Category: Auto

Hyundai India Delivers 51,600 Units In February
March 2, 2021 No Responses

Hyundai India Delivers 51,600 Units In February

For the month of February, 2021, Hyundai Motor India on Monday reported growth of 29% in domestic sales at 51,600 units, against 40,010 units in the same month last year.Exports were up by 14.6% to 10,200 units in February 2021 over February 2020 when...
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Hyundai To Strengthen SUV Lineup
March 1, 2021 No Responses

Hyundai To Strengthen SUV Lineup

South Korea Auto Firm,  Hyundai Motor has concluded plans to further consolidate its Sports Utility Vehicle (SUV)portfolio in India.   The company, which is the second largest passenger vehicle maker in the country, is a...
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Toyota Develops New Fuel Cell System
February 28, 2021 No Responses

Toyota Develops New Fuel Cell System

Toyota Motor Corporation has developed a packaged fuel cell system module, as it hopes to expand its usage and accessibility of the zero-emission technology amid the industry‘s shift towards electric vehicles (EVs).The world’s bigges...
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Despite Covid-19, Volkswagen Reports $10.7b Profit In 2020
February 27, 2021 No Responses

Despite Covid-19, Volkswagen Reports $10.7b Profit In 2020

For the 2020 financial year,  Volkswagen disclosed on Friday that it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax despite the pandemic.    The world’s No. 2 automaker said the rapid recovery of ...
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Suzuki Motor Chairman Retires At 91
February 26, 2021 No Responses

Suzuki Motor Chairman Retires At 91

Suzuki Motor Corp‘s 91-year old chairman, Osamu Suzuki, announced he will retire in June, stepping aside for a new leader to navigate the shift to electric cars and fight off competition from tech giants such as Tesla and Apple.The company...
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Hyundai IONIQ 5 Redefines Electric Mobility Lifestyle
February 25, 2021 No Responses

Hyundai IONIQ 5 Redefines Electric Mobility Lifestyle

Hyundai Motor Company has launched the IONIQ 5 midsize CUV during a virtual world premiere event. As the first model in Hyundai’s new IONIQ brand dedicated to battery electric vehicles (BEV), IONIQ 5 sets the benchmark to redefine the electric mobility....
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Hyundai Nigeria Unveils 2021 Hyundai Grand i10 Sedan, Petrol Kona
February 23, 2021 No Responses

Hyundai Nigeria Unveils 2021 Hyundai Grand i10 Sedan, Petrol Kona

Stallion Hyundai Motors Nigeria has unveiled locally assembled petrol-powered Hyundai Kona and all new 2021 Hyundai Grand i10 Sedan as part of measures to provide options to Hyundai Kona Electric Vehicle (EV) customers.   The company had late last ye...
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Hyundai Signs Electric Vehicle MoU With Multiple Stakeholders
February 20, 2021 No Responses

Hyundai Signs Electric Vehicle MoU With Multiple Stakeholders

The management of Hyundai Motor Company has signed a memorandum of understanding (MoU) to work with the South Korean government along with logistics, battery and mobility companies for electric vehicle (EV) battery leasing, use and reuse business.The carmake...
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Michelin Explains Drop In Sales, Grip On Profit
February 19, 2021 No Responses

Michelin Explains Drop In Sales, Grip On Profit

French tyre manufacturer, Michelin, has explained that it remained profitable in 2020 despite a pandemic-induced drop in sales, thanks in part to prices dropping on raw ma taking a hit worldwide, Michelin also saw its sales drop by 15 ...
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Afreximbank, Association Sign MoU To Promote Automotive Industry In Africa
February 19, 2021 No Responses

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 o...
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Global Premiere Of New Skoda Kushaq Holds March 18
February 18, 2021 No Responses

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
February 18, 2021 No Responses

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
February 17, 2021 No Responses

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
February 16, 2021 No Responses

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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