Category: Auto

Locally Assembled Hyundai Kona Fantastic, Says Osinbajo After Test-Drive
June 17, 2021 No Responses

Locally Assembled Hyundai Kona Fantastic, Says Osinbajo After Test-Drive

By citybusinessnews@yahoo.com — Vice President Yemi Osinbajo has thumped up for the Hyundai Kona Electric Car assembled in Nigeria, describing it as a fantastic machine.   The Nigerian Vice president made the remark on Tuesday after test-driving the car, during his tour...
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Hyundai Accelerates ‘Flying Car’ Efforts
June 15, 2021 No Responses

Hyundai Accelerates ‘Flying Car’ Efforts

Hyundai Motor Co has accelerated efforts around developing “flying cars” and will offer services around those vehicles rather than just selling them, the South Korean automaker’s chief operating officer told Reuters.Hyundai is ahead of t...
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GIG Deploys Electric Vehicles In Nigeria
June 14, 2021 No Responses

GIG Deploys Electric Vehicles In Nigeria

Foremost logistics company, GIG Logistics Limited, has made history by becoming the first fleet company in Nigeria to deploy electric vehicles in its operations. Founded in 2012, GIG Logistics is an arm of the GIG Group, a company that started...
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Hyundai Creta Emerges Top Seller In May, Overtakes Suzuki Swift
June 13, 2021 No Responses

Hyundai Creta Emerges Top Seller In May, Overtakes Suzuki Swift

Hyundai Creta Sports Utility Vehicle (SUV) has emerged as the top seller in May, 2021, in India with 7,527 units, ahead of Suzuki Swift which reported 7,005 units.Swift has been in the top 10 best-seller list since 2008. “Maruti Suzuki do...
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Michelin Announces Price Hike In Africa, India, Middle East
June 9, 2021 No Responses

Michelin Announces Price Hike In Africa, India, Middle East

By citybusinessnews@yahoo.com — French tyre maker, Michelin on Tuesday announced that it will increase prices by up to 6 and 8 percent in Africa, India and Middle East region with effect from June 18, 2021.    Under the arrangem...
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Kia Reveals New Sportage SUV
June 9, 2021 No Responses

Kia Reveals New Sportage SUV

 Kia Corporation revealed on Tuesday the official images of its new Sportage Sports Utility Vehicle (SUV), crafted to inspire customers with its interior and exterior design.The result of collaborative efforts among Kia’s main global design ne...
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Nigeria To Partner Iran On Auto Assembling, Importation Of Tractors
June 8, 2021 No Responses

Nigeria To Partner Iran On Auto Assembling, Importation Of Tractors

Nigeria on Monday expressed willingness to partner with the Islamic Republic of Iran in areas of assembling of automobiles, importation of tractors and agricultural equipment to ease farming.  The Minister of Special Duties and Intergovernmental Affa...
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Auto Dealers Face Fresh Scrutiny Over Smuggling, Underpayments
June 7, 2021 No Responses

Auto Dealers Face Fresh Scrutiny Over Smuggling, Underpayments

By citybusinessnews@yahoo.com  — Car smugglers and marketers of smuggled vehicles should prepare for tougher times, the Nigeria Customs Service (NCS) warned on Monday, June 7, 2021.   Senior personnel of NCS in a chat with City BusinessN...
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Hyundai Unveils All-New Creta SUV In Nigeria
June 6, 2021 No Responses

Hyundai Unveils All-New Creta SUV In Nigeria

By Moses Ebosele, ebosele@hotmail.com  —  Hyundai Motors Nigeria has launched its all-new CRETA Sports Utility Vehicle (SUV) in Nigeria with a redesigned shape set to create unparalleled driving experiences for customers. ...
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Rolls-Royce ‘Boat Tail’: Counterpoint To Industrialised Luxury
June 6, 2021 No Responses

Rolls-Royce ‘Boat Tail’: Counterpoint To Industrialised Luxury

“We are proud to unveil Rolls-Royce Boat Tailto the world,and with it, the confirmation of coachbuilding as a permanent fixture within our future portfolio.  “Historically, coachbuilding had been an integral part of the Rolls-Royce story.  I...
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Toyota Restructures, Expands Venture Fund
June 4, 2021 No Responses

Toyota Restructures, Expands Venture Fund

Toyota Motor Corporation  is rebranding its corporate investment arm as Toyota Ventures and adding two early-stage funds, including one focused on investing in startups developing solutions for climate change and carbon neutrality...
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Kia Delivers 11,050 Units In May
June 2, 2021 No Responses

Kia Delivers 11,050 Units In May

 Kia India, a subsidiary of Kia Corporation, sold 11,050 units in May 2021. On a month-on-month basis the company saw 31% decline in sales as its April sales were at 16,111 units.Sales of Kia Sonet were at 6,627 units. It was followed by Seltos...
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Hyundai Targets One Million Electric Vehicles By 2025
May 29, 2021 No Responses

Hyundai Targets One Million Electric Vehicles By 2025

 Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs).   According to Reuters report, the move will result in a 50% reduction in m...
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Ford CEO: Electric Vehicle Demand Will Transform Industry
May 24, 2021 No Responses

Ford CEO: Electric Vehicle Demand Will Transform Industry

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery-powered vehicles.Jim Farley, the company’s new CEO, calls the introduction of an elect...
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