Mitsubishi Pays €25m Fine To Settle Emission Fraud Allegations

Mitsubishi Pays €25m Fine To Settle Emission Fraud Allegations

Japanese automaker Mitsubishi Motors confirmed Monday it paid a 25 million euro fine issued by German prosecutors over emissions fraud allegations earlier this year.German authorities last year raided 10 sites as part of a probe into suspected diesel emissions cheating involving Mitsubishi cars, with prosecutors saying...
read more
Coscharis Motors Welcomes All-New Land Rover Discovery Sport To Nigeria

Coscharis Motors Welcomes All-New Land Rover Discovery Sport To Nigeria

The latest addition to the Discovery family has arrived in Nigeria, courtesy Coscharis Motors.   Scheduled for formal launch this quarter, the Land Rover’s ‘go anywhere’ premium compact Sports Utility Vehicle (SUV), the Discovery Sport, has bee...
read more
Hyundai Motor Unveils Project For Fuel Cell-Propelled Ships

Hyundai Motor Unveils Project For Fuel Cell-Propelled Ships

South Korean Hyundai Motor Company has signed a Memorandum of Understanding (MOU) with marine service provider Hyundai Global Service and classification society Korean Register (KR) to develop and commercialize hydrogen fuel cell systems on marine vessels. The...
read more
Volkswagen Declares $13b Half-Year Profit

Volkswagen Declares $13b Half-Year Profit

Volkswagen on Friday disclosed that first-half operating profit is expected to come in at around 11 billion euros ($13 billion), even surpassing pre-pandemic levels on the back of strong demand in Europe and the United States.Reuters report that the good resu...
read more
Coscharis Motors Unveils All New Ford Explorer At Lagos Motor Fair

Coscharis Motors Unveils All New Ford Explorer At Lagos Motor Fair

Coscharis Motors recently introduced the all new Ford Explorer at the 2021 Lagos Auto Fair, which took place at the Federal Palace Hotel, Lagos. A statement explained that Coscharis’s participation at this edition of the auto fair is in a...
read more
Coscharis Flaunts Ford Trucks At 2021 Lagos Auto Fair

Coscharis Flaunts Ford Trucks At 2021 Lagos Auto Fair

Coscharis Motors recently launched the Ford Trucks brand of Heavy-Duty Commercial Vehicles (HDCV) into the Nigerian market at the just concluded 15th Lagos Motor Fair, held at the Federal Palace Hotel, Lagos.   According to Abiona Babarinde, Gen...
read more
Jaguar Land Rover Begins Range Rover Evoque Deliveries

Jaguar Land Rover Begins Range Rover Evoque Deliveries

Jaguar Land Rover (JLR) on Tuesday commenced deliveries of the new Range Rover Evoque in India.   According to the automaker, the new Evoque is available in R-Dynamic SE trim on Ingenium 2.0 l petrol and the S trim on 2.0 I diesel...
read more
Hyundai, KIA Attain Highest Sales In US

Hyundai, KIA Attain Highest Sales In US

South Korean Auto firm, Hyundai Motor and KIA have achieved the highest sales mark in the US market in the first half of this year (2021).Hyundai Motor sold 407,135 units increased by 49.4 per cent, and KIA sold 378,511 units increased by 43.7 per...
read more
Coscharis Motors Unveils Ford Trucks

Coscharis Motors Unveils Ford Trucks

The management of  Coscharis Motors, authorised representative of Ford Motors in Nigeria, has unveiled Ford Trucks for the Nigerian market.   Regarded as a reliable force in the sector,  Ford Trucks were unveiled recently at ...
read more
All-New Kia Sorento Makes Public Appearance In Nigeria

All-New Kia Sorento Makes Public Appearance In Nigeria

Kia’s presence at the 15th Lagos Auto Fair continues to highlight the wealth of research and development that has gone into the brand’s products, which aims to attract a trendsetting audience.  This is matched by the display of the brand’s allu...
read more
Pirelli Investor, Camfin Ups Stake To 14%

Pirelli Investor, Camfin Ups Stake To 14%

Pirelli investor, Camfin, has increased its stake in the Italian tyre maker to 14.1% as a result of its previous deal with Longmarch, the investment vehicle of China‘s Niu family.Under the deal, Longmarch will take a 7.68% stake in Pirelli through an.....
read more
Toyota Unveils Ghana’s Second Auto Assembly Plant

Toyota Unveils Ghana’s Second Auto Assembly Plant

The launch of a Toyota assembly plant in Ghana, the second auto assembly plant in the country in less than a year, will help reduce imports of secondhand vehicles and boost export earnings, President Nana Akuffo-Addo has said. The assembly ...
read more
Hyundai Rolls Out 10-millionth Car From Tamil Nadu Facility

Hyundai Rolls Out 10-millionth Car From Tamil Nadu Facility

South Korean automaker Hyundai Motor India Ltd (HMIL) said on Wednesday that its 10 millionth car, a 7-seater Alcazar SUV, rolled out from its manufacturing facility in Sriperumbudur near Chennai, Tamil Nadu, marking its 25 years of service in&n...
read more
Volkswagen Targets Majority Stake In Europcar

Volkswagen Targets Majority Stake In Europcar

German carmaker Volkswagen has confirmed that it is considering acquiring a majority stake in car rental company Europcar, along with investors Attestor and Pon Holdings.It said in a statement that considerations are at a very early stage and no...
read more
1 25 26 27 28 29 62