Category: Auto

Tribute To Willie Anumudu
May 5, 2020 No Responses

Tribute To Willie Anumudu

By Senator Victor Ndoma-Egba I first met Willie, whom we fondly called Pa Willie, through my late friend Dr. Ime Umana ( Imesco) in the mid 1980,s. He and Ime were partners in a new BMW franchise with offices in...
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Nissan To Focus On US, Japan, China
May 5, 2020 No Responses

Nissan To Focus On US, Japan, China

Nissan Motor Co Ltd will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker.  According to Reuters, the “operational performance plan&#...
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Hyundai Opens More Factories, Exports 1,341 Units
May 4, 2020 No Responses

Hyundai Opens More Factories, Exports 1,341 Units

Amidst lockdown due to the coronavirus pandemic, South Korean carmaker, Hyundai Motor registered exports sales of 1,341 units in the month of April 2020 in India.  According to the company, “The export shipping was conducted by adhering to all guideline...
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Nissan To Restart Output At UK’s Biggest Car Factory In June
May 2, 2020 No Responses

Nissan To Restart Output At UK’s Biggest Car Factory In June

Nissan will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak. Output at the site, which made just under 350,000 vehicle...
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Skoda Begins Online Booking For Entire Product Portfolio
May 1, 2020 No Responses

Skoda Begins Online Booking For Entire Product Portfolio

Skoda Auto  has announced that it will provide online booking platform for its entire product line-up in India.According to Skoda, the venture is supported by a robust consultation programme and integrates over 80 dealership touchpoints of the Czech ...
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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-Wuertt...
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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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