Auto News Archives — Page 45 of 58

March 20, 2020 No Responses

Stallion Motors – Hyundai To Unveil Nigeria’s first Electrical Car

By Moses Ebosele, ebosele@hotmail.com — Nigeria is set to join the rest of the World in embracing electric cars before the end of 2020 courtesy Stallion Motors, Nigeria’s leading auto assembler and franchisee of nine Global brands including Hyundai. Recently, the company’s Group...

March 19, 2020 No Responses

Rolls-Royce Suspends Production

Rolls-Royce Motor Cars has announced that it will be suspending production at its Goodwood-based manufacturing plant in response to the coronavirus pandemic. The luxury car manufacturer will suspend production at its Sussex plant from Monday, March 23 for two ...

March 17, 2020 No Responses

Hyundai Receives 14,000 Bookings For New Creta SUV

Hyundai Motor has unveiled the new Creta SUV for the India market. The automaker disclosed on Monay that it has received more than 14,000 bookings for the new Creta in less than 15 days. According to Hyundai, 50 percent of the bookings...

March 13, 2020 No Responses

BMW Declares $115.4b In 2019

BMW on Thursday reported a 29-percent drop in profits in 2019, blaming heavy legal costs and high investments in a challenging economic environment. Despite record revenues of 104 billion euros ($115.4 billion), driven by strong sales of its highest-end models...

March 12, 2020 No Responses

Dana Motors Displays Made-In-Nigeria Kia, DFM Models In Abuja

Dana Motors, a leading auto company in Nigeria participated in the recently held media parade organized by the National Automotive Design and Development Council [NADDC] in Abuja. A prelude to the eventful Argungu Motor rally, the all-new 2020 Kia and...

March 11, 2020 No Responses

Nissan Pulls Out Of Venture Fund With Renault, Mitsubishi

Nissan Motor Company is to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker’s drive to cut costs and conserve cash. Under the arrangement, Nissan will...

March 9, 2020 No Responses

New Volkswagen Tiguan Allspace Debuts

Volkswagen family has announced the launch of its first Sports Utility Vehicle (SUV) of 2020, the Tiguan Allspace in India. Based on the MQB architecture, the Tiguan Allspace seven-seater SUV comes powered by a 2.0-litre TSI petrol engine, clubbed with.....

March 7, 2020 No Responses

Nissan Unveils Agenda For New Qashquai SUV

Nissan on Friday unveiled plans to build its new Qashqai Sports Utility Vehicle (SUV) at its British factory despite warnings over Brexit. The Japanese carmaker has said that if Britain’s departure from the European Union leads to tariffs, its Euro...

March 5, 2020 No Responses

Toyota Recalls 3.2m Vehicles Worldwide

Toyota Motor Corporation on Wednesday recalled 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling. The Japanese automaker first said in January it would recall 696,000 U.S. vehicles with a fuel pump that...

March 4, 2020 No Responses

Toyota Restructures Management Team

Toyota Motor Corporation is to scrap executive vice president (EVP) roles as part of measures to streamline the company’s structure, improve production systems and cut costs. Also on Tuesday, Toyota .named Kenta Kon as its next chief financial offi...

March 2, 2020 No Responses

Hyundai Unveils New Grand i10

Hyundai Motor has unveiled new 1.0-litre turbo GDi engine variant of Grand i10 Nios hatchback in the Indian market. According to Hyundai, the Grand i10 Nios turbo is based on Sportz trim while the new BS-VI compliant 1.0-litre turbo-petrol engine...

March 2, 2020 No Responses

Auto Manufacturers, Dealers Shift Marketing To Online Platforms

Car Manufacturers and Dealers are to present their new models on the internet especially online news platforms following the cancellation of the Geneva Motor Show because of the coronavirus epidemic. The announcement came after the Swiss government banned all ...

February 22, 2020 No Responses

Chinese Car Sales Drop 92 Per Cent

Chinese sales of passenger cars collapsed 92 per cent on an annual basis in the first 16 days of February as the coronavirus outbreak halted business output across the country. According to China Passenger Car Association (CPCA), only 4,909 vehicles...

February 21, 2020 No Responses

Pirelli Unveils New Agenda For Growth

Pirelli has disclosed plans to focus on its premium products and cost-cutting measures to drive a gradual increase in core profit margins over the next two years. Announcing its strategic plan along with annual results, the group said its margin...