Auto Report Archives — Page 3 of 32

February 27, 2023 No Responses

Geely Launches New Premium Product Series

Geely Auto Group has launched a new high-end electrified product series, Geely Yinhe at a flagship event in Hangzhou. Information obtained by City Business News explained that the first car from the Geely Yinhe range, the Yinhe L7 long-range PHEV...

January 26, 2023 No Responses

Hyundai Reveals All-New KONA SUV

Hyundai Motor Company has revealed details of its new generation KONA subcompact Sports Utility Vehicle (SUV) for Korea, with information about the global model coming in March, 2023. According to information obtained by City Business News, the ups...

January 19, 2023 No Responses

FEC Approves N1.4b For 26 Toyota Hilux, Hiace, Others

The Federal Executive Council (FEC) has approved the sum of N1.4 billion for the procurement of vehicles for the hydro-carbon pollution remediation project in Ogoniland, Rivers State. Minister of Environment, Mohammed Abdullahi, disclosed this while brie...

January 13, 2023 No Responses

Kia Wins Good Design Awards

Kia Corporation has received four prestigious accolades in the 2022 GOOD DESIGN Awards transportation category for its 2023 Niro, Concept EV9, EV Infotainment System, and Magenta Design Infotainment System. The all-new Kia Niro...

January 12, 2023 No Responses

GS4, Geely Coolray, Suzuki S-Presso, Jostle For Car-Of-The-Year Award

The Nigeria Auto Journalists Association (NAJA) has announced finalists for its 2022 Nigeria Auto Industry Awards scheduled for January 25, 2023 at Oriental Hotel, Victoria Island, Lagos. NAJA Auto Awards is an annual event that celebrates auto brands ac...

December 4, 2022 No Responses

Hyundai Records 351,179 Sales In November

Hyundai Motor Company has announced its November 2022 global sales of 351,179 units, a 10.7 percent increase year-over-year. City Business News reports that despite the continued uncertainties in the business environment, Hyundai’s global sales h...

December 3, 2022 No Responses

All-New Mercedes-Benz C-Class Debuts In Nigeria

The all-new Mercedes-Benz C-Class is now available in Nigeria courtesy Weststar Associates Limited, the Authorized General Distributor of Mercedes-Benz in Nigeria. A statement sent to City Business News on Friday explained that the all-new C-Class comes ...

December 3, 2022 No Responses

NAJA Awards Hold January 25

The Nigeria Auto Journalists Association (NAJA) has announced plans to hold the 2022 edition of the Nigeria Auto Journalists Awards on Wednesday January 25, 2023 at Eko Hotels and Towers, Victoria Island, Lgos State Chairman of the Planning Committee, Mr...

November 28, 2022 No Responses

Maxus Autos Debuts At Mikano Motors, Displays Strength

Maxus Autos has arrived in Nigeria courtesy one of Nigeria’s fastest growing automotive companies, Mikano International’s Motors division. Under the arrangement, Maxus Auto joins the ZNA (Rich6) and Geely brands, in an exclusive partnership...

November 27, 2022 No Responses

Jaguar Land Rover Cuts Output

Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood, United Kingdom until the spring, due to ongoing problems obtaining enough computer chips for new vehicles. The action is expected to affect the output of...

November 4, 2022 No Responses

Pirelli Ups 2022 Sales View As Pricing, Product Mix Give Boost

Italian tyremaker, Pirelli on Thursday lifted its 2022 sales forecast after third-quarter figures came in above expectations, citing the resilience of its business model and measures put in place against market volatility. The manufacturer...

November 3, 2022 No Responses

Geely’s Zeekr Plans Electric Vehicle Sales In Europe

Zhejiang Geely Holding Group’s premium electric car business plans to sell the first electric vehicle produced under the Zeekr brand in Europe next year, Zeekr’s CEO said. Zeekr joins a growing list of Chinese automakers looking to launch or expand...

November 3, 2022 No Responses

Toyota Seeks Govt Support, Tax Break

Toyota Motor Corporation president, Akio Toyoda on Wednesday raised the issue of tax breaks in a meeting with Japanese Prime Minister, Fumio Kishida. The pair’s meeting came after Kishida said he wanted to exchange views with auto industry leaders ...

October 20, 2022 No Responses

Geely Acquires 7.60 Per Cent Stake In Aston Martin Lagonda

Zhejiang Geely Holding Group (Geely Holding), China’s largest privately-owned automotive technology group, has acquired a shareholding in Aston Martin Lagonda Global Holdings plc, representing 7.60% of the ordinary share capital of the ultra-luxury British p...