Category: Auto

BMW Explains $1.6B Drop In Q1 Profit
May 8, 2019 No Responses

BMW Explains $1.6B Drop In Q1 Profit

For the first quarter 2019, BMW has declared 1.4 billion euros ($1.6 billion) drop in profit. BMW’s first-quarter profits slumped after car sales in key markets slowed and the automaker revised a provision for a potential fine for alleged collusion...
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Rolls-Royce Celebrates 115 Years Of Innovation, Excellence
May 4, 2019 No Responses

Rolls-Royce Celebrates 115 Years Of Innovation, Excellence

On 4 May 1904, Charles Rolls and Henry Royce met for the first time at The Midland Hotel, Manchester; an encounter that would change the course of automotive history. Exactly 115 years later, the marque they agreed to form that...
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Jaguar Moves Land Rover Defender Production To Slovakia
May 3, 2019 No Responses

Jaguar Moves Land Rover Defender Production To Slovakia

British carmaker, Jaguar Land Rover (JLR) will move the assembly of its Land Rover Defender to its plant in Slovakia to make room for newer models at its factory in Britain, the company has said.  The Defender 4X4, which is designed an...
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VW, JAC Seal $750.8m Electric Car Deal
April 28, 2019 No Responses

VW, JAC Seal $750.8m Electric Car Deal

Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities. A document post...
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Peugeot Maker, PSA Group Explains Drop In Revenue
April 27, 2019 No Responses

Peugeot Maker, PSA Group Explains Drop In Revenue

Peugeot maker, PSA Groupe has reported a 1.1 percent decline in revenue, as falling overseas sales outweighed pricing improvements in the first quarter. According to the Group, revenue fell to 17.98 billion euros ($20.05 billion) in January-Marc...
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Toyota, Firm Invest $1b In Uber
April 21, 2019 No Responses

Toyota, Firm Invest $1b In Uber

Japan’s top automaker Toyota, auto parts maker Denso and internet company SoftBank‘s investment fund are investing $1 billion in car-sharing Uber‘s technology unit. The Japanese companies said Friday that Toyota Motor...
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Easter: FRSC Boss Seeks Attitudinal Change
April 20, 2019 No Responses

Easter: FRSC Boss Seeks Attitudinal Change

As Nigeria joins the rest of the world to observe this year’s E8aster celebration, the Corps Marshal of the Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has called for deep reflection by Christian faithful on the need to show...
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Ford Ranger To Attain $1b Profit
April 20, 2019 No Responses

Ford Ranger To Attain $1b Profit

Ford Motor Co’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official has said. According to the company, the proposed increase in earnings...
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Toyota Unveils New Highlander
April 19, 2019 No Responses

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020  with  more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on ...
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New Ford Ranger Demonstrates Strength, Innovations
April 18, 2019 No Responses

New Ford Ranger Demonstrates Strength, Innovations

Ford has gone further in the ultra-competitive light commercial vehicle (LCV) segment with the launch of the New Ranger for 2019. The new Ranger was launched in Pretoria, South Africa, recently. Featuring an extensive range of mechanical, technological, featur...
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Daimler Gets New SUV Lineup
April 17, 2019 No Responses

Daimler Gets New SUV Lineup

Daimler AG Chief Executive Officer, Dieter Zetsche has disclosed that the German automaker would add a new compact Sports Utility Vehicle (SUV)  to its lineup later this year.  Zetsche, who spoke at an event in Shanghai, China exp...
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Mercedes-Benz Sales Hit 560,873 Units In Three Months
April 10, 2019 No Responses

Mercedes-Benz Sales Hit 560,873 Units In Three Months

Mercedes-Benz closed the first quarter of 2019 with 560,873 passenger cars sold worldwide.  The foremost auto firm explained that for the third year in a row, sales in the first quarter were therefore well over 550,000 units. In March, 227,644...
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Massilia Motors Unveils New Mitsubishi L200 Pickup
April 9, 2019 No Responses

Massilia Motors Unveils New Mitsubishi L200 Pickup

In its bid to continuously satisfy its teeming customers in Nigeria, Massilia Motors, sole distributor of Mitsubishi vehicles in Nigeria and a joint venture between CFAO and CHANRAI Group, has revealed the all new Mitsubishi L200 Pickup.  Unveiled in an.....
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Nissan Shareholders Remove Ghosn From Board
April 9, 2019 No Responses

Nissan Shareholders Remove Ghosn From Board

Nissan shareholders have voted to oust the company’s former boss Carlos Ghosn from its board. The decision to sever ties with Mr Ghosn was made at a an extraordinary shareholders meeting held on Monday. Mr Ghosn was re-arrested in Tokyo...
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