Category: Auto

Uwatse Mourns Anumudu, Commiserates With Family, Friends
April 21, 2020 No Responses

Uwatse Mourns Anumudu, Commiserates With Family, Friends

The Chairman, Weststar Associates Limited, authorized General Distributor of Mercedes-Benz in Nigeria,  Benson Uwatse has  condoled with the family and friends of William Anumudu, who died on Tuesday at the age of 68.  Until his death, Anumudu was the Chairman/Chief Executive Officer of Globe Motors...
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Cross River Test-Runs Cable-Car
April 20, 2020 No Responses

Cross River Test-Runs Cable-Car

In a bid to revive the Obudu Ranch Resort, the Government of Cross River has carried out repairs and maintenance of the cable-car at the resort. Mr Bobby Ekpeyong, the Special Adviser to the Governor on Obudu Ranch Resort, during...
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Jaguar Land Rover Reports Drop In Sales
April 20, 2020 No Responses

Jaguar Land Rover Reports Drop In Sales

Jaguar Land Rover (JLR) has reported a 12.1 per cent decline in retail sales at 5,08,659 units for the financial year 2019-20.  The company in a statement explained that total retail sales in the fourth quarter of the previous financial...
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Ford Declares $2b Loss, Drop In Q1 Sales
April 18, 2020 No Responses

Ford Declares $2b Loss, Drop In Q1 Sales

Ford Motor Co on Friday estimated first-quarter loss of $2 billion and said it would tap debt markets to shore up its cash reserves as the coronavirus outbreak halted production and pummeled vehicles sales. According to Agency Reports, the number...
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Toyota To Cut Production As Coronavirus Squeezes Demand
April 17, 2020 No Responses

Toyota To Cut Production As Coronavirus Squeezes Demand

Toyota Motor Corporation is cut production of finished vehicles by 40 percent in Japan in May as demand shrinks around the world because of the coronavirus pandemic. The measures, which will cut production to 79,000 vehicles for the month, include...
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Hyundai Restarts Car Plants In Russia, Czech Republic
April 17, 2020 No Responses

Hyundai Restarts Car Plants In Russia, Czech Republic

Hyundai Motor has resumed  operations at Eurasian plants shut down for weeks as a precaution against the spread of the novel coronavirus. The South Korean automaker restarted its Russian assembly plant in St. Petersburg followed by reboot of the factory.....
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Volkswagen Cuts 2020 Forecast As Turnover Drop By $60b In Q1
April 16, 2020 No Responses

Volkswagen Cuts 2020 Forecast As Turnover Drop By $60b In Q1

Germany’s Volkswagen (VW) on Thursday said it would not meet its 2020 forecasts, after the group saw turnover fall to 55 billion euros (or 60 billion dollars) in the first quarter, down from 60 billion euros a year ago. According...
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Suzuki Suspends Production Till Further Notice
April 16, 2020 No Responses

Suzuki Suspends Production Till Further Notice

Japanese car manufacturer, Suzuki Motor Gujarat Private Limited (SMG) India  has suspended production of cars till further notice.  Citing latest government directive on the COVID-19, the company explained that it will be extending the suspension of ...
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VW To Resume Production In South Africa May, April 20 In Germany
April 16, 2020 No Responses

VW To Resume Production In South Africa May, April 20 In Germany

Volkswagen on Wednesday said factories producing cars for its core brand in Zwickau, Germany and Bratislava, Slovakia will resume production starting on April 20, with other locations ramping up plants starting from April 27 onwards.  Meanwhile, factories...
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VW To Aid Dealers Supporting Coronavirus Relief Efforts
April 14, 2020 No Responses

VW To Aid Dealers Supporting Coronavirus Relief Efforts

Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pickup and deliver essential supplies in areas affected by the COVID-19 pandemic. The loaner cars, typically offered to...
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COVID-19: Toyota, Nissan, Honda, Others To Raise Special Fund For Workers
April 13, 2020 No Responses

COVID-19: Toyota, Nissan, Honda, Others To Raise Special Fund For Workers

The Chief Executive of Toyota Motor Corporation, Akia Toyoda at the weekend promised that Japanese auto industry would seek to protect jobs worldwide as it endures the coronavirus pandemic. Toyoda, who spoke as head of the Japan Automobile Manufacturers Associ...
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Daimler To Restart German Factories April 20
April 10, 2020 No Responses

Daimler To Restart German Factories April 20

Mercedes-Benz maker, Daimler is to restart work at factories in Germany from April 20, after a weeks-long interruption due to the coronavirus pandemic. “In a few selected factories, we are implementing a coordinated restart of production,” the grou...
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Hyundai To Restart Plant April 14
April 10, 2020 No Responses

Hyundai To Restart Plant April 14

Hyundai Motor, Czech plant plans to restart on April 14 after a three-week production outage as part of efforts to fight the coronavirus, becoming the first of the three major carmakers in the central European country to resume work. The...
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Kia Extends Vehicle Warranties Worldwide
April 9, 2020 No Responses

Kia Extends Vehicle Warranties Worldwide

Kia Motors Corporation on Thursday announced the launch of the ‘Kia Promise’, a global warranty extension program for its vehicles.The Kia Promise is designed to support Kia customers whose movements may be limited because of the COVID-19 pandemic.A statem...
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