Auto Market Archives — Page 4 of 14

May 20, 2021 No Responses

Coscharis Extends Renault Giveaway Promo

Foremost automobile company and sole distributor of Renault brand in Nigeria, Coscharis Motors has announced the extension of its Renault giveaway promo. The promo which was earlier scheduled to run till the end of April has now been extended to...

May 7, 2021 No Responses

SHACMAN Fire Truck Debuts

To address the issues of the recent rampant fire outbreak across states, Transit Support Services (TSS), has introduced SHACMAN Fire Trucks. SHACMAN fire trucks which was added to SHACMAN Nigeria range ofproducts; tractor heads, dump/tipper trucks, mixer and l...

May 5, 2021 No Responses

Winpart By CFAO Unveils Spare Parts e-Commerce Website For All Car Brands

Winpart, a division of CFAO Motors and Nigeria’s fast-growing distributor in original vehicle maintenance spare parts, has launched an e-commerce website as part of its commitment to solve the fake parts dilemma faced by vehicle owners, and to deepen ac...

May 4, 2021 No Responses

New Nissan Pathfinder Debuts

Nissan has rolled out new Nissan Pathfinder Sports Utility Vehicle (SUV). The 7-seater SUV builds upon the characteristics of its predecessors.Under the hood of the new Pathfinder is a 284-horsepower 3.5-liter Direct Injection V6 with 259 lb-ft of torque. The....

May 3, 2021 No Responses

South Korea Captures 31 Per Cent Of Global Electric Vehicle Battery Market In Q1

Three South Korean electric vehicle (EV) battery makers accounted for 31 percent of the global market in the first quarter, but their share has slipped since last year in the face of toughening competition with Chinese rivals, a market research firm said...

April 29, 2021 No Responses

Toyota To Invest $803m In New Plant, Targets 1,400 Jobs

Toyota says it will invest $803 million and add 1,400 new jobs at its Indiana auto manufacturing plant so it can produce two new SUVs there, one of which will be the first Lexus made at the plant.The Japanese automaker says both...

April 15, 2021 No Responses

Hyundai Seven-Seater Alcazar SUV Debuts

Hyundai Motor has unveiled Alcazar Sports Utility Vehicle (SUV) for the global market. Fortified with 2.0L 159 PS petrol engine, the upcoming Hyundai Alcazar will also get a 1.5L 115 PS diesel engine According to Hyundai Motor India Limited (HMIL),...

April 2, 2021 No Responses

Nissan Delivers 4,012 Units In March

Riding on the successful launch of Magnite SUV, Nissan India on Thursday reported wholesale of 4012 vehicles in March 2021. The company witnessed a growth of 385.71% over March 2020 when it sold only 826 units as sales were aff...

February 27, 2021 No Responses

Despite Covid-19, Volkswagen Reports $10.7b Profit In 2020

For the 2020 financial year, Volkswagen disclosed on Friday that it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax despite the pandemic. The world’s No. 2 automaker said the rapid recovery of ...

February 15, 2021 No Responses

Mercedes-Benz Crosses 50m Vehicle Production Landmark

Mercedes-Benz family has achieved the milestone of producing fifty million vehicles globally. The foremost auto firm explained at the weekend that the fifty millionth car produced is the new Mercedes-Maybach S-...

February 6, 2021 No Responses

Nigeria Pledges Support For Hyundai Kona,Begins Construction Of Solar Power Charging Stations

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Minister of Industry, Trade and Investment, Otunba Niyi Adebayo has congratulated Stallion Group and its subsidiary, Hyaundai Nigeria for introducing the first Electric Vehicle&nbs...

January 24, 2021 No Responses

VW Operating Profit Drops By Half In 2020

For the year 2020, Volkswagen adjusted operating profit nearly halved but car deliveries, according to the company had recovered strongly in the fourth quarter.The world’s largest carmaker said full-year operating profit adjusted for ...

January 16, 2021 No Responses

Honda City Records 21,826 Sales In 2020

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units.Staying true to its legacy of being the Japanese automaker’s longest running nameplate in India, the all-new fifth generation Cit...

January 15, 2021 No Responses

Volkswagen Delivers 9.3m Cars In 2020

German automaker Volkswagen said its global sales fell 15.2 percent during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles.Global sales for all...