the US

United States automakers reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold the company...
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All-Electric Rolls-Royce Spectre Concludes Winter Testing

All-Electric Rolls-Royce Spectre Concludes Winter Testing

All-electric Rolls-Royce concludes winter testing 55km from Arctic Circle  According to Rolls-Royce, Spectre endures -40˚C temperatures at specialist facility in Arjeplog, Sweden  25% of 2.5 million km testing programme, simulating 400 years of use,...
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Mercedes-Benz Puts 5,600 Workers On Vacation

Mercedes-Benz Puts 5,600 Workers On Vacation

Mercedes-Benz Group will put more than five thousand workers on collective vacation in two plants in Brazil due to the shortage of semiconductor chips, the company said on Monday.The production stoppage will happen from April 18 to May 3 and...
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Ford Recalls 737,000 Vehicles

Ford Recalls 737,000 Vehicles

Ford Motor Co is recalling 737,000 vehicles in the United States over a part that could develop an oil leak and a software error that could hinder braking, it said on Friday.The automaker is recalling 345,451 of its 2020-2022 Ford...
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Innoson To Establish Vehicle Manufacturing Plant In Owerri

Innoson To Establish Vehicle Manufacturing Plant In Owerri

Innoson Vehicles Manufacturing (IVM) has concluded plans to establish another manufacturing plant in Owerri, Imo State. Chairman, Innoson Group , Innoson Group, Chief Innocent Chukwuma, , made the disclosure when he received members of the Correspondents’ Ch...
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CIG Motors Partners Lotus Bank On Auto Finance

CIG Motors Partners Lotus Bank On Auto Finance

As part of measures to make vehicle acquisition easier and more affordable to all prospective, CIG Motors has entered into a partnership with Lotus Bank. The scheme, ‘Rent to Win’, the two organisations said, is aimed at reducing the number...
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Toyota Rolls Out 884,528 Vehicles In February

Toyota Rolls Out 884,528 Vehicles In February

Parts supply disruptions continued to affect Japanese automakers’ global production for February, but the results released by Toyota showed a clear contrast.  Toyota said its group, including Daihatsu and Hino Motors, produced 884,528 vehicles globa...
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Hyundai, Saudi Aramco To Develop Eco-Friendly Vehicle Engine

Hyundai, Saudi Aramco To Develop Eco-Friendly Vehicle Engine

Hyundai Motor Group disclosed on Wednesday it will collaborate with Saudi Aramco and a Saudi Arabian university to jointly develop an environment-friendly fuel and engine for vehicles.  Hyundai, Aramco, and King Abdullah University of Science an...
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CIG Motors, Polaris Bank Seal Auto Finance Partnership  

CIG Motors, Polaris Bank Seal Auto Finance Partnership  

By Moses Ebosele, ebosele@hotmail.com     Representative of GAC brand in Nigeria, CIG Motors has sealed partnership with Polaris Bank as part of measures to make vehicle acquisition and ownership affordable to Nigerians.   Sp...
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Hyundai Nigeria Unveils New Elantra, Santa Fe

Hyundai Nigeria Unveils New Elantra, Santa Fe

Hyundai Nigeria Limited on Friday launched new Santa Fe Sports Utility Vehicle (SUV) and Elantra saloon into the nation’s market.    The improved Santa Fe is available in 3.5lit (8 speed) and 2.5lit (6 speed) variants while the 7th generation ...
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Stallion Rolls Out 100,000th Bajaj Keke In Nigeria

Stallion Rolls Out 100,000th Bajaj Keke In Nigeria

In less than two years, Stallion Auto Keke Limited (SAKL), a member of Stallion Group and Nigeria’s sole distributor of Bajaj 3-wheelers & 4-wheelers, has rolled out 100,000 Bajaj Keke into the nation’s tricycle market.      &n...
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Osinbajo Inaugurates Toyota Service Centre In Lagos 

Osinbajo Inaugurates Toyota Service Centre In Lagos 

The Vice President, Yemi Osinbajo, on Monday inaugurated the state-of-the-art Toyota Service and Research Facility in Lagos State.   Osinbajo also applauded the Managing Director, Toyota Nigeria Limited, Mr Kunle Ade-Ojo, as well as its board an...
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Toyota Suspends 18 Assembly Lines

Toyota Suspends 18 Assembly Lines

Japanese manufacturers began restarting production at plants in the country’s quake-hit northeast, but Toyota Motor Corporation said it plans to idle 18 assembly lines for a few days this week due to a shortage of parts from suppliers.On one ha...
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VW Joins Sustainable Mining Initiative

VW Joins Sustainable Mining Initiative

 Volkswagen has joined a group that sets environmental and social standards in mining as the world’s No.2 carmaker steps up efforts ensure its raw materials are sustainable, especially in electric vehicles (EVs).Big companies have com...
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