Auto Report Archives — Page 15 of 32

August 2, 2021 No Responses

With $40k Price Tag,1st All-Electric Kia Sedan Debuts

Kia, South Korea’s auto firm on Monday launched an all-electric EV6 sedan in the domestic market ahead of its overseas launches later this year.The EV6 is Kia’s first model embedded with Hyundai Motor Group’s own EV-only electric-global modular platform (E-GMP).Kia has received over 30,000...

August 2, 2021 No Responses

Volkswagen Records $13.5 b Profit In Half-Year Performance

Volkswagen has raised its profit margin target for the second time in less than three months, pointing to record earnings in the first six months of 2021 that came in above pre-pandemic levels.The company said it now expected an operating return on...

July 30, 2021 No Responses

Nigeria Incorporates Electric Vehicles In Revised Auto Plan

By Moses Ebosele, ebosele@hotmail.com – The Nigerian Government is incorporating Electric Vehicles (EVs) into its National Automotive Industry Development Plan (NAIDP). Addressing participants on Thursday at forum put together by the Nigeria Autom...

July 28, 2021 No Responses

Hyundai Opens New Corporate HQ

Hyundai Motor India (HMI), which is celebrating its silver jubilee in India on Tuesday, July 27, 2021, inaugurated its new corporate headquarters in Gurgaon.The new 10-storied headquarter in Gurgaon, which is Delhi-NCR’s IT belt, is a greenfield pro...

July 27, 2021 No Responses

NADDC, FRSC, Coscharis, Weststar, TNL, Others Back 2021 NAJA Workshop

All is now set for this year’s edition of the Nigeria Auto Journalists Association (NAJA) Training/Capacity Building programme scheduled for Thursday, July 29, 2021 inside the training hall of Golden Tulip Hotel, along the Murtala Muhammed International Airp...

July 26, 2021 No Responses

Ford Escape Explains Special Discounts, Renews Commitment In Nigeria

One of the exciting take homes from the recently held Lagos Motor Fair was the announcement by Coscharis Motors Plc, Ford brand’s sole authorised dealer in Nigeria, of the nearly Two Million Naira discount on one of Ford’s vehicle name...

July 24, 2021 No Responses

Toyota Unveils New Aqua Electric Car

Toyota Motor Corporation has launched its new Aqua hybrid electric compact car redesigned to realize its mission to ‘introduce sustainable vehicles practically’ and to contribute to carbon neutrality, the company said in a release.The n...

July 23, 2021 No Responses

Toyota, Suzuki, Daihatsu Explore Electric Vehicle Venture

Suzuki Motor Corporation and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corporation, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars.The two automakers ...

July 23, 2021 No Responses

Daimler Reports $4.3b Quarterly Profit

Germany – German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to electric vehicles....

July 22, 2021 No Responses

Kia, Hyundai To Develop Alkaline Water Electrolysis System

Kia Corporation and Hyundai Motor Company have signed a memorandum of understanding with Next Hydrogen Corporation, a Canadian company specialising in water electrolysis technology to bolster their efforts to usher in a global hydrogen...

July 21, 2021 No Responses

Volkswagen Introduces New Brand Design, Logo

German carmaker, Volkswagen Passenger Cars India on Tuesday said it is implementing a new brand design and logo across all its 150 dealerships in the country.Volkswagen is following a phase-wise approach, and it has implemented 30 touchpoi...

July 20, 2021 No Responses

VW To End Production, Sales Of Passat

The management of Volkswagen AG on Monday said it will end U.S. sales and production of the Passat sedan next year, the latest shift by automakers away from cars and toward larger sport utility vehicles.Volkswagen said it will end U.S. asse...

July 20, 2021 No Responses

Suzuki Stakes $13b On Electric Vehicles

Suzuki Motor Corp will enter the electric vehicle (EV) market by 2025 starting in its stronghold market India, Nikkei reported on Monday.The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after governm...

July 19, 2021 No Responses

Paris Auto Show, Equip Auto Unveil 2022 Agenda

The PARIS MOTOR SHOW (MONDIAL DE L’AUTO), and the EQUIP AUTO trade show at the weekend announced the launching of the Paris Automotive Week scheduled for 2022. A statement explained that the two flagship events in the automotive industry will come.....