Auto News Archives — Page 24 of 60

August 20, 2021 No Responses

Toyota To Cut Global Production By 40%

Toyota is to slash worldwide vehicle production by 40% in September because of the global microchip shortage. The world’s biggest carmaker had planned to make almost 900,000 cars next month but has now reduced that to 540,000 vehicles. Volkswagen, the...

August 8, 2021 No Responses

Hyundai Nigeria Seeks Subsidy On Locally Assembled Electric Vehicles

Stallion Hyundai Motors Nigeria has appealed to the Federal Government to approve subsidy for locally assembled Electric Vehicles. Speaking at the just concluded 2021 Nigeria Auto Journalists Association (NAJA) training workshop, Hyunda...

August 5, 2021 No Responses

Volkswagen Taigo SUV Debuts

Volkswagen has unveiled the all-new Taigo Sports Utility Vehicle (SUV) coupe.Volkswagen Taigo is the first SUV coupe by the brand to drive in the European roads. The company has already launched the compact crossover SUV as Nivus in South America and Mexico...

August 4, 2021 No Responses

Mercedes-Benz Rolls Out New S-Class S680 Guard

Mercedes-Benz has unveiled the new S-Class S680 Guard, the armoured version of its S-Class range with VPAM VR10 certification–the highest level of protection granted for civil vehicles. According to Daimler, the technology used for the...

August 2, 2021 No Responses

With $40k Price Tag,1st All-Electric Kia Sedan Debuts

Kia, South Korea’s auto firm on Monday launched an all-electric EV6 sedan in the domestic market ahead of its overseas launches later this year.The EV6 is Kia’s first model embedded with Hyundai Motor Group’s own EV-only electr...

August 2, 2021 No Responses

Hyundai Records 60,249 Sales In July

For the month of July, 2021, South Korea Auto firm, Hyundai reported a 46 percent increase in total sales at 60,249 units. According to Hyundai Motor India Ltd (HMIL), domestic sales were up 26 percent to 48,042 units as against...

August 2, 2021 No Responses

Volkswagen Records $13.5 b Profit In Half-Year Performance

Volkswagen has raised its profit margin target for the second time in less than three months, pointing to record earnings in the first six months of 2021 that came in above pre-pandemic levels.The company said it now expected an operating return on...

July 30, 2021 No Responses

Nigeria Incorporates Electric Vehicles In Revised Auto Plan

By Moses Ebosele, ebosele@hotmail.com – The Nigerian Government is incorporating Electric Vehicles (EVs) into its National Automotive Industry Development Plan (NAIDP). Addressing participants on Thursday at forum put together by the Nigeria Autom...

July 28, 2021 No Responses

Hyundai Opens New Corporate HQ

Hyundai Motor India (HMI), which is celebrating its silver jubilee in India on Tuesday, July 27, 2021, inaugurated its new corporate headquarters in Gurgaon.The new 10-storied headquarter in Gurgaon, which is Delhi-NCR’s IT belt, is a greenfield pro...

July 27, 2021 No Responses

NADDC, FRSC, Coscharis, Weststar, TNL, Others Back 2021 NAJA Workshop

All is now set for this year’s edition of the Nigeria Auto Journalists Association (NAJA) Training/Capacity Building programme scheduled for Thursday, July 29, 2021 inside the training hall of Golden Tulip Hotel, along the Murtala Muhammed International Airp...

July 26, 2021 No Responses

Ford Escape Explains Special Discounts, Renews Commitment In Nigeria

One of the exciting take homes from the recently held Lagos Motor Fair was the announcement by Coscharis Motors Plc, Ford brand’s sole authorised dealer in Nigeria, of the nearly Two Million Naira discount on one of Ford’s vehicle name...

July 23, 2021 No Responses

Daimler Reports $4.3b Quarterly Profit

Germany – German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to electric vehicles....

July 22, 2021 No Responses

Kia, Hyundai To Develop Alkaline Water Electrolysis System

Kia Corporation and Hyundai Motor Company have signed a memorandum of understanding with Next Hydrogen Corporation, a Canadian company specialising in water electrolysis technology to bolster their efforts to usher in a global hydrogen...

July 20, 2021 No Responses

VW To End Production, Sales Of Passat

The management of Volkswagen AG on Monday said it will end U.S. sales and production of the Passat sedan next year, the latest shift by automakers away from cars and toward larger sport utility vehicles.Volkswagen said it will end U.S. asse...