Auto Market Archives — Page 2 of 14

June 3, 2022 No Responses

Coscharis Unveils All-New Ford Bronco

Coscharis Motors unveiled the all-new Ford Bronco into the Nigerian market at the ongoing Lagos Motor Fair. Speaking during the launch, Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group, said, “The Bronco has come home to stay in Nigeria....

May 31, 2022 No Responses

Nissan Unveils New Corporate HQ

Nissan India has inaugurated its new corporate headquarters in Gurugram. The facility is situated in Worldmark Gurugram and will be the carmaker’s hub for sales, marketing, aftersales, finance, human resource, and corporate communications. Accordi...

May 17, 2022 No Responses

VW Targets 800,000 Fully-Electric Cars This Year, 1.3m In 2023

Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the carmaker said, as it works towards making half its global output all-electric by 2030. It is optimistic that it will reach European...

May 10, 2022 No Responses

Hyundai Plans U.S. EV Plant

Hyundai Motor Company plans to build a new electric-vehicle manufacturing plant in the United States and has held discussions with officials in Georgia, near existing plants for the Hyundai and Kia brands, people with knowledge of its plans told Reuters....

May 2, 2022 No Responses

Geely Delivers 78,478 Units In February, Penetrates African Market

For the Month of February 2022, Geely Auto recorded total sales volume of 78,478 units, an increase of approximately Two per cent from the same period last year, but down approximately 46% from January 2022, primarily due to the supply sho...

April 10, 2022 No Responses

Mikano Unveils All-New Geely Azkarra, Gets Order For 100 Units

By Moses Ebosele, ebosele@hotmail.com The Motors division of Mikano International has welcomed the All-New Geely Azkarra Sports Utility Vehicle (SUV) to Nigeria. Unveiling the Azkarra at a colourful ceremony in Lagos, on Saturday, General Manager, M...

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 6, 2022 No Responses

Q1: Toyota Outsells GM In the US

United States automakers reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold ...

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...

February 11, 2022 No Responses

Toyota Quarterly Profit Beats Estimates

Toyota has declared a forecast-beating net profit of $6.8 billion for the three months to December, even as a global chip crunch and a pandemic-driven parts shortage forced production cuts.AFP report that the Japanese auto giant, which kept its crown as...