Category: Auto

Renault Seek New Partners As Revenue Drops Further
October 28, 2019 No Responses

Renault Seek New Partners As Revenue Drops Further

French carmaker Renault is on the hunt for new partners to buy its cars and components as it reported a fall in quarterly revenue and pushed ahead on a strategic review with “nothing off the table”. According to agency reports,...
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Michelin Cut Full-Year Market Forecasts
October 27, 2019 No Responses

Michelin Cut Full-Year Market Forecasts

Again, Michelin has cut its full-year market forecasts, pointing out a sharper-than-expected downturn in the truck segment.  The group, which said two weeks ago it would close a French plant in response to deteriorating conditions of the auto industry, al...
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Renault Declares 4.4 Per Cent Drop In Sales
October 27, 2019 No Responses

Renault Declares 4.4 Per Cent Drop In Sales

Renault’s group revenue fell in the third quarter, weighed down by a drop in production at partners Nissan and Daimler as declining demand for diesel engines added to the effects of a slowing global market. The company, which owns 43.4%...
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Kia Celebrates Cerato In Nigeria, Dominates Dhanteras Sales
October 26, 2019 No Responses

Kia Celebrates Cerato In Nigeria, Dominates Dhanteras Sales

The 2019/2020 Kia Cerato has been described as a reliable innovation with improved performance and technology.In an email message at the weekend, Kia Motors Nigeria described the new Cerato as  “packs in everything you want from a sport compact sedan:.....
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Coscharis Motors To Unveil New Ford Edge October 30
October 26, 2019 No Responses

Coscharis Motors To Unveil New Ford Edge October 30

Sole representative of Ford Motor Company in Nigeria, Coscharis Motors has concluded plans to unveil new Ford Edge on October 30, 2019 at the International Conference Centre Annex, Abuja, venue of the 20th Abuja International Motor Fair.According to Abiona Bab...
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Ceat Declares Improved Gross Earnings
October 23, 2019 No Responses

Ceat Declares Improved Gross Earnings

For the second quarter ended September 30,2019, Tyre Firm, Ceat Limited Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) and gross margins witnessed growth in comparison to the previous quarter.Managing Director of the company, Anant Goenk...
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Total Nigeria, CFAO Seal After-Sales Partnership
October 22, 2019 No Responses

Total Nigeria, CFAO Seal After-Sales Partnership

Total Nigeria Plc in partnership with CFAO Nigeria Plc has inaugurated after-sales outlets identified as AutoFast across the country.The Managing Director/Country Delegate, CFAO Nigeria Plc, Mr Thomas Pelletier explained on Monday that the partnership is desig...
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Kia Employs 1,000 New Staff As Bookings For Seltos Exceed Expectations
October 22, 2019 No Responses

Kia Employs 1,000 New Staff As Bookings For Seltos Exceed Expectations

Enthused by the sustained bookings for Seltos SUVs which have crossed 60,000 units, Kia Motors has started its second shift at Anantapur facility in Andhra Pradesh in India  to take the capacity to over 15,000 units a month by adding...
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Renault Explains Drop In Sales
October 20, 2019 No Responses

Renault Explains Drop In Sales

Renault has cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales. Renault, which has just rejigged its top...
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Tata Rules Out Sale Of Jaguar Land Rover
October 19, 2019 No Responses

Tata Rules Out Sale Of Jaguar Land Rover

Tata Motors, which owns Jaguar Land Rover (JLR), said it is open to finding partners for the automaker but isn’t planning on selling the embattled unit. “We’re not going to sell,” said N Chandrasekaran, chairman of Tata Sons, the holdin...
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Mahindra Inaugurates All-Women Auto Service Workshop
October 19, 2019 No Responses

Mahindra Inaugurates All-Women Auto Service Workshop

Mahindra & Mahindra on Friday announced the inauguration of India’s first all-women-run automobile service workshop in Jaipur.  According to the company, this is part of the its larger initiative named ‘Pink Collars’ to promote recruitment of wo...
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Suzuki Lowers 2019-2020 Sales Estimates
October 18, 2019 No Responses

Suzuki Lowers 2019-2020 Sales Estimates

Suzuki Motor Corporation (SMC) has revised its consolidated business forecast for the current financial year by lowering net sales estimates by 10.3 per cent due to slowdown in the Indian automobile market and decline in production in Japan.The company said...
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Toyota Unveils Electric Mini Car
October 17, 2019 No Responses

Toyota Unveils Electric Mini Car

Toyota on Thursday unveiled a special mini car. The development is coming after its success with hybrid technology.Indeed,  the logical assumption was that Toyota would jump in with both feet into development of battery-electric cars.At first it seemed th...
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New Kia Carnival MPV Debuts
October 17, 2019 No Responses

New Kia Carnival MPV Debuts

Kia Motors has concluded plans to unveil new  Carnival MPV also identified in some markets as Sedona.  Available in seven-seater and eight-seater variants, the MPV measures 5.115 mm in length, 1,985 mm in width, 1,740 mm in height and it...
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