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-Class.According to the company, the high-tech production facility at Factory 56 ...
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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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Ford To Invest $1b In South African Operation

Ford To Invest $1b In South African Operation

Ford Motor Company said on Tuesday that it would invest $1.05 billion into its South African manufacturing operations. It will be the biggest investment by the company in the country. The investment will further modernise and expand manufacturing ope...
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Hyundai Declares 57% Increase In Profit

Hyundai Declares 57% Increase In Profit

South Korea’s Hyundai Motor Co has reported  a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars. Hyundai, which together with affiliate Kia Corp...
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BMW To Unveil 25 Electric Products In 2021

BMW To Unveil 25 Electric Products In 2021

Foremost German luxury automotive group, BMW is to has unveil25 electric products in India before the end of 2021.  “As far as our business is concerned, the worst of coronavirus is behind us. In 2020 we saw business shut…This year...
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Renault Unveils Kiger SUV

Renault Unveils Kiger SUV

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Daimler Beats Forecasts In Preliminary 2020 Results

Daimler Beats Forecasts In Preliminary 2020 Results

Mercedes-Benz parent company Daimler on Thursday released preliminary earnings data for 2020 showing higher-than-expected operating profit in a year battered by the coronavirus pandemic.At 6.6 billion euros ($8.0 billion), profit before interest...
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