Auto Archives — Page 17 of 53 — City Business News

November 19, 2019 No Responses

Pirelli Develops Tyre With 5G Network

Pirelli has developed a new smart tyre called Cyber Tyre, which communicates with 5G network and transmit data regarding the road surface. The company explained on Monday that the Cyber Tyre detects and transmits real-time information related to less than...

November 17, 2019 No Responses

Ashok Leyland Unveils New Truck

Commercial vehicle major, Ashok Leyland has showcased its wide range of Bharat Stage (BS) VI trucks and buses. After receiving the certificates, confirming compliance to BS-VI emission standard, from Automotive Research Association of lndia (ARAI), Ashok Leyla...

November 14, 2019 No Responses

Yamaha Recalls 13,348 Motorcycles

Japanese two-wheeler manufacturer, Yamaha on Wednesday declared increase of 0.5 per cent in its consolidated net sales, amounting to 1.2billion Yen. Yamaha is also recalling 13,348 units of FZ 25 and Fazer 25 in order to fix a faulty...

November 12, 2019 No Responses

Sales Of All-New Kia K5 Fastback Begins Next Month

Kia Motors on Tuesday published exterior images of the all-new Kia K5 sedan.According to Kia Motors, the new-generation K5 will go on-sale in the brand’s domestic Korean market in December.Released in Korean market’s specification, the latest model off...

November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...

November 7, 2019 No Responses

Renewed Interest In BMW Lifts Q3 Profit By 33 Per Cent

BMW’s new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings.Oliver Zipse, who became CEO in Augu...

November 5, 2019 No Responses

Kia Reveals New Futuron Concept

Kia Motors has revealed its new Futuron Concept, an illuminating all-wheel drive SUV coupe which proposes new designs for future electric vehicles.The Futuron Concept represents the modern and confident image of a progressive electric SUV coupe envisioned by K...

November 4, 2019 No Responses

Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of December. The two automakers explained last week that they planned to join forces in a 50-50 share merger to create the...

November 3, 2019 No Responses

New Fiat Pick Up Debuts At Lagos Trade Fair

Fortified with 2.4lit engine and available in single and double engine, a new Fiat Pick Up has joined ongoing competition in the Nigerian market. A reporter from City BusinessNews (www.citybusinessnews.com) who was at the ongoing lagos Internation Trade ...

October 26, 2019 No Responses

Kia Celebrates Cerato In Nigeria, Dominates Dhanteras Sales

The 2019/2020 Kia Cerato has been described as a reliable innovation with improved performance and technology.In an email message at the weekend, Kia Motors Nigeria described the new Cerato as “packs in everything you want from a sport compact sedan:.....

October 26, 2019 No Responses

Coscharis Motors To Unveil New Ford Edge October 30

Sole representative of Ford Motor Company in Nigeria, Coscharis Motors has concluded plans to unveil new Ford Edge on October 30, 2019 at the International Conference Centre Annex, Abuja, venue of the 20th Abuja International Motor Fair.According to Abiona Bab...

October 23, 2019 No Responses

Ceat Declares Improved Gross Earnings

For the second quarter ended September 30,2019, Tyre Firm, Ceat Limited Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) and gross margins witnessed growth in comparison to the previous quarter.Managing Director of the company, Anant Goenk...

October 22, 2019 No Responses

Total Nigeria, CFAO Seal After-Sales Partnership

Total Nigeria Plc in partnership with CFAO Nigeria Plc has inaugurated after-sales outlets identified as AutoFast across the country.The Managing Director/Country Delegate, CFAO Nigeria Plc, Mr Thomas Pelletier explained on Monday that the partnership is desig...

October 19, 2019 No Responses

Tata Rules Out Sale Of Jaguar Land Rover

Tata Motors, which owns Jaguar Land Rover (JLR), said it is open to finding partners for the automaker but isn’t planning on selling the embattled unit. “We’re not going to sell,” said N Chandrasekaran, chairman of Tata Sons, the holdin...