Auto Report – Page 8 – City Business News

May 9, 2022 No Responses

Nigeria Implores Toyota, Nissan, VW, Others On Assembly Plant

By citybusinessnews@yahoo.com — The National Automotive Design And Development Council (NADDC) has implored multinational firms such as Toyota Motor Corporation, Volkswagen and Nissan to establish production plants in Nigeria. Speaking during an interactive session with Journalists in Sokoto on Sunday, the Director Ge...

May 5, 2022 No Responses

Nissan To Invest $700m In Mexico

The Japanese automaker, Nissan Motors said on Wednesday it would invest more than $700 million in Mexico during the next three years to boost its operations in the country. The investment is set to improve the facilities, equipment and automation procedures.....

May 5, 2022 No Responses

Porsche AG Acquires Stake In Group14 Technologies

German automotive manufacturer, Porsche on Wednesday announced its stake acquisition in the US company Group14 Technologies, a producer of advanced silicon-carbon technology for lithium-ion batteries. As the lead investor, Porsche is raising ...

May 4, 2022 No Responses

Hyundai Rolls Out Creta Knight Edition

Hyundai Motor India on Tuesday unveiled Creta Sports Utility Vehicle (SUV) ‘Knight Edition’. According to Hyundai, the new edition the new edition will be offered on a S+ trim (MT only) and the SX (O) trim (IVT/AT only) availab...

May 2, 2022 No Responses

Hyundai To Unveil IONIQ 5

Korean automaker Hyundai has confirmed that the brand will be introducing the Ioniq 5 electric vehicle in India in the second half of 2022. The car will be a part of Hyundai’s Beyond Mobility strategy, which will also bring other...

April 26, 2022 No Responses

Nissan Ends Production Of Datsun Cars

Nissan is to stop producing vehicles under the Datsun name, which has a more than century-long history. BBC report that it was one of the brands that helped Japanese car makers become established globally after the Second World War. Despite...

April 15, 2022 No Responses

Nissan Plans ‘Game Changing’ Electric Car Batteries

Nissan is working with the National Aeronautics and Space Administration (NASA) on a new type of battery for electric vehicles that promises to charge quicker and be lighter yet safe, the Japanese automaker said Friday. The all-solid-state battery will replace...

April 15, 2022 No Responses

Hyundai Budgets $300m For Eco-Friendly Plant

Hyudai Motor has concluded plans to invest $300million in its US plant to begin the production of environment-friendly vehicles later this year.Hyundai Motor will upgrade the existing assembly lines of its Alabama plant for the production of the Sant...

April 15, 2022 No Responses

Kia Unveils Miss Nigeria As Brand Ambassador

Kia Nigeria has unveils Shatu Garko, Miss Nigeria Queen as their brand ambassador. The unveiling and handover ceremony was held at the Kia Showroom, Adeola Odeku, Lagos, and marks the beginning of Shatu’s brand ambassadorship with Kia Nigeria. The bran...

April 14, 2022 No Responses

Hyundai Boss Bags ‘Visionary Of The Year’ Award

Hyundai Motor Group’s Executive Chair, Euisun Chung, has won the ‘Visionary of the Year’ award at the inaugural Newsweek World’s Greatest Auto Disrupters event. A statement explained that the World’s Greatest Auto Disruptors 2022 programm...

April 14, 2022 No Responses

Nissan Unveils Navara Assembly Plant In Ghana

Ghanaian President Nana Addo Danquah Akufo-Addo has commissioned Nissan’s new Navara semi-knockdown assembly plant in Tema, outside Accra. The $9-million facility is the culmination of a process that began in 2018 when Nissan signed a memoran...

April 11, 2022 No Responses

VW Rejects Shareholder Push For Climate Lobbying Disclosures

Volkswagen has rejected a shareholder proposal for it to explain how its lobbying activities align with its climate goals – something two of the carmaker’s leading competitors have already promised to do, one of the investors said.A filing by ...

April 6, 2022 No Responses

Q1: Toyota Outsells GM In the US

United States automakers reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold ...

April 5, 2022 No Responses

All-Electric Rolls-Royce Spectre Concludes Winter Testing

All-electric Rolls-Royce concludes winter testing 55km from Arctic Circle According to Rolls-Royce, Spectre endures -40˚C temperatures at specialist facility in Arjeplog, Sweden 25% of 2.5 million km testing programme, simulating 400 years of use,...