Category: Auto

Nissan, Suzuki To Curtail Production In June
May 23, 2021 No Responses

Nissan, Suzuki To Curtail Production In June

A global chip shortage is forcing Nissan Motor Co and Suzuki Motor Corp to temporarily halt production at some plants in June, sources with direct knowledge of the plans told Reuters.Nissan Motor Co will idle its factory in Kyushu, southern Japan, for three days on June...
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Coscharis Unveils New Vehicle Finance Scheme
May 22, 2021 No Responses

Coscharis Unveils New Vehicle Finance Scheme

By citybusinessnews@yahoo.com — Coscharis Mobility Limited, a subsidiary of Coscharis Group has unveiled new vehicle finance scheme in partnership with Coscharis Motors.    Unlike the conventional vehicle finance usually midwifed by b...
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South Africa Unveils Electric Vehicle Manufacturing Agenda
May 21, 2021 No Responses

South Africa Unveils Electric Vehicle Manufacturing Agenda

As part of measures to increase the country’s competitiveness in the global automotive market, the South African Government has launched a public consultation on how to boost domestic production of electric vehicles (EVs).  Already, the Department o...
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Coscharis Extends Renault Giveaway Promo
May 20, 2021 No Responses

Coscharis Extends Renault Giveaway Promo

Foremost automobile company and sole distributor of Renault brand in Nigeria, Coscharis Motors has announced the extension of its Renault giveaway promo.  The promo which was earlier scheduled to run till the end of April has now been extended to...
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All-New Kia K5 Settles In Nigeria, Displays Attributes
May 20, 2021 No Responses

All-New Kia K5 Settles In Nigeria, Displays Attributes

The K5 luxury sedan since its launch in Nigeria has continued to wow and creates head-turning experiences to people across the country. It’s wide acceptance and awe are a testament to Kia’s commitment to design, quality, and the ownership experience...
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Jaguar Land Rover Explains $1b Loss
May 19, 2021 No Responses

Jaguar Land Rover Explains $1b Loss

Jaguar Land Rover’s (JLR) owner Tata Motors announced a surprise quarterly loss of more than $1bn (£700m). It came as the Indian company wrote off $2.05bn related to its revamp of the UK-based luxury car business.  It also warned that...
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Hyundai, Kia To Suspend Plants
May 15, 2021 No Responses

Hyundai, Kia To Suspend Plants

Hyundai Motor and its affiliate Kia said on Friday they will suspend some of their assembly lines for several days next week due to semiconductor shortages.Hyundai Motor plans to halt the No. 5 Ulsan plant, which produces the Tucson sport utility vehicle an...
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Hyundai To Invest $7.4b In Electric Cars, Expansion
May 14, 2021 No Responses

Hyundai To Invest $7.4b In Electric Cars, Expansion

South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.The announcement came b...
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Jaguar Land Rover’s Fourth Quarter Is ‘Good News’, Says CEO
May 13, 2021 No Responses

Jaguar Land Rover’s Fourth Quarter Is ‘Good News’, Says CEO

Jaguar Land Rover’s (JLR) fourth-quarter results next week will be “good news” and the carmaker is open to doing more in partnership with other companies, including going further on an existing relationship with BMW, its boss said on Wednesda...
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University Dons Laud Coscharis Group On Assembly Plant
May 10, 2021 No Responses

University Dons Laud Coscharis Group On Assembly Plant

Foremost auto dealer, Coscharis Motors, a subsidiary of Coscharis Group has been commended for developing local contents in reference to the local assembly plant located in their group head office in Lagos.   This commendation came up during the rece...
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India Tops Vehicle Imports Into South Africa
May 9, 2021 No Responses

India Tops Vehicle Imports Into South Africa

Between January and December 2020, India was the top country of origin for vehicle imports into South Africa despite COVID-19 lockdowns and overall declines in vehicle sales.  The Automotive Export Manual report unveiled at the weekend by the Au...
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BMW Confirms 2021 Outlook
May 9, 2021 No Responses

BMW Confirms 2021 Outlook

BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, the German carmaker ha said, having largely steered clear of the semiconductor chip shortage battering rivals like Volkswagen.Volkswagen boss Herbert Di...
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SHACMAN Fire Truck Debuts
May 7, 2021 No Responses

SHACMAN Fire Truck Debuts

To address the issues of the recent rampant fire outbreak across states, Transit Support Services (TSS), has introduced SHACMAN Fire Trucks. SHACMAN fire trucks which was added to SHACMAN Nigeria range ofproducts; tractor heads, dump/tipper trucks, mixer and l...
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Renault Unveils New Logo
May 7, 2021 No Responses

Renault Unveils New Logo

Renault on Thursday unveiled its new brand identity. The previous iteration was created in 1992 and was re-worked in 2015. According to Renault, its recently unveiled logo is more modern and vibrant, and it serves a key purpose: to portray the Renaul...
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