Auto Report Archives — Page 5 of 32

August 7, 2022 No Responses

Hyundai To Raise Stake In Startup

Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a newspaper report has said. Hyundai Motor Group, which houses Hyundai Motor Co and Kia Corp,...

August 6, 2022 No Responses

Suzuki Motor: Demand Strong Despite Economic Concerns

Japan’s Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India amid growing concerns about a global economic downturn. The view from Masahiko Nagao, Suzuki’s senior managing executive...

August 4, 2022 No Responses

Ford Trucks To Unveil Zero Emissions Agenda At 2022 IAA

Ahead of the 2022 IAA Transportation, Ford Trucks, on Thursday rolled out its 2022 zero emission agenda. A statement explained that Ford Trucks, winner of the prestigious IToY Award in Hannover with its F-MAX in 2018, “returns to IAA ...

August 4, 2022 No Responses

Coscharis Secures N1.8b Contract To Supply 60 Ford Ranger

The Federal Executive Council on Wednesday approved N2.7 billion contracts for the purchase of operational vehicles and equipment to support security agencies to protect lives and property in the FCT. A statement issued on Wednesday by Chief Press Secret...

July 29, 2022 No Responses

Weststar, Stallion, Toyota, CFAO Back NAJA Training

Weststar Associates Limited, Stallion Motors, Toyota Nigeria Limited and CFAO Motors, have thrown their weight behind this year’s Nigeria Auto Journalists Association (NAJA) Training/Capacity Building Workshop to be held Friday, 29th July, 2022, at the Lagos...

July 29, 2022 No Responses

Hyundai, Kia Join Korean Research Group

Hyundai Motor and Kia have signed joint research agreements with six Korean research institutes and formed a consultative body to develop mobility solutions to explore the surface of the moon. The announcement follows Korea’s successful launch of...

July 20, 2022 No Responses

Hyundai IONIQ 6 Electrified Streamliner Debuts

Hyundai Motor Company launched the eagerly awaited IONIQ 6 Electrified Streamliner with a digital world premiere film. As the new model in the brand’s IONIQ all-electric lineup brand, the electrified streamliner’s array of advanced technologies...

July 14, 2022 No Responses

Hyundai Unveils First Electric Sedan

Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is betting will help it grab a more significant share of the electric vehicle (EV) market dominated by Tesla Inc. The Ioniq 6...

July 13, 2022 No Responses

Geely Unveils Electric Pickup

Geely Holding on Tuesday unveiled a new electric pickup truck, identified as RD6. According to Reuters, the Volvo owner also launched a new brand, RADAR, at an online event on Tuesday where it showcased its first pickup product, which it...

July 13, 2022 No Responses

Mercedes-Benz Starts Trial Over Diesel Tests

Mercedes-Benz went on trial on Tuesday in a class action-style lawsuit which alleges that the German carmaker knowingly manipulated diesel-emissions tests by installing defeat devices. Reuters report that Germany’s largest consumer protection group, the ...

July 12, 2022 No Responses

JLR Commences Deliveries Of New Range Rover

Jaguar Land Rover (JLR), on Monday, said it has commenced deliveries of the new Range Rover in India. The model comes with a line-up of six and eight-cylinder powertrains fortified with three-litre petrol and diesel engines, respectively. The model a...

July 11, 2022 No Responses

Volkswagen Invests $20b To Build EV Batteries

Volkswagen is to invest $20.38 billion to build electric vehicle (EV) batteries, creating 20,000 jobs and generating more than $20 billion in annual sales.Volkswagen broke the ground for its first cell factory in Salzgitter, Germany in the presence of German.....

July 9, 2022 No Responses

Rolls-Royce Motor Car Opens World-First Private Office In Dubai

By Moses Ebosele, ebosele@hotmil.com Rolls-Royce Motor Cars have unveiled its first Private Office outside the United Kingdom in Dubai, UAE. This outpost will be an extension of the marque’s world-renowned centre of luxury manufacturing excellenc...

July 9, 2022 No Responses

Hyundai N Sportscar To Mark Global Debut July 15

Hyundai N Sportscar is to make its global debut on July 15, on Hyundai’s annual N Day 2022. Already, the auto firm has shared the model’s image on social media channels in which it can be seen wrapped in cloth in...