Tag: Auto Report

Toyota Targets One Million Cars In March
January 19, 2022 No Responses

Toyota Targets One Million Cars In March

Foremost auto firm, Toyota Motor Corporation will build 700,000 vehicles globally in February, up 10% on the year, but will still need to make a million more in March in order to reach an annual production target of 9 million, the...
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Reliance, Hyundai, Bid For Incentives Under India’s $2.4b Battery Scheme
January 15, 2022 No Responses

Reliance, Hyundai, Bid For Incentives Under India’s $2.4b Battery Scheme

Indian conglomerate, Reliance Industries, South Korea’s Hyundai Motor Co and automaker Mahindra & Mahindra are among companies that have submitted bids under the country’s $2.4 billion battery scheme, two sources told Reuters.  India last ...
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Toyota Nigeria Gets Multiple Awards
January 12, 2022 No Responses

Toyota Nigeria Gets Multiple Awards

Toyota Nigeria Limited (TNL), recently, occupied the centre stage at the 2021 edition of the annual Nigeria Auto Journalists Association (NAJA) awards held in Lagos State, Nigeria.   TNL got three prized products awards and received the biggest ...
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Rolls-Royce Delivers 5,586 Cars In 2021
January 11, 2022 No Responses

Rolls-Royce Delivers 5,586 Cars In 2021

By Moses Ebosele, ebosele@hotmail.com Between January and December 2021, Rolls-Royce Motor Cars delivered 5,586 cars to clients around the world, up 49 per cent when compared with same period in 2020.  Rolls-Royce in a statement on Monday described t...
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2021: Hyundai Group Delivers 1.49m Units In US
January 7, 2022 No Responses

2021: Hyundai Group Delivers 1.49m Units In US

Between January and December 2021, Hyundai Motor Group, Hyundai, Kia, and Genesis sold a total of 1,489,118 units of vehicles in the United States market  Hyundai Motor sold 738,081 units in the US market last year, up 19 per cent...
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2021: Toyota Overtakes GM To Lead US Auto Sales
January 6, 2022 No Responses

2021: Toyota Overtakes GM To Lead US Auto Sales

Japanese carmaker Toyota led US automobile sales in 2021, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry.  Toyota sold 2.332 million vehicles in the United States in 2021, compared w...
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Fixit45, CFAO Motors Seal Auto Parts Partnership
January 1, 2022 No Responses

Fixit45, CFAO Motors Seal Auto Parts Partnership

Buoyed by its continued commitment to enabling and facilitating value-creating interactions across stakeholders in the automotive industry, leading auto tech platform, Fixit45, with its sub-brand, Xparts has partnered with Winpart, a subsidiary of one of Afric...
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BMW Targets 6,000 New Jobs In 2022
December 31, 2021 No Responses

BMW Targets 6,000 New Jobs In 2022

BMW plans to create up to 6,000 new jobs next year to prepare for growing demand for its electric vehicles, the carmaker’s chief executive told daily Muenchner Merkur.BMW is on a very good path through the transformation and has its...
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Hyundai Completes $2.62b GTL Plant In Uzbekistan
December 31, 2021 No Responses

Hyundai Completes $2.62b GTL Plant In Uzbekistan

Hyundai Engineering has completed construction of GTL (Gas-to-Liquid) plant worth $2.62 billion in Uzbekistan. At the unveiling ceremony were officials from the Uzbekistan government, including President Shavkat Mirziyoyev, Prime Minister Abdulla Ari...
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Hyundai Appoints New MD For India
December 18, 2021 No Responses

Hyundai Appoints New MD For India

South Korean auto major, Hyundai Motor Company, on Friday appointed Unsoo Kim as the new Managing Director of its India operations with effect from January 1, 2022.  A statement explained that Unsoo Kim, currently with the parent company in...
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Hyundai To Unveil Six Electric Vehicles
December 12, 2021 No Responses

Hyundai To Unveil Six Electric Vehicles

Hyundai Motor Company has concluded plans to invest S$530million by 2028 to launch six electric car models in India, a market where the company is number two player.  “We want to be a key contributor to the electric vehicle story in India,”....
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Stallion Group Acquires MG Motor’s Franchise, To Assemble Four Models In Nigeria
December 4, 2021 No Responses

Stallion Group Acquires MG Motor’s Franchise, To Assemble Four Models In Nigeria

MG Motor has appointed Stallion Group as Nigeria’s exclusive distributor for its iconic automobile brand of British origin.   Anurag Shah, Nigeria’s General Manager for the brand, who made the disclosure in a statement, explained that plans are in to...
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Hathiramani, Kia Nigeria CEO Emerges Auto Personality Of The Year
December 2, 2021 No Responses

Hathiramani, Kia Nigeria CEO Emerges Auto Personality Of The Year

Chief Executive Officer, Kia Nigeria, Mr. Jacky Hathiramani, has once again added another highly coveted award to his trophy cabinet this year. The astute businessman has crowned the Auto Personality of the Year in the 2021 edition of the Nigeria...
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Kia K5 Wins ‘Executive Car of the Year’ Award
December 2, 2021 No Responses

Kia K5 Wins ‘Executive Car of the Year’ Award

Since its debut in Nigeria last year, the all-new Kia K5 premium sedan has received widespread plaudits for being the most luxurious and technologically advanced within the executive car segment in the country. Having been widely praised for delivering sport,....
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