Auto Report Archives — Page 22 of 32

February 9, 2021 No Responses

Report: Toyota Won More Patents In 2020 Than Any Other Automaker

For the year 2020, the United States Patent and Trademark Office awarded slightly fewer patents than in 2019,according to the Intellectual Property Owners Association. But, one thing remained the same: Toyota was granted more patents than any other automaker by a fairly...

February 7, 2021 No Responses

Hyundai Reiterates Commitment To Protect Jobs

The management of Hyundai Motor will reshore some of its manufacturing operations in the United States to help maintain work for its employees at home, its union said on Saturday.Under an agreement reached between the company and the union, production...

February 6, 2021 No Responses

Nigeria Pledges Support For Hyundai Kona,Begins Construction Of Solar Power Charging Stations

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Minister of Industry, Trade and Investment, Otunba Niyi Adebayo has congratulated Stallion Group and its subsidiary, Hyaundai Nigeria for introducing the first Electric Vehicle&nbs...

February 5, 2021 No Responses

Electric Vehicle Sales Surge In EU

Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented hit from the Covid-19 pandemic, the European Automobile Manufac...

February 4, 2021 No Responses

Toyota Targets 9.2m Vehicles In 2021

Japan’s Toyota Motor Corporation plans record high global production of 9.2 million vehicles this year, up about 2% from 2019’s pre-coronavirus output. According to Nikkei newspaper, the automaker has informed ...

February 1, 2021 No Responses

BMW To Unveil 25 Electric Products In 2021

Foremost German luxury automotive group, BMW is to has unveil25 electric products in India before the end of 2021. “As far as our business is concerned, the worst of coronavirus is behind us. In 2020 we saw business shut…This year...

January 31, 2021 No Responses

Renault Unveils Kiger SUV

January 30, 2021 No Responses

Daimler Beats Forecasts In Preliminary 2020 Results

Mercedes-Benz parent company Daimler on Thursday released preliminary earnings data for 2020 showing higher-than-expected operating profit in a year battered by the coronavirus pandemic.At 6.6 billion euros ($8.0 billion), profit before interest...

January 29, 2021 No Responses

Toyota Beats Volkswagen To Become World’s No.1 Car Seller In 2020

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder...

January 24, 2021 No Responses

VW Operating Profit Drops By Half In 2020

For the year 2020, Volkswagen adjusted operating profit nearly halved but car deliveries, according to the company had recovered strongly in the fourth quarter.The world’s largest carmaker said full-year operating profit adjusted for ...

January 22, 2021 No Responses

Hero MotoCorp Crosses 100m Production Mark

By Moses Ebosele, ebosele@hotmail.com — Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, on Thursday surpassed the significant milestone of 100 Million (10 Crores) units in cumulative production. &nbsp...

January 20, 2021 No Responses

Ford To Recall Three Million Vehicles

US regulators on Tuesday ordered Ford to recall three million vehicles containing Takata airbags that show signs of “potential future rupture risk.”The National Highway Traffic Safety Administration (NHTSA) rejected an appeal fr...

January 20, 2021 No Responses

Kia Nigeria Reviews 2020, Unveils Agenda For 2021

By Olawale Jimoh, Marketing Manager — In the past year, face-to-face business models are radically changing into a digital space wherein services are offered in real-time across the digital platforms at the comfort of the customers’ homes, t...

January 15, 2021 No Responses

Volkswagen Delivers 9.3m Cars In 2020

German automaker Volkswagen said its global sales fell 15.2 percent during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles.Global sales for all...