Auto Industry Archives — City Business News

November 23, 2023 No Responses

NADDC, Innoson, CFAO, Stallion, Dana, Mikano Motors, Others Brainstorm On Viable Auto Industry

The National Automotive Design and Development Council (NADDC), on Wednesday, met with major auto stakeholders in Lagos to brainstorm on possible ways of promoting the Nigerian Automotive Industry. The National Automotive Industry Development Plan, (NAIDP) took centre stage of the extensive deliberations as stakeholders...

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...

August 2, 2022 No Responses

Oscar Odiboh Tasks Media To Rebuild Auto Industry

A Senior Lecturer at the Covenant University, Ota, Ogun State, Dr Oscar Odion Odiboh has challenged Automobile Journalists to assist in building the auto industry. In his presentation at the just concluded Training/Capacity Bu...

April 7, 2022 No Responses

MG, Toyota, Hyundai Top In Sales Satisfaction Index

On a 1,000-point scale, MG India has ranked highest in the J.D. Power 2021 India Sales Satisfaction Index (SSI) Study., MG scored 881, followed by Toyota India (877) and Hyundai India (875). The J.D. Power 2021 India Sales Satisfaction Index (S...

April 1, 2022 No Responses

Toyota Rolls Out 884,528 Vehicles In February

Parts supply disruptions continued to affect Japanese automakers’ global production for February, but the results released by Toyota showed a clear contrast. Toyota said its group, including Daihatsu and Hino Motors, produced 884,528 vehicles globa...

November 22, 2021 No Responses

Toyota Nigeria Unveils New Corolla

By ebosele@hotmail.com — Toyota Nigeria Limited (TNL) has unveiled new Corolla sedan for the nation’s market. The new Corolla was the only new vehicle (model) unveiled at the just concluded 2021 Abuja auto fair. Toyota N...

October 15, 2021 No Responses

Customs Lauds Toyota Nigeria On Appropriate Duty Payments

By Moses Ebosele, ebosele@hotmail.com — The Nigeria Customs Service (NCS)has commended Toyota Nigeria Limited (TNL) for “paying appropriate duty always“. Speaking at a ceremony in Abuja where Toyota Nigeria honoured NCS as ...

August 31, 2021 No Responses

5G To Boost Auto Industry

Automakers have always prioritised safety, but 5G will provide them with capabilities they may have never thought possible. According to experts, it also presents a relatively new consideration: cyber safety. As vehicles become megaphones of ...

August 11, 2021 No Responses

Nissan Boss Implores Nigeria, Others On Auto Industry Development Plan, AfCFTA

Managing Director, Nissan’s Africa regional business unit, Mike Whitfield, has urged Nigeria and other African nations to put in place Automotive Industrial Development Plan as part of measures to unlock the economic benefits of the African Continental Fr...

April 28, 2021 No Responses

Kia To Enter New Segment In 2022

Stepping up its transformation game to drive eco-friendly mobility solutions in the India Market, Kia India is getting ready to enter a new segment by early 2022.“In continuation of our aim to drive innovation for future mobility and offer the ...

February 19, 2021 No Responses

Afreximbank, Association Sign MoU To Promote Automotive Industry In Africa

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. A joint statement issued by both o...

October 30, 2020 No Responses

Hyundai Self-Driving Venture Debuts

Hyundai Motor Company’s self-driving joint venture, Motional and public transit technology firm, Via have partnered to launch a shared robotaxi service in the United States next year.The partnership, which plans to laun...

October 24, 2020 No Responses

Hyundai Unveils New Technical Skills Academy For Youth

Hyundai Motor on Friday announced its upcoming ‘Hyundai Academy for Technical Skills’ to cater for the Indian youth. Situated in Irungattukkottai, near Chennai, the upcoming training centre, according to the company will be a technology marvel and wi...

July 15, 2020 No Responses

Hyundai Launches New Tucson SUV

Hyundai Motor on Tuesday launched its facelifted Tucson Sports Utility Vehicle (SUV) for the Indian market through its new digital platform ‘The Next Dimension’. The South Korean auto firm also introduced the new Creta SUV and Verna sedan to th...