Category: Auto

Sales Of All-New Kia K5 Fastback Begins Next Month
November 12, 2019 No Responses

Sales Of All-New Kia K5 Fastback Begins Next Month

Kia Motors on Tuesday published exterior images of the all-new Kia K5 sedan.According to Kia Motors, the new-generation K5 will go on-sale in the brand’s domestic Korean market in December.Released in Korean market’s specification, the latest model offers a fresh...
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Jaguar Land Rover Delivers 41,866 Units In October
November 12, 2019 No Responses

Jaguar Land Rover Delivers 41,866 Units In October

For the Month of October 2019, Jaguar Land Rover recorded sales of 41,866 units, down by 5.5 per cent when compared to the same month last year.  A statement issued by the company on Monday explained that Year-on-Year sales in...
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Daimler To Sack 1,100 Senior Management Staff
November 10, 2019 No Responses

Daimler To Sack 1,100 Senior Management Staff

Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung has said, citing a newsletter circulated by the company’s works council. According to Agency Report, a spokesman for Daimler’s ...
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Bridgestone To Merge Operations In Africa, India, Others
November 10, 2019 No Responses

Bridgestone To Merge Operations In Africa, India, Others

Bridgestone Tyre is to merge its India business with Europe, Middle-East and Africa (EMEA) block with effect from 2020.  According to the company, the move is aimed at unlocking untapped potential in both India and EMEA.  The integration of India...
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Toyota Declares $6.09b Profit, 2.75m Sales In Q2
November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...
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Renewed Interest In BMW Lifts Q3 Profit By 33 Per Cent
November 7, 2019 No Responses

Renewed Interest In BMW Lifts Q3 Profit By 33 Per Cent

BMW’s new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings.Oliver Zipse, who became CEO in Augu...
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Audi To Increase Engine Production
November 6, 2019 No Responses

Audi To Increase Engine Production

Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Hungarian Foreign Minister Peter Szijjarto has said.  According to agency report, an Audi representative at the premium carmaker’s Ingolstadt head...
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Kia Reveals New Futuron Concept
November 5, 2019 No Responses

Kia Reveals New Futuron Concept

Kia Motors has revealed its new Futuron Concept, an illuminating all-wheel drive SUV coupe which proposes new designs for future electric vehicles.The Futuron Concept represents the modern and confident image of a progressive electric SUV coupe envisioned by K...
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Kia Joins Top Five Carmakers
November 5, 2019 No Responses

Kia Joins Top Five Carmakers

South Korean carmaker,  Kia Motors, which started its operations in India in August, has joined the list of top five carmakers  in the country in terms of market share, leaving behind established players such as Toyota Kirloskar Motors and Honda...
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Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover
November 4, 2019 No Responses

Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover

Out of 12 million registered vehicles in Nigeria, only 2.5 million have genuine insurance cover, Ikeja branch manager of Cornerstone Insurance plc, Pelumi Akindumusire has said.In a chat with motoring journalists,  Akindumusire explained that most  m...
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Continental Tyre Boss Emerges 2019 Africa MD
November 4, 2019 No Responses

Continental Tyre Boss Emerges 2019 Africa MD

Managing Director of Continental Tyre South Africa and Sub-Saharan Africa, Shaun Uys  has been selected as  2019 Africa MD  by Global 100.Global 100 is  an annual publication with a readership of over 293 000 industry leaders in 163 countri...
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Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December
November 4, 2019 No Responses

Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of December.  The two automakers explained last week that they planned to join forces in a 50-50 share merger to create the...
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New Fiat Pick Up Debuts At Lagos Trade Fair
November 3, 2019 No Responses

New Fiat Pick Up Debuts At Lagos Trade Fair

Fortified with 2.4lit engine and available in single and double engine, a new Fiat Pick Up has joined ongoing competition in the Nigerian market.  A reporter from City BusinessNews (www.citybusinessnews.com) who was at the ongoing lagos Internation Trade ...
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GM Recalls 638,000 Chevrolet Suburban, Tahoe
November 2, 2019 No Responses

GM Recalls 638,000 Chevrolet Suburban, Tahoe

General Motors has recalled 638,000 Sport Utility Vehicles and pickup trucks because a wheel-speed sensor could fail and cause unintended braking.The recall covers some 2015-2020 Chevrolet Suburban, Tahoe, and Yukon models, and some 2014-2018 Chevrolet Silvera...
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