Category: Auto

Volkswagen Boosts Production Of New Passat, Others With $1.18b
November 17, 2020 No Responses

Volkswagen Boosts Production Of New Passat, Others With $1.18b

Volkswagen plans to invest 1 billion euros ($1.18 billion) in its Slovak plant, including 500 million euros to produce next-generation Passat and Skoda Superb models, VW Slovakia Chairman Oliver Gruenberg said on Monday.The German carmaker’s investment will be in projects across the model range made...
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Nissan Refutes Agenda To Sell 34% Stake In Mitsubishi Motors
November 17, 2020 No Responses

Nissan Refutes Agenda To Sell 34% Stake In Mitsubishi Motors

 Nissan Motor Company  is “absolutely not” in talks to sell its stake Mitsubishi Motors Corp, Nissan’s chief operating officer said on Monday, following a report the carmaker was considering pulling out of its al...
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Lagos Governor Unveils Hyundai Kona, Nigeria’s First Electric Car
November 13, 2020 No Responses

Lagos Governor Unveils Hyundai Kona, Nigeria’s First Electric Car

Moses Ebosele, ebosele@hotmail.com — Nigeria unveiled its first locally assembled Electric car, Hyundai Kona on Friday at  Stallion Group VON Assembly Plant, Lagos State  The vehicle was launched by ...
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Volkswagen Invests $233.5m In New Production Line
November 13, 2020 No Responses

Volkswagen Invests $233.5m In New Production Line

German carmaker Volkswagen AG said on Thursday it will invest $233.5 million in a new production line for motors at a existing plant in central Mexico.“Volkswagen has found in Guanajuato fertile ground for a new generation of economic developme...
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Glamour As Bajaj Unveils RE 250 Superkeke In Nigeria
November 12, 2020 No Responses

Glamour As Bajaj Unveils RE 250 Superkeke In Nigeria

Moses Ebosele, ebosele@hotmail.com — Amidst pomp and pageantry, the world’s largest manufacturer of 3-wheelers, Bajaj Auto on Wednesday in Nigeria unveiled the most superior keke ever seen in Nigeria, the RE 250 along with their exclusive 3- wheeler di...
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Hyundai Unveils Agenda For New SUVs, Urban Air Taxis
November 11, 2020 No Responses

Hyundai Unveils Agenda For New SUVs, Urban Air Taxis

South Korean automaker Hyundai Motor Company  is supercharging its product portfolio next year with the introduction of several new SUVs, while looking even farther out to the launch of its first urban air taxis toward the end of the decade...
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Nissan Plots Digital Course For Car Sales
November 9, 2020 No Responses

Nissan Plots Digital Course For Car Sales

As COVID-19 threw a wrench into the cogs of car retailing, a senior Nissan board member challenged the chief operating officer to explain what the automaker was doing to adapt to a new era where customers may be reluctant to roam showrooms.The...
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Honda Doubles Profit Forecast
November 7, 2020 No Responses

Honda Doubles Profit Forecast

Honda Motor Company on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28 per cent amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic...
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Hyundai Wins 2020 Car Design Award
November 6, 2020 No Responses

Hyundai Wins 2020 Car Design Award

Hyundai Motor Company has been awarded the 2020 Car Design Award in the “Concept Cars” category for its “Prophecy” concept EV, which debuted earlier this year.   Hyundai’s appropriately named concept EV came in first in the “Concept” ca...
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Ford Recalls 375,000 Explorer SUVs
November 6, 2020 No Responses

Ford Recalls 375,000 Explorer SUVs

Ford Motor Company is recalling about 375,000 Explorer SUVs in North America for a part that can break and lead to a crash.The second-largest U.S. automaker said the recall covers some 2013-2017 model vehicles because of a possible fracture of the outboa...
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Nissan Begins SUV Magnite’s Production
November 3, 2020 No Responses

Nissan Begins SUV Magnite’s Production

Nissan on Monday announced the commencement of production of its B-segment Sagnite Sports Utility Vehicle (SUV) for the India market with the first vehicle rolling out from Chennai-based alliance plant.  Unvled on October 21, Nissan Magnite, which will be...
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Hyundai Records 56,605 Sales In October
November 2, 2020 No Responses

Hyundai Records 56,605 Sales In October

For the Month of October, 2020, Hyundai recorded a growth of 13.2% in the Indian domestic sales. According to a statement issued on Sunday, the auto firm sold 50,010 units in the domestic market in the same month last year.The...
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Hyundai Explains New Production Capacity
November 1, 2020 No Responses

Hyundai Explains New Production Capacity

Hyundai Motor India is looking at “augmentation of its production capacity” in the next two months.The company, which has hit 98% peak capacity of 7,20,000 units a year or 60,000 units a month, will watch the market till December before taking...
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Kia Reveals Combat Vehicle Prototype
October 30, 2020 No Responses

Kia Reveals Combat Vehicle Prototype

Kia Motors Corporation has revealed its plans for the development of a new standard platform for next-generation military vehiclesKia Motors plans to start manufacturing prototypes of mid-sized standard vehicles within this year and take the test evaluations b...
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