Auto – Page 94 – City Business News

February 4, 2020 No Responses

Fun Day With Nissan-Stallion Group

Guided by the vision of Enriching People’s Lives, Nissan Nigeria recently organised “fun day at the movies’ for children of Motherless Babies Home and Vigilant Heart Orphanage. According to Nissan Nigeria, these charitable homes render exemplary service, providing care for...

February 3, 2020 No Responses

New Hyundai Creta Debuts

Hyundai Motor has concluded plans to showcase a range of products and future technologies, including the all new Creta and updated version of Tuscon, at the 2010 Auto Expo.According to the company, the 2020 Tuscon will be unveiled on February...

January 31, 2020 No Responses

Prices Of Vehicles May Soar As NADDC Proposes 125% Import Tariff

Nigeria’s automotive sector regulator, National Automotive Design and Development Council (NADDC) has proposed 100 per cent import tariff for Fully Built Units (FBUs) and 125 per cent for used cars. The Federal Government had in November 2013, raised d...

January 30, 2020 No Responses

Minister Tasks Stakeholders On Auto Policy Review

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, on Thursday implored automotive stakeholders to make input to the proposed amendment to the Draft Automotive Policy and Nigerian Automotive Industry Development Plan (NAIDP) as part of measure...

January 29, 2020 No Responses

Editor: Automotive Sector Is Vulnerable To Coronavirus Impacts

As the coronavirus crisis deepens, there are rising concerns over the potential economic impact, including for the global automotive industry.Reviewing the development, Automotive Editor at GlobalData, a leading data and analytics company, David Leggett, said:...

January 28, 2020 No Responses

SHACMAN Trucks GM, TSS Officials Visit Dangote Group, Tour Refinery

The General Manager of Shaanxi Heavy Duty Automobile Import & Export Co. Ltd, Mr. Tian Chao has commended Dangote group for their trust and support. The SHACMAN Trucks GM and Transit Support Services Ltd (TSS) officials recently visited the biggest...

January 28, 2020 No Responses

Suzuki Announces Price Hike

Maruti Suzuki India Limited (MSIL) on Monday announced 4.7 per cent price hike for select models with effect January 27, 2020.According to the company, the rise in prices will be on Swift, Alto, WagonR, S-Presso and Ertiga.The company identified input...

January 27, 2020 No Responses

Kia To Unveil Eleven Electric Vehicles, Deploys $25b

As part of ongoing expansion agenda, Kia Motors has revealed its long term strategy called ‘Plan S’ under which it aims to spearhead the global transition to electric vehicles and mobility solutions by 2025.Under this plan, the South Korean automak...

January 26, 2020 No Responses

Ceat Projects More Export To Europe

Anti-dumping duties by Europe and the US on Chinese tyre makers have opened a window of export opportunity for the Indian tyre industry, managing director of Ceat, Anant Goenka has said According to Goenka, the European market holds the biggest...

January 25, 2020 No Responses

New Kia Compact SUV Debuts Next Month

Kia Motors is to unveil new compact Sports Utility Vehicle (SUV) concept next month at Auto Expo 2020. According to the company, this is going to be the third model from the South Korean auto brand in India, with the...

January 23, 2020 No Responses

Daimler Records 50 Per Cent Drop In Profit

German luxury car maker, Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric vehicles and production issues weighed on earnings. According to the Company, its 2019 earnings before....

January 23, 2020 No Responses

Stallion Motors-Hyundai Rewards Customer

Stallion Motors – Hyundai and LG recently rewarded Mr. Ebun Sofunde San. In a raffle draw promotion, the happy customer took home an LG Dual cool high end AC Unit. Stallion Group Company, Hyundai Motors registered high sales in 2019...

January 22, 2020 No Responses

Toyota Recalls 3.4m Vehicles Worldwide

Citing electronic defect that can result in air bags not deploying in crashes, Toyota Motor Corporation said on Tuesday that it will recall 3.4 million vehicles worldwide The recall, which includes 2.9 million US vehicles, covers 2011-2019 Corolla, 2011-2013 M...

January 21, 2020 No Responses

BMW Recalls 357,000 Vehicles

BMW is recalling nearly 357,000 older vehicles in the U.S. to replace dangerous Takata front air bag inflators. According to BMW, the inflators are among 10 million sold to 14 automakers that Takata is recalling. It’s the last recall that...

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Category: Auto