Auto Business Archives — Page 10 of 47

January 11, 2022 No Responses

Rolls-Royce Delivers 5,586 Cars In 2021

By Moses Ebosele, ebosele@hotmail.com Between January and December 2021, Rolls-Royce Motor Cars delivered 5,586 cars to clients around the world, up 49 per cent when compared with same period in 2020. Rolls-Royce in a statement on Monday described the figure as...

January 6, 2022 No Responses

2021: Toyota Overtakes GM To Lead US Auto Sales

Japanese carmaker Toyota led US automobile sales in 2021, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry. Toyota sold 2.332 million vehicles in the United States in 2021, compared w...

January 4, 2022 No Responses

Hyundai Records 3.89m Global Sales In 2021

Between January and December 2021, South Korea’s Hyundai Motor Company attained global sales of 3.89 million vehicles, just short of its target of 4 million vehicles. In a statemen t on Monday, the South Korean automaker also set its 202...

December 31, 2021 No Responses

BMW Targets 6,000 New Jobs In 2022

BMW plans to create up to 6,000 new jobs next year to prepare for growing demand for its electric vehicles, the carmaker’s chief executive told daily Muenchner Merkur.BMW is on a very good path through the transformation and has its...

December 31, 2021 No Responses

Hyundai Completes $2.62b GTL Plant In Uzbekistan

Hyundai Engineering has completed construction of GTL (Gas-to-Liquid) plant worth $2.62 billion in Uzbekistan. At the unveiling ceremony were officials from the Uzbekistan government, including President Shavkat Mirziyoyev, Prime Minister Abdulla Ari...

December 23, 2021 No Responses

Hyundai Raises Global EV Sales Target To 1.7m

Hyundai Motor Group has raised its global Electric Vehicle (EV) sales target for 2026 to 1.7 million units from 1 million units. Hyundai Motor CEO Chang Jae-hoon made the remark in an interview with Automotive News published on Tuesday, s...

December 15, 2021 No Responses

Toyota Budgets $35b For Battery Production, Targets 30 EV Models

The management of Japanese Toyota Motor Corporation (TMC)has concluded plans to introduce a full lineup of 30 battery electric vehicles by 2030 and will invest four trillion yen ($35 billion) to boost battery production, the company CEO Akio Toy...

December 11, 2021 No Responses

Coscharis Motors Unveils New BMW 3 Series

The management of Coscharis Motors has unveiled the new BMW 3 Series in Nigeria. Unveiing the 7th generation 3 Series in Lagos, Coscharis Group General Manager, Marketing and Corporate Communications, Abiona Babarinde,&...

December 6, 2021 No Responses

Mandilas Motors Gets Auto Workshop Of The Year Award

The Nigeria Auto Journalists Association (NAJA) has declared Mandilas Motors as the winner of the Auto Workshop Of The Year 2021 Award. At a colourful ceremony held at Eko Hotel, Victoria Island, Lagos, NAJA also pronounce...

December 4, 2021 No Responses

Stallion Group Acquires MG Motor’s Franchise, To Assemble Four Models In Nigeria

MG Motor has appointed Stallion Group as Nigeria’s exclusive distributor for its iconic automobile brand of British origin. Anurag Shah, Nigeria’s General Manager for the brand, who made the disclosure in a statement, explained that plans are in to...

December 2, 2021 No Responses

Hathiramani, Kia Nigeria CEO Emerges Auto Personality Of The Year

Chief Executive Officer, Kia Nigeria, Mr. Jacky Hathiramani, has once again added another highly coveted award to his trophy cabinet this year. The astute businessman has crowned the Auto Personality of the Year in the 2021 edition of the Nigeria...

December 2, 2021 No Responses

Kia K5 Wins ‘Executive Car of the Year’ Award

Since its debut in Nigeria last year, the all-new Kia K5 premium sedan has received widespread plaudits for being the most luxurious and technologically advanced within the executive car segment in the country. Having been widely praised for delivering sport,....

November 30, 2021 No Responses

Kia Displays Style, Strength At Abuja Auto Fair

Kia Nigeria participated in the recently held 21st Abuja International Auto Fair. At the fair, the all-new 2021 made-in-Nigeria Kia models attracted the vast majority of visitors. A statement sent to City Business News on Monday explaine...

November 21, 2021 No Responses

Electric Vehicle Transition Threatens 60,000 Italian Jobs

The transition to electric cars could jeopardise 60,000 jobs in Italy, one of the country’s main metal workers’ unions has said and called on the government to support a sector that is “overwhelmed by changes”.Industry analysts say the...