Auto Archives — City Business News

May 11, 2023 No Responses

Toyota Appoints CFAO Motors Distributor In Nigeria

By Moses Ebosele, ebosele@hotmail.com Foremost distributor of mobility products and services in Nigeria, CFAO Motors has been appointed as an official distributor of Toyota vehicles in Nigeria. The appointment positions CFAO Motors as the second official distributor of Toyota vehicles in Nigeria and...

May 11, 2023 No Responses

Nigeria Approves New Auto Policy

The Federal Executive Council (FEC) has approved the new National Automotive Industry Development Plan (NAIDP) 2023. The memo for the plan was presented by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, during this Wednesday FEC meetin...

March 31, 2023 No Responses

Ashok Leyland, Stallion Motors Unveil Phoenix

Ashok Leyland, flagship of the Hinduja Group, along with Stallion Motors, its Exclusive Distributor in Nigeria for over a decade, launched the successful light commercial vehicle, Phoenix in Lagos, for Nigeria market.A statement explained that the exclusive na...

February 22, 2023 No Responses

Court Sets Aside Execution On Stallion

The Federal high court in Lagos has set aside a purported execution carried out by Guaranty Trust Bank (GTB)Plc against Stallion Nigeria Limited over alleged N13 billion judgement debt. Justice Ambrose Lewis Alagoa in a ruling deliv...

February 18, 2023 No Responses

Mikano Motors, Changan Auto Seal Partnership

As part of its ongoing expansion agenda, Mikano Motors has emerged sole representative of Changan Auto and distributor in Nigeria. City Business News reports that wth the addition of Changan (formerly distributed by another Nigerian dealer), Mikano Motor...

February 11, 2023 No Responses

Coscharis Photo News

February 11, 2023 No Responses

Photo News

February 11, 2023 No Responses

GAC, Toyota, Mikano, Mandilas, Stallion, Dangote Peugeot, Others Bag NAJA Awards

Winners have emerged in the 2022 Nigeria Auto Journalists Association (NAJA) Awards held on Thursday, February 9, 2023 at Oriental Hotels, Victoria Island, Lagos State. At the colourful ceremony attended by key stakeholders, GAC, Toyota, Mercedes B...

January 24, 2023 No Responses

Photo News

January 18, 2023 No Responses

Kia Carens Wins Indian Car Of The Year Award

The Kia Carens has been crowned as the Indian Car of the Year (ICOTY) 2023 and the Kia EV6 won the Green Car Award 2023 by ICOTY. A statement sent to City Business News explained that with this, Kia...

November 25, 2022 No Responses

Photo News

November 24, 2022 No Responses

FRSC To Sanction Fleet Operators Over Safety Standards’ Violation

The Federal Road Safety Corps (FRSC) has warned fleet operators against contravening road transport safety standard. The FRSC Acting Corps Marshal, Dauda Biu, who gave the warning at the opening of the 2022 Annual Safety Managers Retreat on Thursday...

November 21, 2022 No Responses

Coscharis Motors Woos Ford Customers With Black Friday Deals

Frontline Nigerian automobile dealership and sole authorized dealer of Ford vehicles in Nigeria, Coscharis Motors has launched a promo aimed at tickling her existing Ford customers and getting them excited this black Friday season. City Business News report...

October 27, 2022 No Responses

Hyundai breaks Ground On $5.5b EV, Battery Plant

Hyundai Motor Company broke ground on a $5.54 billion Electric Vehicle (EV) and battery plant in the United States. According to Reuters, the investment is the largest in the state’s history and the latest in a string of EV...