Category: Auto

Nigeria Issues Red Alert On Substandard Toyota Engine Oil
June 26, 2020 No Responses

Nigeria Issues Red Alert On Substandard Toyota Engine Oil

The Standards Organisation of Nigeria (SON) has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in the Nigerian market. In a statement on Friday, SON Director-General, Osita Aboloma, explained that the suspected substandard...
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Peugeot CEO: Merger With Fiat Chrysler On Track
June 26, 2020 No Responses

Peugeot CEO: Merger With Fiat Chrysler On Track

 Peugeot maker, PSA’s boss, Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros ($4.2 billion).“The timetable of ...
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Toyota Explains $293m Stake In Uber
June 25, 2020 No Responses

Toyota Explains $293m Stake In Uber

Toyota Motor Corp holds a $293 million stake in Uber Technologies, as it partners with the ride-hailing company to further expand into new mobility services, Toyota’s latest corporate governance report has revealed.The Japanese automaker has al...
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Nissan Unveils Four-Year Business Agenda For Africa, Middle East
June 25, 2020 No Responses

Nissan Unveils Four-Year Business Agenda For Africa, Middle East

Nissan Group of Africa, Middle East and India (AMI) on Wednesday unveiled a comprehensive four-year strategy for the region.Under the company’s Global Transformation Plan, the AMI strategy is developed around two areas of rationalization, and prioritiza...
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Volkswagen Explores Acquisition Of Car Rental Group
June 24, 2020 No Responses

Volkswagen Explores Acquisition Of Car Rental Group

Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet.The acquisition would come as Europcar struggles to cope with the economic fallout ...
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Vikram Pawah To Lead BMW In India, Australia, New Zealand
June 22, 2020 No Responses

Vikram Pawah To Lead BMW In India, Australia, New Zealand

BMW Group India has appointed Vikram Pawah as the President, effective from 1st August 2020. He will also continue in his present role of CEO of BMW Group Australia and New Zealand.Vikram Pawah has been with luxury car giant since 2017 and he...
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BMW, Mercedes Suspend Automated Driving Alliance
June 21, 2020 No Responses

BMW, Mercedes Suspend Automated Driving Alliance

Daimler has put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW.“Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate o...
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New Kia Sorento SUV Arrives In Nigeria
June 20, 2020 No Responses

New Kia Sorento SUV Arrives In Nigeria

The all-newKia Sorento Sports Utility Vehicle (SUV) has arrived in Nigeria.  A specia notice issued by Kia Motors Nigeria on Friday said: “Nigeria’s favourite family SUV has just arrived. The all-new 2020 Kia Sorento will hit the showrooms so...
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New BMW M5 Debuts
June 19, 2020 No Responses

New BMW M5 Debuts

 BMW has announced the global unveiling of the facelifted versions of the M5 and the M5 Competition.According to BMW, the 2021 BMW M5 and M5 Competition will hit the roads in a much sharper form.The new M5 and M5 Competetion high-performance sedans have b...
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New Honda City Debuts
June 18, 2020 No Responses

New Honda City Debuts

Ahead of the official launch in July, 2020,  Honda  on Wednesday  revealed the details of its upcoming fifth-generation City sedan. The midsize sedan competes with rivals like Maruti Suzuki CIaz, Hyundai Verna, Volkswagen Vento, Skoda Rapid...
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Jaguar Land Rover Records Surprise Sales Surge
June 17, 2020 No Responses

Jaguar Land Rover Records Surprise Sales Surge

Jaguar Land Rover said it’s seeing the beginnings of a demand rebound in China as the world’s second-largest economy opens up after months of inactivity following the coronavirus outbreak.While JLR lost 501 million pounds ($630 million) before tax in ...
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New Hyundai Creta Gets 30,000 Bookings
June 17, 2020 No Responses

New Hyundai Creta Gets 30,000 Bookings

South Korean auto firm, Hyundai, on Tuesday disclosed that the new Creta has received not less than 30,000 bookings in the Indian Market . According to the auto firm, 55 percent of the total bookings are diesel powered Hyundai Creta.The new...
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Volkswagen To Pay $267m For Audi Buyout
June 17, 2020 No Responses

Volkswagen To Pay $267m For Audi Buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday.Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February.“Volkswagen AG announced and specified tha...
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Nissan Unveils Agenda For New Rogue SUV
June 16, 2020 No Responses

Nissan Unveils Agenda For New Rogue SUV

There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States. The small SUV has been redesigned for the 2021 model year, and a replac...
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