Auto Sales Archives — Page 4 of 6

November 4, 2021 No Responses

Coscharis Motors Partners Sterling Bank On e-Commerce, Vehicle Finance

By Moses Ebosele, ebosele@hotmail.com — Foremost Nigerian automobile firm, Coscharis Motors has keyed into Sterling Bank’s Non-Interest Banking Division platform- AltDrive. In a statement sent to City Business News on Thursday, Coscharis Motors explained that the objective is to ease the...

October 17, 2021 No Responses

Hyundai CRETA Displays Style, Performance

All-New Hyundai CRETA Sports Utility Vehicle (SUV) has successfully settled in the Nigerian market. Fortified with more strength, award-winning CRETA was recently honoured with the global CarandBike 2021 Award as the Compact SUV of the year. C...

October 3, 2021 No Responses

BMW Lifts 2021 Annual Profit Forecast To 9.5%-10.5%

The management of BMW AG has lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%. The company in a statement also boosted its forecast for return on equity in its financial services segment to 20%-23% fr...

October 3, 2021 No Responses

Bajaj Auto Records 402,021 Sales In September

Bajaj Auto’s total vehicle sales (domestic + exports) stood at 402,021 units in September 2021, marking a decline of 9% compared to 441,306 units recorded in the same month last year. The management of Bajaj Auto has also explained 16%...

October 3, 2021 No Responses

Toyota Outsells GM In Nine Months

Japanese automaker, Toyota Motor Corporation outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage.Toyota du...

October 2, 2021 No Responses

Hyundai Records 45,791 Sales In September

Hyundai Motors on Friday reported 34.2% decline in domestic sales in India to 33,087 units as against 50,313 units in September 2020.Total sales for the company stood at 45,791 units, down 23.6% in September. The company had sold 59,913 units in...

August 4, 2021 No Responses

BMW Declares $5.7b Profit In Q2

BMW on Tuesday disclosed that it attained $5.7billion net profit in the second quarter. The company explained that it benefited from strong pricing during the quarter and a predominance of more-profitable vehicles in its sales mix. It reaped ...

August 2, 2021 No Responses

Hyundai Records 60,249 Sales In July

For the month of July, 2021, South Korea Auto firm, Hyundai reported a 46 percent increase in total sales at 60,249 units. According to Hyundai Motor India Ltd (HMIL), domestic sales were up 26 percent to 48,042 units as against...

July 17, 2021 No Responses

Renault Declares 1,422,600 Vehicle Sales In Six Months

The management of Renault on Friday reported 18.7% increase in worldwide vehicle sales in the first half of the year, rebounding from a 21.3% drop in 2020 due to the impact of the COVID-19 pandemic on the global economy.“In an...

July 12, 2021 No Responses

Coscharis Motors Welcomes All-New Land Rover Discovery Sport To Nigeria

The latest addition to the Discovery family has arrived in Nigeria, courtesy Coscharis Motors. Scheduled for formal launch this quarter, the Land Rover’s ‘go anywhere’ premium compact Sports Utility Vehicle (SUV), the Discovery Sport, has bee...

June 30, 2021 No Responses

Electric Car Sales Surge As Climate Targets Bite

One in every nine new cars sold in Europe last year was an electric or plug-in hybrid vehicle, with low-emission car sales surging even as the COVID-19 pandemic knocked overall vehicle sales, the European Environment Agency said on Tuesday.The uptick in e...