Category: Auto

German Auto Industry Seeks Vehicle-Buying Subsidies
May 1, 2020 No Responses

German Auto Industry Seeks Vehicle-Buying Subsidies

The German car industry is planning a proposals for a new cash-for-clunkers program to counter a sales slump that risks choking off production restarts at factories across Europe’s biggest economy. The state premiers of Lower Saxony, Bavaria and Baden-Wuerttemberg, home...
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Volvo Cars To Cut 1,300 Jobs
April 30, 2020 No Responses

Volvo Cars To Cut 1,300 Jobs

Volvo Cars said Wednesday it was cutting up to 1,300 white-collar jobs in Sweden in a restructuring accelerated by the impact of the new coronavirus. The company said the notices were part of an “ongoing realignment of the company’s operations,&#82...
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Mitsubishi Motors Seeks $2.8b Loans
April 29, 2020 No Responses

Mitsubishi Motors Seeks $2.8b Loans

Mitsubishi Motors has requested 300 billion yen ($2.8 billion) in financing from domestic and foreign lenders as the coronavirus pandemic clouds the outlook for the auto industry This total includes 200 billion yen from Japanese private- and public-sector fina...
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Toyota Predicts Huge Sales For New Yaris SUV Cross
April 27, 2020 No Responses

Toyota Predicts Huge Sales For New Yaris SUV Cross

Despite several challenges confronting automobile sales and marketing due to the Coronavirus pandemic, Toyota Motor Corporation has predicted huge sales for the new Toyota Yaris Sports Utility Vehicle (SUV) Cross.  Indeed, the  kind of digital o...
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Auto Firms Head For Zero Sales In April
April 27, 2020 No Responses

Auto Firms Head For Zero Sales In April

Automobile firms in most parts of the world including Nigeria are heading for zero sales as the Month of April, 2020 drives to an end.  Toyota South Africa Senior Vice President incharge of sales and marketing, Leon Theron had last...
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Volkswagen Restarts Production In Germany
April 25, 2020 No Responses

Volkswagen Restarts Production In Germany

About Five weeks of shutdown due to the coronavirus crisis, Germany’s largest car manufacturer Volkswagen has restarted production in two of its plants. Volkswagen’s vehicle plant in Zwickau, Saxony would “cautiously resume” production ...
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Mitsubishi Motors Predicts Losses, Drop In Sales
April 25, 2020 No Responses

Mitsubishi Motors Predicts Losses, Drop In Sales

Japanese automaker, Mitsubishi Motors Corporation on Friday predicted 26 billion yen ($240 million) in losses for the fiscal year through next March, as sales plunge because of the coronavirus pandemic. Tokyo-based Mitsubishi, allied with Nissan Motor Company ...
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Toyota To Resume Production May 4
April 24, 2020 No Responses

Toyota To Resume Production May 4

Toyota Motor announced on Thursday it will resume automobile production at all of its 14 plants in North America from May 4 after a one-and-a-half month suspension due to the novel coronavirus. “Beginning the week of May 4, Toyota intends...
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Nissan Resumes Production May 4
April 24, 2020 No Responses

Nissan Resumes Production May 4

Nissan will restart production at its Barcelona factory from May 4 and it will begin piloting safety measures at its British plant with the return of around 50 staff this week, the Japanese carmaker said . “The management team in...
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Top Gear Names Kona Electric Best Small Family Car
April 23, 2020 No Responses

Top Gear Names Kona Electric Best Small Family Car

Kona Electric has been acknowledged as the Best Small Family Car in the inaugural TopGear Electric Awards, after it completed a 1,600-kilometers road trip across 9 European countries.  A statement explained that Hyundai Motor’s fully electric SUV was no...
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Toyota South African Projects 15-20% Drop In Production, Explains Zero Sales In April
April 23, 2020 No Responses

Toyota South African Projects 15-20% Drop In Production, Explains Zero Sales In April

The president and Chief Executive Officer of South African unit of Toyota, Andrew Kirby, on Wednesday projected between 15-20 per cent drop in production in 2020.   Kirby told a virtual media briefing that Toyota South Africa, which produces between...
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JLR Introduces Plug-In Hybrid Technology To Range Rover Evoque, Discovery Sport
April 23, 2020 No Responses

JLR Introduces Plug-In Hybrid Technology To Range Rover Evoque, Discovery Sport

Jaguar Land Rover has introduced new plug-in hybrid technology to Range Rover Evoque and Land Rover Discovery Sport. The company explained on Wednesday that the latest plug-in hybrid system can switch to an electric-only mode for shorter rides. Also, this...
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Auto Journalists Mourns Anumudu, Globe Motors Chairman
April 21, 2020 No Responses

Auto Journalists Mourns Anumudu, Globe Motors Chairman

The Nigeria Auto Journalists Association (NAJA) has received with shock, the news of the death of William Anumudu, Chairman/CEO of Globe Motors Holdings Limited, one of the biggest automobile franchise owners including Mercedes, Toyota, Hyundai and the Higer b...
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Bridgestone To Suspend Operations In Eleven Plants
April 21, 2020 No Responses

Bridgestone To Suspend Operations In Eleven Plants

Japanese tyremaker,  Bridgestone Corp is to suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May to cope with dwindling demand due to the coronavirus pandemic.The world’s biggest tyrem...
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