Auto News Archives — Page 32 of 60

February 18, 2021 No Responses

Jaguar Land Rover To Sack 2,000 Workers

The management of Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030.“The...

February 17, 2021 No Responses

FG To Establish Automotive Industrial Parks In Nnewi, Ede, Kaduna

The Director General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, on Tuesday said the Federal Government will establish Automotive Industrial Parks in three states to promote local production of v...

February 16, 2021 No Responses

Jaguar Car Brand To Be All-Electric By 2025

Jaguar Land Rover’s Jaguar brand will be all-electric by 2025, the carmaker has said. The company will launch electric models of its entire Jaguar and Land Rover line-up by 2030, it added. The firm said it would keep all three...

February 15, 2021 No Responses

Mercedes-Benz Crosses 50m Vehicle Production Landmark

Mercedes-Benz family has achieved the milestone of producing fifty million vehicles globally. The foremost auto firm explained at the weekend that the fifty millionth car produced is the new Mercedes-Maybach S-...

February 13, 2021 No Responses

Electric Cars: Autoworkers Face Uncertain Future

When General Motors boldly announced its goal last month to make only battery-powered vehicles by 2035, it didn’t just break from more than a century of internal combustion engines. It also clouded the future for 50,000 GM workers whose jobs could beco...

February 10, 2021 No Responses

Kia Redefines Agenda, Long-Term Growth

South Korean carmaker Kia announced an update of its ‘Plan S’ strategy for its future business at the 2021 CEO Investor Day, held digitally on Tuesday in Seoul.The renewed Plan S strategy is underpinned by three core pillars: advancing electri...

February 6, 2021 No Responses

Nigeria Pledges Support For Hyundai Kona,Begins Construction Of Solar Power Charging Stations

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Minister of Industry, Trade and Investment, Otunba Niyi Adebayo has congratulated Stallion Group and its subsidiary, Hyaundai Nigeria for introducing the first Electric Vehicle&nbs...

February 5, 2021 No Responses

Electric Vehicle Sales Surge In EU

Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented hit from the Covid-19 pandemic, the European Automobile Manufac...

February 4, 2021 No Responses

Toyota Targets 9.2m Vehicles In 2021

Japan’s Toyota Motor Corporation plans record high global production of 9.2 million vehicles this year, up about 2% from 2019’s pre-coronavirus output. According to Nikkei newspaper, the automaker has informed ...

February 3, 2021 No Responses

Ford To Invest $1b In South African Operation

Ford Motor Company said on Tuesday that it would invest $1.05 billion into its South African manufacturing operations. It will be the biggest investment by the company in the country. The investment will further modernise and expand manufacturing ope...

February 2, 2021 No Responses

Hyundai Declares 57% Increase In Profit

South Korea’s Hyundai Motor Co has reported a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars. Hyundai, which together with affiliate Kia Corp...