Category: Auto

Toyota Pledges To Protect Workers, Explains $66b Quarterly sales
May 13, 2020 No Responses

Toyota Pledges To Protect Workers, Explains $66b Quarterly sales

The President of Toyota Motor Corporation, Akio Toyoda on Tuesday promised to protect jobs and what he called “Toyota people” across the world “with their skills and shared sense of mission“.  Akio Toyoda said the company is facing its biggest crisis...
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Auto Industry To Raise $100b From Banks
May 12, 2020 No Responses

Auto Industry To Raise $100b From Banks

Global automakers and suppliers are on track to get at least $100 billion of bank financing as the coronavirus pandemic hammers car sales.Mazda Motor is the latest to join the rush, with Nikkei reporting that the company is seeking a 300...
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Mazda Seeks $2.8b Loans
May 11, 2020 No Responses

Mazda Seeks $2.8b Loans

 Mazda Motor Corporation has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.The megabanks &#...
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Hyundai Rolls Out 200 Units As 250 Dealers Resumes
May 11, 2020 No Responses

Hyundai Rolls Out 200 Units As 250 Dealers Resumes

Hyundai Motor at the weekend announced that it rolled out 200 cars on the first day of production resumption at its plant in Sriperumbudur, Chennai in India. The South Korean automaker explained that the production resumption has been done follo...
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Ceat Extends Warranty On Tyres
May 9, 2020 No Responses

Ceat Extends Warranty On Tyres

Ceat Tyres on Friday said it has extended warranty on tyres by three months to support customers due to coronavirus– lockdown.The decision to extend warranty on tyres has been taken to express solidarity with customers amidst the continued lockdown, ...
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Toyota Posts First Increase In sales, Delivers 142,900 vehicles In April
May 9, 2020 No Responses

Toyota Posts First Increase In sales, Delivers 142,900 vehicles In April

For the Month of April 2020, Toyota Motor Corporation , on Friday announced that it recorded increase sales in China, the first monthly increase since the novel coronavirus broke out in January.  Within the period, Toyota explained that it ...
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Hyundai Unveils Special Assurance Package For Customers
May 8, 2020 No Responses

Hyundai Unveils Special Assurance Package For Customers

Hyundai Motor  has announced ‘Hyundai EMI Assurance‘ package for customers in the India market.  The company explained that the package cover customers under uncertainties such as employment loss in view of poor financial health, acquisit...
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Suzuki Opens New Office, Exports 632 Units
May 8, 2020 No Responses

Suzuki Opens New Office, Exports 632 Units

Maruti Suzuki has opened its corporate office at Nelson Mandela Marg in New Delhi, India joining a handful of large businesses that are trying to crank up operations after the government eased some lockdown.    The automaker has  also discl...
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KIA Boosts SANZAF’s Food Relief With Six Vehicles
May 8, 2020 No Responses

KIA Boosts SANZAF’s Food Relief With Six Vehicles

KIA Motors South Africa, a subsidiary of Motus Corporation, has boosted the efforts of the South African National Zakah Fund (SANZAF) with the donation of  three KIA K2700 light commercial vehicles and three KIA Picanto STARTs . The donation is to...
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Jaguar Deploys 362 Cars For Emergency Service Workers
May 7, 2020 No Responses

Jaguar Deploys 362 Cars For Emergency Service Workers

 Jaguar Land Rover has deployed more than 362 vehicles globally for the emergency service workers as part of measures to curtail coronavirus crisis.The British automaker claims that it has provided the vehicles to agencies like NH...
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Volkswagen To Begin Sales Of New All-Electric Hatchback November 17
May 6, 2020 No Responses

Volkswagen To Begin Sales Of New All-Electric Hatchback November 17

Volkswagen is to start selling the launch edition of its ID.3 vehicle next month to customers who placed pre-orders of the all-electric hatchback. According to the auto firm, Customers who made reservations for the launch edition, known as ID.3 1st,...
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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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