Category: Auto

Kia Reveals New Futuron Concept
November 5, 2019 No Responses

Kia Reveals New Futuron Concept

Kia Motors has revealed its new Futuron Concept, an illuminating all-wheel drive SUV coupe which proposes new designs for future electric vehicles.The Futuron Concept represents the modern and confident image of a progressive electric SUV coupe envisioned by Kia. The...
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Kia Joins Top Five Carmakers
November 5, 2019 No Responses

Kia Joins Top Five Carmakers

South Korean carmaker,  Kia Motors, which started its operations in India in August, has joined the list of top five carmakers  in the country in terms of market share, leaving behind established players such as Toyota Kirloskar Motors and Honda...
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Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover
November 4, 2019 No Responses

Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover

Out of 12 million registered vehicles in Nigeria, only 2.5 million have genuine insurance cover, Ikeja branch manager of Cornerstone Insurance plc, Pelumi Akindumusire has said.In a chat with motoring journalists,  Akindumusire explained that most  m...
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Continental Tyre Boss Emerges 2019 Africa MD
November 4, 2019 No Responses

Continental Tyre Boss Emerges 2019 Africa MD

Managing Director of Continental Tyre South Africa and Sub-Saharan Africa, Shaun Uys  has been selected as  2019 Africa MD  by Global 100.Global 100 is  an annual publication with a readership of over 293 000 industry leaders in 163 countri...
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Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December
November 4, 2019 No Responses

Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of December.  The two automakers explained last week that they planned to join forces in a 50-50 share merger to create the...
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New Fiat Pick Up Debuts At Lagos Trade Fair
November 3, 2019 No Responses

New Fiat Pick Up Debuts At Lagos Trade Fair

Fortified with 2.4lit engine and available in single and double engine, a new Fiat Pick Up has joined ongoing competition in the Nigerian market.  A reporter from City BusinessNews (www.citybusinessnews.com) who was at the ongoing lagos Internation Trade ...
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GM Recalls 638,000 Chevrolet Suburban, Tahoe
November 2, 2019 No Responses

GM Recalls 638,000 Chevrolet Suburban, Tahoe

General Motors has recalled 638,000 Sport Utility Vehicles and pickup trucks because a wheel-speed sensor could fail and cause unintended braking.The recall covers some 2015-2020 Chevrolet Suburban, Tahoe, and Yukon models, and some 2014-2018 Chevrolet Silvera...
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India Records 12% Increase In Tyre Exports
November 1, 2019 No Responses

India Records 12% Increase In Tyre Exports

The Automotive Tyre Manufacturers Association (ATMA) on Thursday  revealed that Tyre exports from India increased by 12% in volume between April-August 2019.  The India tyre exports hit double-digit growth between 2016-2017 when it increased by 16%. ...
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Peugeot, Fiat Chrysler Boards Approve Merger
November 1, 2019 No Responses

Peugeot, Fiat Chrysler Boards Approve Merger

The Supervisory Board of Peugeot S.A. and the Board of Directors of Fiat Chrysler Automobiles (FCA) have each unanimously agreed to work towards a full combination of their respective businesses by way of a 50/50 merger. Both boards have given...
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Volkswagen, Siemens Launch Electric Vehicle In Rwanda
October 31, 2019 No Responses

Volkswagen, Siemens Launch Electric Vehicle In Rwanda

In a first for the African continent, the Volkswagen Brand has launched a pilot project in partnership with Siemens to test the feasibility of electric mobility in an African country. The pilot project, which will form part of Volkswagen’s operations...
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Pirelli Tyre Projects 2019 Revenue To €5.3b
October 31, 2019 No Responses

Pirelli Tyre Projects 2019 Revenue To €5.3b

Pireli Tyre has projected that its 2019 revenue would grow to 5.3 billion euros, 2,5 per cent  higher than a previous guidance of between 1.5% and 2.5%.  Under the arrangement, the company is expecting  a full-year cash flow of between...
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Peugeot, Fiat Chrysler In merger Talks
October 30, 2019 No Responses

Peugeot, Fiat Chrysler In merger Talks

US-Italian auto giant Fiat Chrysler and France’s Peugeot are in merger talks that would yield an entity valued at about $50 billion, a person with knowledge of the matter told AFP on Tuesday. Carlos Tavares, the chief executive of Peugeot’s...
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Mahindra Acquires Peugeot Motocycles
October 29, 2019 No Responses

Mahindra Acquires Peugeot Motocycles

Mahindra & Mahindra (M&M) subsidiary, Mahindra Two Wheelers Europe is to fully acquire France-based Peugeot Motocycles (PMTC) for an undisclosed amount....
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Airless Tyre: Bridgestone, Others Target Driverless Cars
October 28, 2019 No Responses

Airless Tyre: Bridgestone, Others Target Driverless Cars

Makers of airless tyres such as Japan’s Bridgestone Corp. hope driverless cars will herald a breakthrough for their niche technology, which is more than a decade old but underperforms standard tyres in every way except resistance to puncture. Autonomous ...
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