Auto News Archives — Page 7 of 61

June 20, 2023 No Responses

Italy Blocks Chinese Control Of Pirelli Tyre

Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy’s government to protect Pirelli’s independence. Beijing-controlled chemical giant Sinochem is Pirelli’s biggest shareholder, with...

June 10, 2023 No Responses

Hyundai Motor Records 349,194 Global Sales In May

Hyundai Motor Company has announced its May 2023 global sales of 349,194 units, an 7.8 percent increase year-over-year. In May, sales outside Korea increased by 7.7 percent to 280,514 units. The gradual recovery from the global parts shortage and product...

May 31, 2023 No Responses

Honda Automobile West Africa Presents Nigerian Built 2023 HRV at NADDC

The Honda Management team led by the Managing Director, Mr Takashi Nakajima, on Tuesday 30th May, 2023, presented the new Nigerian-built Honda HRV to the DG NADDC, Jelani Aliyu, MFR, at the Council’s Headquarters in Abuja. While making a demonstration...

May 19, 2023 No Responses

China Overtakes Japan As World’s Top Car Exporter

Between January and March 2023, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles. Japan used to be the world’s leading vehicle exporter, exporting 1.047 m...

May 13, 2023 No Responses

Geely Releases ESG Report

Geely Automobile Holdings Limited has released its 2022 Environmental, Social and Governance (ESG) report. City Business News report that in the 2022 report, where 2020 is taken as the baseline, Geely Auto’s lifecycle carbon emissions per vehicle decre...

May 13, 2023 No Responses

Hyundai Delivers 1,021,712 Units In Three Months

By Moses Ebosele, ebosele@hotmail.com — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe, a 13.2 percent increase from a year earlier. City Business News report that sales in markets outside o...

May 5, 2023 No Responses

Hyundai Reports 336,212 Global Sales In April

Hyundai Motor Company has announced April 2023 global sales of 336,212 units, a 8.5 percent increase year-over-year. City Business News reports that despite the continued uncertainties in the business environment, the company maintained its robust sales moment...

April 28, 2023 No Responses

Hyundai Wins 19 Design Awards In Multiple Categories

Hyundai Motor Company, its Marketing unit and Hyundai Motor Group won a combined 19 prizes, including a ‘Gold’ honor, at the prestigious International Forum (iF) Design Award 2023 in the Product, Professional Concept, Interior Architecture, Communication, ...

April 18, 2023 No Responses

Geely Delivers 1,432,988m Vehicles In 2022, Targets 1.65m Units In 2023

By Moses Ebosele, ebosele@hotmail.com — For the year 2022, Geely Auto delivered a total of 1,432,988 million vehicles with its higher segment flagship models driving the brand’s growth. City Business News reports that within the year u...

April 15, 2023 No Responses

Ford Unveils Hands-Free Driving Technology

Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK. BBC report that Ministers have approved the “hands-off, eyes-on” technology for use on certain...

April 12, 2023 No Responses

Kia, Firm Seal Partnership On Reality Of Food Waste

Kia Corporation has partnered Dubai-based start-up, The Waste Lab, and launched a three-stage GCC based campaign whilst transforming food waste into healthy compost. A statement sent to City Business News explained that the partnership, commenced at the start ...

April 10, 2023 No Responses

NIPCO: Over 7,000 Vehicles In Nigeria Running On CNG

The Nigerian Independent Petroleum Company (NIPCO) has intensified investment in gas infrastructure as part of measures to aid diversification and Nigeria’s energy transition.Briefing Journalists on Sunday during a facility tour of the company, Managing Dire...

April 7, 2023 No Responses

All-New Honda HR-V Debuts In Nigeria

Honda Automobile Western Africa Limited {HAWA} has unveiled the all-new Honda HR-V Sports Utility Vehicle (SUV) in Nigeria. The new generation HR-V is supported by a five-year/100, 000 warranty, in addition to five-year free service including ...

April 4, 2023 No Responses

Auto Policy: Ministry To Seek FEC’s Approval

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo disclosed on Monday that the ministry will soon submit a new auto policy for the approval of the Federal Executive Council (FEC). The minister said this when the Senior Executive...