Auto News Archives — City Business News

October 20, 2021 No Responses

Honda Introduces Anti-Viral Cabin Air Filter

The management of Honda Cars India on Tuesday introduced an advanced cabin air filter that captures viral aerosols.According to the company, the anti-virus, cabin air filter was developed in co-operation with Freudenberg and is offered as a new Honda genuine spare part, as an alternative to the...

October 17, 2021 No Responses

Hyundai CRETA Displays Style, Performance

All-New Hyundai CRETA Sports Utility Vehicle (SUV) has successfully settled in the Nigerian market. Fortified with more strength, award-winning CRETA was recently honoured with the global CarandBike 2021 Award as the Compact SUV of the year. C...

October 16, 2021 No Responses

Toyota Cuts Global Production Plan By 15%

Toyota Motor Corporation on Friday cut its planned global output for November by as much as 15% due to ongoing chip shortages, but indicated it would ramp up production from December by sticking to its latest full-year production target.Japan’s lead...

October 14, 2021 No Responses

NAJA Opens Nominations For Nigeria’s Car Of The Year

The Nigerian Auto Journalists Association (NAJA) has announced date for the 2021 edition of the NAJA Awards. A statement issued by the 2021 NAJA Awards Planning Committee Chairman, Theodore Opara explained that the 2021 edition is scheduled for...

October 12, 2021 No Responses

Jaguar Land Rover Delivers 92,710 Units In Q2

For the second quarter ended September 30, 2021, Jaguar Land Rover delivered 92,710 vehicles, 18.4% lower than the 113,569 vehicles sold in Q2 last year. Retails were lower year-on year in most regions, including North America (-15.6%), China (...

October 5, 2021 No Responses

Jaguar Land Rover Begins Delivery Of New SUV F-PACE

Jaguar Land Rover (JLR) on Monday commenced deliveries of the new Jaguar F-PACE SVR Sports Utility Vehicle (SUV) to customers in India.Powered by a petrol engine with an output of 405kW, the vehicle can accelerate from 0-100 km/h in 4 seconds.The performanc...

October 3, 2021 No Responses

BMW Lifts 2021 Annual Profit Forecast To 9.5%-10.5%

The management of BMW AG has lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%. The company in a statement also boosted its forecast for return on equity in its financial services segment to 20%-23% fr...

October 3, 2021 No Responses

Toyota Outsells GM In Nine Months

Japanese automaker, Toyota Motor Corporation outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage.Toyota du...

October 2, 2021 No Responses

Rolls-Royce Targets All-Electric Range By 2030

Rolls-Royce will produce only electric cars by 2030, the luxury carmaker has said, joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar‘s Land Rover.The BMW-owned brand explained in a statement that its first...

October 1, 2021 No Responses

Peugeot Loses Patent Case Against Piaggio

Peugeot Motorcycles, owned by Mahindra & Mahindra has been banned from selling three-wheeled scooter Peugeot Metropolis in France and Italy.Meanwhile, Courts in Paris and Milan have also slapped penalties on the French co...

October 1, 2021 No Responses

Rolls-Royce First Fully Electric Car Unveils Agenda

In a historic announcement, Rolls-Royce Motor Cars on Thursday announced that on-road testing of its first fully electric motor car is imminent. Rolls-Royce Motor Cars Chief Executive Officer, Torsten Müller-Ötvös, said: “Today is the most significant...

September 29, 2021 No Responses

Toyota Acquires Renovo

Toyota Motor Corporation Silicon Valley research arm has acquired automotive operating system software company Renovo to help accelerate the development of fully autonomous connected vehicles.“I am hoping to shave off years and months to our minimum via...

September 29, 2021 No Responses

Jaguar Land Rover Begins Bookings For New I-PACE

Jaguar Land Rover has commenced bookings for the new I-PACE Black in the India market. According to the company, the all-electric performance SUV’s appeal is heightened further by the creation of the I-PACE Black, which comes with...

September 28, 2021 No Responses

Rolls-Royce Spanish Unit Gets $2b Price Tag

The management of Rolls-Royce has agreed to sell its Spanish unit ITP Aero to a consortium led by Bain Capital Private Equity for 1.7 billion euros ($2.0 billion), bringing the British engineering company close to its 2-billion-pound target for disposal...