Auto Report – Page 17 – City Business News

July 1, 2021 No Responses

Toyota Unveils Ghana’s Second Auto Assembly Plant

The launch of a Toyota assembly plant in Ghana, the second auto assembly plant in the country in less than a year, will help reduce imports of secondhand vehicles and boost export earnings, President Nana Akuffo-Addo has said. The assembly unit, a $7 million investment with...

July 1, 2021 No Responses

Hyundai Rolls Out 10-millionth Car From Tamil Nadu Facility

South Korean automaker Hyundai Motor India Ltd (HMIL) said on Wednesday that its 10 millionth car, a 7-seater Alcazar SUV, rolled out from its manufacturing facility in Sriperumbudur near Chennai, Tamil Nadu, marking its 25 years of service in&n...

June 29, 2021 No Responses

Volkswagen Targets Majority Stake In Europcar

German carmaker Volkswagen has confirmed that it is considering acquiring a majority stake in car rental company Europcar, along with investors Attestor and Pon Holdings.It said in a statement that considerations are at a very early stage and no...

June 28, 2021 No Responses

UNILAG Test-Runs Zero Emission Vehicle

The University of Lagos is test-running its Zero Emission Vehicle (ZEV) it initiated in 2018. The institution’s Deputy Vice-Chancellor, (Academics and Research), Prof. Oluwole Familoni, disclosed this in an interview with the News Agency of Nigeria (NA...

June 27, 2021 No Responses

Hyundai Rolls Out ALCAZAR Seven-Seater

Hyundai Motor has opened bookings for its upcoming 6 and 7- seater premium SUV – Hyundai ALCAZAR. The company is accepting bookings at Hyundai dealerships and on its online car-buying platform.“We are pleased to open...

June 26, 2021 No Responses

CEAT Unveils SecuraDrive Tyres For SUVs

CEAT Tyres Ltd has launched a new premium tyre range called ‘SecuraDrive SUV’ for the compact SUV segment. The new tyre borrows its name from the SecuraDrive platform for premium hatchbacks and sedans, the company said in statement.With its focus on of...

June 24, 2021 No Responses

Hyundai Motorsport Debuts In Africa

Hyundai Motorsport embarks on an exciting adventure this week as the FIA World Rally Championship returns to Africa for the first time since 2002, and a unique challenge because none of Hyundai’s three crews is familiar with the rough gravel...

June 22, 2021 No Responses

Nissan Begins Exports Of Magnite SUV To South Africa, Indonesia, Nepal

Nissan has announced the exports of the Magnite Sports Utility Vehicle (SUV) to Indonesia, South Africa and Nepal from India.Since its launch in December 2020, the company has produced 15,010 sub-compact SUVs including 13,790 for...

June 15, 2021 No Responses

Hyundai Accelerates ‘Flying Car’ Efforts

Hyundai Motor Co has accelerated efforts around developing “flying cars” and will offer services around those vehicles rather than just selling them, the South Korean automaker’s chief operating officer told Reuters.Hyundai is ahead of t...

June 13, 2021 No Responses

Hyundai Creta Emerges Top Seller In May, Overtakes Suzuki Swift

Hyundai Creta Sports Utility Vehicle (SUV) has emerged as the top seller in May, 2021, in India with 7,527 units, ahead of Suzuki Swift which reported 7,005 units.Swift has been in the top 10 best-seller list since 2008. “Maruti Suzuki do...

June 9, 2021 No Responses

Michelin Announces Price Hike In Africa, India, Middle East

By citybusinessnews@yahoo.com — French tyre maker, Michelin on Tuesday announced that it will increase prices by up to 6 and 8 percent in Africa, India and Middle East region with effect from June 18, 2021. Under the arrangem...

June 9, 2021 No Responses

Kia Reveals New Sportage SUV

Kia Corporation revealed on Tuesday the official images of its new Sportage Sports Utility Vehicle (SUV), crafted to inspire customers with its interior and exterior design.The result of collaborative efforts among Kia’s main global design ne...

June 8, 2021 No Responses

Nigeria To Partner Iran On Auto Assembling, Importation Of Tractors

Nigeria on Monday expressed willingness to partner with the Islamic Republic of Iran in areas of assembling of automobiles, importation of tractors and agricultural equipment to ease farming. The Minister of Special Duties and Intergovernmental Affa...

June 7, 2021 No Responses

Auto Dealers Face Fresh Scrutiny Over Smuggling, Underpayments

By citybusinessnews@yahoo.com — Car smugglers and marketers of smuggled vehicles should prepare for tougher times, the Nigeria Customs Service (NCS) warned on Monday, June 7, 2021. Senior personnel of NCS in a chat with City BusinessN...