Hyundai Motor To Invest $79.2b ln Eight Years 

Hyundai Motor To Invest $79.2b ln Eight Years 

South Korea’s Hyundai Motor said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses.  Hyundai Motor, which together with affiliate Kia Corp...
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Nissan Nigeria Introduces New Navara To Customers

Nissan Nigeria Introduces New Navara To Customers

Stallion NMN Limited, Nigeria’s exclusive representative of Nissan brand, has officially revealed the new Navara pickup truck to its Nigerian customers.   Held on Friday evening at the Oriental Hotel, Lekki, Lagos, the Navara Customer launch attrac...
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Vitafoam Begins Production Of Oil Filter For Automobiles

Vitafoam Begins Production Of Oil Filter For Automobiles

Vitaparts Nigeria Limited, a subsidiary of Vitafoam Nigeria Plc, has commenced manufacture of oil filters for automobiles.  The Company’s Operations Manager, Eghosa Osadolor, in a statement on Wednesday explained that the innovation puts the compan...
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Thailand Approves Tax Breaks For Electric Vehicles

Thailand Approves Tax Breaks For Electric Vehicles

Thailand’s cabinet has approved tax incentives to promote a shift to electric vehicles (EVs), and to attract “high potential” foreigners to help boost the economy, the finance minister said.Reuters report that the vehicle tax measures inclu...
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Toyota Delivers 239,723 Units In Thai, Targets 284,000 In 2022 

Toyota Delivers 239,723 Units In Thai, Targets 284,000 In 2022 

The Thai unit of Toyota Motor Corporation expects its car sales in the Southeast Asian country to rise 18.5% to 284,000 vehicles this year.  Reuters report that Toyota, which commands about a third of the Thai vehicle market, recorded sales...
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NAJA Reelects Ocheoma As Chairman

NAJA Reelects Ocheoma As Chairman

The Nigerian Auto Journalists Association (NAJA) has reelected Mike Ocheoma of Business AM Newspaper as Chairman to pilot the affairs of the association for another three years.   In the keely contested election held in Lagos on Friday, Ocheoma emerged ...
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NADDC Trains 70 Auto Technicians   

NADDC Trains 70 Auto Technicians   

The National Automotive Design and Development Council (NADDC), has trained 70 automobile technicians in North East.  Speaking at the closing ceremony of the 14-day training exercise on Friday in Bauchi, the Coordinator, Prof. Ismaila Shehu explained that...
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Hyundai Delivers 44,022 Units In January

Hyundai Delivers 44,022 Units In January

Hyundai Motor India Ltd (HMIL), on Wednesday, reported a decline of 15.35% in its domestic sales to 44,022 units in January 2022. The company had sold 52,005 units in January 2021. Hyundai Motor India  exported 9,405 units in January 2022, ...
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Daimler AG To Rebrand As Mercedes-Benz Group

Daimler AG To Rebrand As Mercedes-Benz Group

Daimler AG will be formally renamed Mercedes-Benz Group AG on Tuesday — nearly a year after the spin-off of its truck and bus division was announced — in a move its boss hopes will unlock shareholder value for the premium-car...
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Nissan Alliance To Invest $25b In Electric Vehicles  

Nissan Alliance To Invest $25b In Electric Vehicles  

The Nissan auto alliance said Thursday it will invest more than $25 billion in electric vehicles over the next five years, marking the latest massive cash injection into the fast-growing sector by the auto industry.Nissan, Renault...
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Hyundai Motor Partners Quantum Computer On Battery Development

Hyundai Motor Partners Quantum Computer On Battery Development

Quantum computer maker, IonQ Incorporated has sealed partnership with Hyundai Motor on the use of quantum computers to develop more effective batteries.  A statement explained that the partnership will create a battery chemistry model to simulate the...
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Jelani, Kunle Ade.Ojo To Unveil Diverse Autocare Centre

Jelani, Kunle Ade.Ojo To Unveil Diverse Autocare Centre

All is now set for the formal commissioning of Diverse Autocare Centre on 11th February, 2022 in Benin City, Edo State. Scheduled to unveil the facility are the DirectorGeneral, National Automotive Design and Development Council (NADDC), Jelani Aliyu &nbs...
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Kia Nigeria Partners Fixit45 On Auto Parts, After-Sales

Kia Nigeria Partners Fixit45 On Auto Parts, After-Sales

As part of measures to offer customers genuine spare parts and exceptional after-sales services, Kia Nigeria has partnered Fixit45.  According to Kia Nigeria, the commitment to provide the very best after-sales service delivery and customer experience to ...
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Porsche Delivers 301,915 Vehicles In 2021

Porsche Delivers 301,915 Vehicles In 2021

Between January and December 2021, Porsche delivered a record 301,915 vehicles to customers worldwide, 11 percent more than 2020.  A statement issued by the German luxury sports car manufacturer, quoted a member of the Executive Board responsible for sale...
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