Category: Auto

Report predicts drastic drop in Vehicle sales
November 15, 2017 No Responses

Report predicts drastic drop in Vehicle sales

Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services such as Uber, according to a study by IHS Markit. Annual private vehicle sales in the U.S., Europe, China and India will decline over the...
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Toyota to phaseout internal explosion engine by 2050
November 14, 2017 No Responses

Toyota to phaseout internal explosion engine by 2050

Toyota expects a inner explosion engine to be passed by 2050, and energy usually about 10% of cars as partial of hybrid systems from 2040 onwards.  The prediction, announced by Seigo Kuzumaki, Toyota’s conduct of modernized RD and engineering, re-emphasises...
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Hyundai pick-up may debut in U.S.
November 13, 2017 No Responses

Hyundai pick-up may debut in U.S.

Three years after Hyundai disclosed the concept of Santa Cruz, details regarding a production version are still quite limited at this point.   New info has emerged this week as South Korea’s Seoul Economic Daily is reporting the utilitarian vehicle...
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Mercedes-Benz Pick-Up to debut in 2018, may cost $45,000
November 13, 2017 No Responses

Mercedes-Benz Pick-Up to debut in 2018, may cost $45,000

Mercedes-Benz first pick-up is to debut in April 2018. Already, more than 7,000 buyers have registered their interest online for the new Mercedes pick-up.   According to agency report, the rise in demand comes as the Toyota Hilux is on...
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GM unveils agenda for autonomous vehicles
November 11, 2017 No Responses

GM unveils agenda for autonomous vehicles

General Motors will on November 30, 2017, in San Francisco, share its “vision for an autonomous future”.   General Motors Chief Executive Officer, Mary Barra who disclosed the development while reviewing the automaker’s third-quarter earning...
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Audi steps up research into synthetic fuels
November 9, 2017 No Responses

Audi steps up research into synthetic fuels

Audi is systematically building on its e-fuels strategy. Together with the partners Ineratec GmbH and Energiedienst Holding AG, the company has plans for a new pilot facility for the production of e-diesel in Laufenburg, in Canton Aargau (Switzerland). For the...
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Toyota declares $63.45 b revenue in Q2
November 8, 2017 No Responses

Toyota declares $63.45 b revenue in Q2

Toyota Motor’s operating profit climbed 10 percent in the latest quarter as windfall gains from favorable foreign exchange rates offset weakening business in the key U.S. market, where rising incentives and falling wholesale volume dented regional profit...
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Weststar, Barbedos flags off Mercedes-Benz special service campaign in Abuja
November 7, 2017 No Responses

Weststar, Barbedos flags off Mercedes-Benz special service campaign in Abuja

As part of strategic directions aimed at achieving superior after-sales quality of service and enhancing customer relationship, Weststar Associates Limited (Authorized General Distributors of Mercedes-Benz Passenger and Commercial vehicles in the Federal Repub...
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Toyota seeks more investments in Israeli auto tech, robotics
November 6, 2017 No Responses

Toyota seeks more investments in Israeli auto tech, robotics

Japan’s Toyota Motor Corporation   is seeking more investments in Israeli robotics and vehicle technologies after its venture arm led a $14 million investment in Intuition Robotics in July.   The startup, which makes robots for the elderly, was the first....
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France cuts Renault stake to 15 percent
November 4, 2017 No Responses

France cuts Renault stake to 15 percent

France is selling a 4.73 percent stake in carmaker Renault, a government investment agency has said, paring the holding back to the 15-percent level that had preceded a 2015 power struggle over voting rights.   The APE state holding agency said...
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Hyundai begins 30-day free service in Nigeria
October 31, 2017 No Responses

Hyundai begins 30-day free service in Nigeria

By citybusinessnews@yahoo.com –    Hyundai Motors Nigeria Limited (HMNL) on Monday announced a comprehensive 30-day discounted service campaign, beginning from 01 November 2017 for owners and fleet managers of Hyundai cars including Hyundai Comme...
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Volkswagen records $5.01 billion earnings in Q3
October 30, 2017 No Responses

Volkswagen records $5.01 billion earnings in Q3

Volkswagen AG said earnings rose 15 percent in the third quarter, benefiting from cost cuts at its core VW passenger cars division. Quarterly group earnings before interest and taxes (EBIT) and before special items jumped to 4.31 billion euros ($5.01...
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Ford declares $1.6 billion profit in Q3
October 27, 2017 No Responses

Ford declares $1.6 billion profit in Q3

Ford Motor Company  on Thursday said its third-quarter net income rose 63 percent to $1.6 billion, helped by foreign tax credits and strong light-truck sales in North America.  Ford’s revenue, pretax profit and operating margin all increased in what C...
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Coscharis thrills BMW club, highlights 5 series performamce, achievements
October 26, 2017 No Responses

Coscharis thrills BMW club, highlights 5 series performamce, achievements

Coscharis Motors in partnership with BMW Club Nigeria, recently demonstrated BMW 5 Series performance and achivements during the 2017Bimmerfest event held at the Muri Okunola Park, Victoria Island, Lagos State.   According to Coscharis, the event is aimed at ...
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