Ford Recalls 737,000 Vehicles

Ford Recalls 737,000 Vehicles

Ford Motor Co is recalling 737,000 vehicles in the United States over a part that could develop an oil leak and a software error that could hinder braking, it said on Friday.The automaker is recalling 345,451 of its 2020-2022 Ford...
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Toyota Rolls Out 884,528 Vehicles In February

Toyota Rolls Out 884,528 Vehicles In February

Parts supply disruptions continued to affect Japanese automakers’ global production for February, but the results released by Toyota showed a clear contrast.  Toyota said its group, including Daihatsu and Hino Motors, produced 884,528 vehicles globa...
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Hyundai, Saudi Aramco To Develop Eco-Friendly Vehicle Engine

Hyundai, Saudi Aramco To Develop Eco-Friendly Vehicle Engine

Hyundai Motor Group disclosed on Wednesday it will collaborate with Saudi Aramco and a Saudi Arabian university to jointly develop an environment-friendly fuel and engine for vehicles.  Hyundai, Aramco, and King Abdullah University of Science an...
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CIG Motors, Polaris Bank Seal Auto Finance Partnership  

CIG Motors, Polaris Bank Seal Auto Finance Partnership  

By Moses Ebosele, ebosele@hotmail.com     Representative of GAC brand in Nigeria, CIG Motors has sealed partnership with Polaris Bank as part of measures to make vehicle acquisition and ownership affordable to Nigerians.   Sp...
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Hyundai Nigeria Unveils New Elantra, Santa Fe

Hyundai Nigeria Unveils New Elantra, Santa Fe

Hyundai Nigeria Limited on Friday launched new Santa Fe Sports Utility Vehicle (SUV) and Elantra saloon into the nation’s market.    The improved Santa Fe is available in 3.5lit (8 speed) and 2.5lit (6 speed) variants while the 7th generation ...
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Stallion Rolls Out 100,000th Bajaj Keke In Nigeria

Stallion Rolls Out 100,000th Bajaj Keke In Nigeria

In less than two years, Stallion Auto Keke Limited (SAKL), a member of Stallion Group and Nigeria’s sole distributor of Bajaj 3-wheelers & 4-wheelers, has rolled out 100,000 Bajaj Keke into the nation’s tricycle market.      &n...
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Osinbajo Inaugurates Toyota Service Centre In Lagos 

Osinbajo Inaugurates Toyota Service Centre In Lagos 

The Vice President, Yemi Osinbajo, on Monday inaugurated the state-of-the-art Toyota Service and Research Facility in Lagos State.   Osinbajo also applauded the Managing Director, Toyota Nigeria Limited, Mr Kunle Ade-Ojo, as well as its board an...
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Toyota Suspends 18 Assembly Lines

Toyota Suspends 18 Assembly Lines

Japanese manufacturers began restarting production at plants in the country’s quake-hit northeast, but Toyota Motor Corporation said it plans to idle 18 assembly lines for a few days this week due to a shortage of parts from suppliers.On one ha...
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VW Recalls 246,000 SUVs

VW Recalls 246,000 SUVs

 Volkswagen is recalling more than 246,000 SUVs in the U.S. and Canada because faulty wiring harnesses can make them brake unexpectedly, sometimes while in traffic.The recall comes three days after The Associated Press reported that 47 people had com...
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Tata Motors To Take Over Ford’s Indian Plant

Tata Motors To Take Over Ford’s Indian Plant

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Nissan India Appoints Torres As President

Nissan India Appoints Torres As President

Japanese automaker, Nissan has appointed senior executive Frank Torres as the new President of the India operations, effective from April 1, 2022. He will be responsible for leading the brand across its operations in the country.Torres replaces Sinan...
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BMW Cuts 2022 Profit Forecast For Car Segment

BMW Cuts 2022 Profit Forecast For Car Segment

BMW lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, the German carmaker said on Wednesday.BMW Group now predicts growth of earnings before interest and taxation (EBIT) in its car segment in a...
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Auto Finance: Nigerian Startup Firm Secures $105m For Expansion 

Auto Finance: Nigerian Startup Firm Secures $105m For Expansion 

A Nigerian startup, Moove Africa BV, that provides vehicle financing to Uber Technologies drivers among others, has raised $105 million to expand operations in new markets including in Asia and the Middle East.  The company in a statement issued on...
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VW, Ford Deepen Electric Vehicle Cooperation

VW, Ford Deepen Electric Vehicle Cooperation

Volkswagen Monday said it has deepened its e-mobility partnership with Ford under which the U.S. carmaker will produce a second electric vehicle for the European market based on its German rival’s platform.As part of th...
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