Afreximbank, Association Sign MoU To Promote Automotive Industry In Africa

Afreximbank, Association Sign MoU To Promote Automotive Industry In Africa

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. A joint statement issued by both organisations on Thursday...
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Global Premiere Of New Skoda Kushaq Holds March 18

Global Premiere Of New Skoda Kushaq Holds March 18

Skoda Auto India head Zac Hollis on Wednesday took to Twitter to announce that the Skoda Kushaq will be premiered on March 18. The Skoda Kushaq is the Czech automaker’s first Made-for-India car.The Skoda Kushaq was christened back in January a...
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Jaguar Land Rover To Sack 2,000 Workers

Jaguar Land Rover To Sack 2,000 Workers

The management of Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 203...
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FG To Establish Automotive Industrial Parks In Nnewi, Ede, Kaduna

FG To Establish Automotive Industrial Parks In Nnewi, Ede, Kaduna

The Director General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, on Tuesday said the Federal Government will  establish Automotive Industrial Parks in three states to promote local production of v...
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Jaguar Car Brand To Be All-Electric By 2025

Jaguar Car Brand To Be All-Electric By 2025

Jaguar Land Rover’s Jaguar brand will be all-electric by 2025, the carmaker has said.  The company will launch electric models of its entire Jaguar and Land Rover line-up by 2030, it added.  The firm said it would keep all three...
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Mercedes-Benz Crosses 50m Vehicle Production Landmark

Mercedes-Benz Crosses 50m Vehicle Production Landmark

Mercedes-Benz  family has achieved the milestone of producing fifty million vehicles globally.    The foremost auto firm explained at the weekend  that the fifty millionth car produced is the new Mercedes-Maybach S-...
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Electric Cars: Autoworkers Face Uncertain Future

Electric Cars: Autoworkers Face Uncertain Future

When General Motors boldly announced its goal last month to make only battery-powered vehicles by 2035, it didn’t just break from more than a century of internal combustion engines. It also clouded the future for 50,000 GM workers whose jobs could beco...
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Volkswagen Explores Flying Cars

Volkswagen Explores Flying Cars

Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest automaker said on Tuesday, joining a growing number of companies looking into the potential technology.“Beyond autonomous driving the conc...
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Kia Redefines Agenda, Long-Term Growth

Kia Redefines Agenda, Long-Term Growth

South Korean carmaker Kia announced an update of its ‘Plan S’ strategy for its future business at the 2021 CEO Investor Day, held digitally on Tuesday in Seoul.The renewed Plan S strategy is underpinned by three core pillars: advancing electri...
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Range Rover Sport Crosses One Million Sales Milestone

Range Rover Sport Crosses One Million Sales Milestone

Land Rover is celebrating the one-millionth sale of its Range Rover Sport, the company said in a statement on Tuesday.   The company marked the occasion with a commemorative film highlighting some of the famous landmarks this luxury perform...
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Report: Toyota Won More Patents In 2020 Than Any Other Automaker

Report: Toyota Won More Patents In 2020 Than Any Other Automaker

For the year 2020, the United States Patent and Trademark Office awarded slightly fewer patents than in 2019,according to the Intellectual Property Owners Association.  But, one thing remained the same: Toyota was granted more patents than any o...
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Hyundai Reiterates Commitment To Protect Jobs

Hyundai Reiterates Commitment To Protect Jobs

The management of Hyundai Motor will reshore some of its manufacturing operations in the United States to help maintain work for its employees at home, its union said on Saturday.Under an agreement reached between the company and the union, production...
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Nigeria Pledges Support For Hyundai Kona,Begins Construction Of  Solar Power Charging Stations

Nigeria Pledges Support For Hyundai Kona,Begins Construction Of Solar Power Charging Stations

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Minister of Industry, Trade and Investment, Otunba Niyi Adebayo has congratulated Stallion Group and its subsidiary, Hyaundai Nigeria for introducing the first Electric Vehicle&nbs...
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Electric Vehicle Sales Surge In EU

Electric Vehicle Sales Surge In EU

Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented hit from the Covid-19 pandemic, the European Automobile Manufac...
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