Auto Business Archives — Page 2 of 46

February 15, 2023 No Responses

Hyundai Records 306,296 Sales In January

Hyundai Motor Company has announced its January 2023 global sales of 306,296 units, a 8.4 percent increase over last year. City Business News report that despite the continued uncertainties in the business environment, Hyundai global sales have grown steadily from...

February 13, 2023 No Responses

Geely Raises $750m For Zeekr Brand

Zeekr, the electric car brand of China’s Geely Automobile Holdings is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion. Zeekr, which sells two purely electric car models, said.....

February 13, 2023 No Responses

Hyundai Donates $2m To Earthquake Victims In Turkey, Syria

Hyundai Motor Group has pledged $2millon for the relief efforts in Turkey and Syria. Under Hyundai Motor Group, Hyundai Motor Company, Kia, and Hyundai Mobis are all contributing to the donations, which will be made through the Korean Re...

January 26, 2023 No Responses

Geely Records 1,432,988 Sales In 2022

Geely Auto has announced its December and annual sales figures for 2022: 146,017 passenger cars were sold in December, and the total cumulative sales of Geely Auto for 2022 reached 1,432,988 units, up 8% year-on-year, with production and sales exceeding...

January 15, 2023 No Responses

Kia Extends Australian Open Partnership To 2028

Kia Corporation has extended its support of the Australian Open to 2028, continuing the brand’s highly successful partnership with the prestigious tennis Grand Slam event that first began in 2002. A statement issued by Kia explained that at the A...

January 13, 2023 No Responses

Kia Wins Good Design Awards

Kia Corporation has received four prestigious accolades in the 2022 GOOD DESIGN Awards transportation category for its 2023 Niro, Concept EV9, EV Infotainment System, and Magenta Design Infotainment System. The all-new Kia Niro...

January 12, 2023 No Responses

GS4, Geely Coolray, Suzuki S-Presso, Jostle For Car-Of-The-Year Award

The Nigeria Auto Journalists Association (NAJA) has announced finalists for its 2022 Nigeria Auto Industry Awards scheduled for January 25, 2023 at Oriental Hotel, Victoria Island, Lagos. NAJA Auto Awards is an annual event that celebrates auto brands ac...

January 12, 2023 No Responses

Hyundai Motor Group Executive Chair Emerges MotorTrend Person Of The Year

Hyundai Motor Group Executive Chair, Euisun Chung, has been honored with the MotorTrend Person of the Year award, having secured the number one position in MotorTrend’s esteemed 2023 Power List. The MotorTrend Power List ranks the 50 most influential p...

January 4, 2023 No Responses

Saudi Arabia Partners Hyundai, Targets 500,000 Electric Cars In 2030

The Kingdom of Saudi Arabia’s Ministry of Industry has signed a memorandum of understanding with the South Korean company Hyundai Motors to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA)...

December 8, 2022 No Responses

Kia Bags ‘Manufacturer Of The Year’ Award

Kia has been named ‘Manufacturer of the Year’ at the 2022 TopGear.com Awards, finishing the year on a high. City Business News report that this is the second consecutive year that Kia has taken home a win at the TopGear.com...

December 3, 2022 No Responses

All-New Mercedes-Benz C-Class Debuts In Nigeria

The all-new Mercedes-Benz C-Class is now available in Nigeria courtesy Weststar Associates Limited, the Authorized General Distributor of Mercedes-Benz in Nigeria. A statement sent to City Business News on Friday explained that the all-new C-Class comes ...

December 3, 2022 No Responses

Coscharis Motors, AIICO, Tangerine, Seal Auto Insurance Partnership

Coscharis Motors has signed a Memorandum of Understanding (MoU) with AIICO Insurance Plc and Tangerine Life as part of measures to incorporate insurance into its automobile sales. Speaking at a joint news conference in Lagos, General Manager, Marketing a...

December 3, 2022 No Responses

NAJA Awards Hold January 25

The Nigeria Auto Journalists Association (NAJA) has announced plans to hold the 2022 edition of the Nigeria Auto Journalists Awards on Wednesday January 25, 2023 at Eko Hotels and Towers, Victoria Island, Lgos State Chairman of the Planning Committee, Mr...

December 1, 2022 No Responses

JAC Motors Offers N1m Discount In End Of Year Promo

JAC Motors Nigeria has unveiled a special end-of-year promo for its numerous existing customers as well as potential customers across the country. The company says it wants its customers to celebrate holidays and the festive season in a grand style...