Auto Archives — Page 33 of 125

March 11, 2022 No Responses

BMW Triples Pre-Tax Earnings, Vehicle Sales With $17.67b

Foremost auto firm, BMW, more than doubled pre-pandemic earnings in 2021 to 16 billion euros ($17.67 billion), the company said on Thursday, as higher prices and strong sales of top-end cars boosted revenue despite supply chain constraints. The premium carmaker,...

March 11, 2022 No Responses

Edo Delegation Visits ICRC, Explains Agro-Based River Port

Representatives from Edo Government on Wednesday, visit the Infrastructure Concession Regulatory Commission (ICRC) with a view to establishing an agro-based river port. This is contained in a statement issued by Manji Yarling, the Acting Head, Media and ...

March 11, 2022 No Responses

Nissan Appoints Lavanya Wadgaonkar As VP Of Global Communications

Japanese automobile manufacturer, Nissan has promoted divisional GM of global communications, Lavanya Wadgaonkar as its VP of global communications. In her role, Wadgaonkar (pictured) will be responsible for leading all of Nissan’s...

March 8, 2022 No Responses

NADDC Seeks Partnership As Pantami Test Drives New Hyundai Kona

The Director General, National Automotive Design and Development Council (NADDC), Jelani Aliyu has called on the digital economy sector for support and partnership as part of efforts to develop and sustain the automotive industry in Nigeria. ...

March 8, 2022 No Responses

VIN: Auto Dealers Get One Month’s Grace To Clear Vehicles

The Nigeria Customs Service has approved a month grace for the clearance of a backlog of vehicles following recent Customs/Stakeholders town hall meeting held in Lagos on Vehicle Identification Number (VIN)-Valuation. This is to enable clearing of t...

March 5, 2022 No Responses

More Safety Features For Hyundai Creta, Alcazar

Hyundai Motors has concluded plans to standardise certain safety features on the Creta and the Alcazar. These safety features include 6 airbags, Electronic Stability Control with Vehicle Stability Management, and ISOFIX child seat anchorages.&n...

March 5, 2022 No Responses

Kia Targets 14 EVs In Six Years

Kia has unveiled fresh plans to develop new electric cars starting from next year. Kia says it will release two new Electric Vehicles (Evs) in 2023 and build a full line of 14 EVs by 2027. The development mar...

March 4, 2022 No Responses

Ford Budgets $50b For Electric Vehicles In Three Years

Ford Motor Company is to increase its electric vehicle (EV) investment to $50 billion through 2026, up from the previous $30 billion investment till 2025.The automaker aims to produce more than 2 million electric vehicles annually by 2026, representing ab...

March 3, 2022 No Responses

Hyundai Motor To Invest $79.2b ln Eight Years

South Korea’s Hyundai Motor said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together...