Auto News Archives — Page 27 of 60

June 17, 2021 No Responses

Locally Assembled Hyundai Kona Fantastic, Says Osinbajo After Test-Drive

By citybusinessnews@yahoo.com — Vice President Yemi Osinbajo has thumped up for the Hyundai Kona Electric Car assembled in Nigeria, describing it as a fantastic machine. The Nigerian Vice president made the remark on Tuesday after test-driving the car, during his tour...

June 15, 2021 No Responses

Hyundai Accelerates ‘Flying Car’ Efforts

Hyundai Motor Co has accelerated efforts around developing “flying cars” and will offer services around those vehicles rather than just selling them, the South Korean automaker’s chief operating officer told Reuters.Hyundai is ahead of t...

June 13, 2021 No Responses

Hyundai Creta Emerges Top Seller In May, Overtakes Suzuki Swift

Hyundai Creta Sports Utility Vehicle (SUV) has emerged as the top seller in May, 2021, in India with 7,527 units, ahead of Suzuki Swift which reported 7,005 units.Swift has been in the top 10 best-seller list since 2008. “Maruti Suzuki do...

June 9, 2021 No Responses

Michelin Announces Price Hike In Africa, India, Middle East

By citybusinessnews@yahoo.com — French tyre maker, Michelin on Tuesday announced that it will increase prices by up to 6 and 8 percent in Africa, India and Middle East region with effect from June 18, 2021. Under the arrangem...

June 9, 2021 No Responses

Kia Reveals New Sportage SUV

Kia Corporation revealed on Tuesday the official images of its new Sportage Sports Utility Vehicle (SUV), crafted to inspire customers with its interior and exterior design.The result of collaborative efforts among Kia’s main global design ne...

June 8, 2021 No Responses

Nigeria To Partner Iran On Auto Assembling, Importation Of Tractors

Nigeria on Monday expressed willingness to partner with the Islamic Republic of Iran in areas of assembling of automobiles, importation of tractors and agricultural equipment to ease farming. The Minister of Special Duties and Intergovernmental Affa...

June 2, 2021 No Responses

Kia Delivers 11,050 Units In May

Kia India, a subsidiary of Kia Corporation, sold 11,050 units in May 2021. On a month-on-month basis the company saw 31% decline in sales as its April sales were at 16,111 units.Sales of Kia Sonet were at 6,627 units. It was followed by Seltos...

May 24, 2021 No Responses

Ford CEO: Electric Vehicle Demand Will Transform Industry

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery-powered vehicles.Jim Farley, the company’s new CEO, calls the introduction of an elect...

May 23, 2021 No Responses

Nissan, Suzuki To Curtail Production In June

A global chip shortage is forcing Nissan Motor Co and Suzuki Motor Corp to temporarily halt production at some plants in June, sources with direct knowledge of the plans told Reuters.Nissan Motor Co will idle its factory in Kyushu, southern Japan, for th...

May 22, 2021 No Responses

Coscharis Unveils New Vehicle Finance Scheme

By citybusinessnews@yahoo.com — Coscharis Mobility Limited, a subsidiary of Coscharis Group has unveiled new vehicle finance scheme in partnership with Coscharis Motors. Unlike the conventional vehicle finance usually midwifed by b...

May 21, 2021 No Responses

South Africa Unveils Electric Vehicle Manufacturing Agenda

As part of measures to increase the country’s competitiveness in the global automotive market, the South African Government has launched a public consultation on how to boost domestic production of electric vehicles (EVs). Already, the Department o...

May 20, 2021 No Responses

All-New Kia K5 Settles In Nigeria, Displays Attributes

The K5 luxury sedan since its launch in Nigeria has continued to wow and creates head-turning experiences to people across the country. It’s wide acceptance and awe are a testament to Kia’s commitment to design, quality, and the ownership experience...

May 19, 2021 No Responses

Jaguar Land Rover Explains $1b Loss

Jaguar Land Rover’s (JLR) owner Tata Motors announced a surprise quarterly loss of more than $1bn (£700m). It came as the Indian company wrote off $2.05bn related to its revamp of the UK-based luxury car business. It also warned that...

May 14, 2021 No Responses

Hyundai To Invest $7.4b In Electric Cars, Expansion

South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.The announcement came b...