Suzuki Declares Drop In Sales, Profit

Suzuki Declares Drop In Sales, Profit

Suzuki Motor Corporation on Friday reported 11 per cent fall in third-quarter operating profit to its lowest in roughly three years as vehicles sales in Japan, Pakistan and Thailand slipped, while demand in India, its biggest market, stayed weak.  Japan’s...
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Pirelli To Double Dealer Network

Pirelli To Double Dealer Network

Italian tyre major, Pirelli has drawn up a plan to double its distribution network to 1,200 by the end of next year in India. The company, known for premium and prestige tyre range, majorly caters to cars and motorcycle segments....
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Suzuki Unveils New Vitara

Suzuki Unveils New Vitara

Suzuki family on Thursday unveiled 2020 Vitara Sports Utility Vehicle (SUV) at the ongoing Auto Expo in India.  The SUV comes with the 1.5-litre K-series BS-VI petrol engine. It will be offered in three new dual-tone color options: Red with...
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Hyundai Unveils New Tuscon

Hyundai Unveils New Tuscon

Hyundai Motor on Wednesday unveiled New 2020 Tuscon on the first day of Auto Expo 2020. The new 2020 Tuscon comes with 2.0-litre diesel and petrol engines. The Diesel engine is mated to a new 8-speed automatic transmission churning out...
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New Kia Sorento Leads Lagos City Marathon

New Kia Sorento Leads Lagos City Marathon

The plan for the fifth edition of the Access Bank Lagos City Marathon sponsored by Kia Motors Nigeria is in top gear with the 2020 Kia Sorento ready to set the pace as the race official lead vehicle. Widely revered...
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Prices Of Vehicles May Soar As NADDC Proposes 125% Import Tariff

Prices Of Vehicles May Soar As NADDC Proposes 125% Import Tariff

Nigeria’s automotive sector regulator, National Automotive Design and Development Council (NADDC) has proposed 100 per cent import tariff for Fully Built Units (FBUs) and 125 per cent for used cars.  The Federal Government had in November 2013, raised d...
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Suzuki Announces Price Hike

Suzuki Announces Price Hike

Maruti Suzuki India Limited (MSIL) on Monday announced 4.7 per cent price hike for select models with effect January 27, 2020.According to the company, the  rise in prices will be on Swift, Alto, WagonR, S-Presso and Ertiga.The company identified input...
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Ceat Projects More Export To Europe

Ceat Projects More Export To Europe

Anti-dumping duties by Europe and the US on Chinese tyre makers have opened a window of export opportunity for the Indian tyre industry,  managing director of Ceat, Anant Goenka has said According to Goenka, the European market holds the biggest...
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New Kia Compact SUV Debuts Next Month

New Kia Compact SUV Debuts Next Month

Kia Motors is to unveil new compact Sports Utility Vehicle (SUV) concept next month at  Auto Expo 2020. According to the company, this is going to be the third model from the South Korean auto brand in India, with the...
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Daimler Records 50 Per Cent Drop In Profit

Daimler Records 50 Per Cent Drop In Profit

German luxury car maker, Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric vehicles and production issues weighed on earnings. According to the Company, its 2019 earnings before....
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Stallion Motors-Hyundai Rewards Customer

Stallion Motors-Hyundai Rewards Customer

Stallion Motors – Hyundai and LG recently rewarded Mr. Ebun Sofunde San. In a raffle draw promotion, the happy customer took home an LG Dual cool high end AC Unit. Stallion Group Company, Hyundai Motors registered high sales in 2019...
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Toyota Recalls 3.4m Vehicles Worldwide

Toyota Recalls 3.4m Vehicles Worldwide

Citing electronic defect that can result in air bags not deploying in crashes, Toyota Motor Corporation said on Tuesday that it will recall 3.4 million vehicles worldwide The recall, which includes 2.9 million US vehicles, covers 2011-2019 Corolla, 2011-2013 M...
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BMW Recalls 357,000 Vehicles

BMW Recalls 357,000 Vehicles

BMW is recalling nearly 357,000 older vehicles in the U.S. to replace dangerous Takata front air bag inflators. According to BMW, the inflators are among 10 million sold to 14 automakers that Takata is recalling. It’s the last recall that...
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SHACMAN Trucks GM Visits Nigeria, Explains Network Expansion

SHACMAN Trucks GM Visits Nigeria, Explains Network Expansion

Due to the expanding market of SHACMAN Heavy and Medium Duty Trucks and Road Tractors in Nigeria through its franchise company, Transit Support Services Ltd (TSS), the General Manager of Shaanxi Heavy Duty Automobile Import & Export Ltd, Manufacturers of.....
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