Auto Archives — Page 20 of 54 — City Business News

September 24, 2019 No Responses

Controversy Trails GM CEO’s $22m Salary

Controversy trailing the salary of top executives of General Motors (GM) continued on Monday. A West Virginia Democrat Richard Ojeda, who is considering a presidential run in 2020, tweeted about General Motors CEO Mary Barra on collecting $22 million salary.“At...

September 21, 2019 No Responses

Tata Motors Targets More Manufacturing Units In Africa

The head of commercial vehicles, Tata Motors International Business, Rudrarup Maitra has described South Africa as “strategically extremely important” to grow Tata’s footprint in the African continent. Speaking during the unveil...

September 19, 2019 No Responses

Innoson Joins Competition In Pick Up Segment

Innoson has joined ongoing competition in the Pick-Up segment in the Nigerian market.The company recently supplied 100 units to the Enugu state government Conducting Journalists round the vehicles in Enugu, the state Governor, Ifeanyi Ugwuanyi, explained tha...

September 12, 2019 No Responses

New Land Rover Defender Debuts

Sports Utility Vehicle (SUV) manufacturer, Land Rover has unveiled the new-generation Defender that comes with a completely redesigned appearance. Based on the D7x architecture, the SUV is claimed to be capable of to withstand extreme road and weather co...

September 7, 2019 No Responses

Peugeot Restructures Joint Venture

Peugeot automaker, PSA Group and its Chinese partner Dongfeng Group have concluded a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boost annual sales to 400,000 vehicles by 2025. Dongfeng Peugeot...

September 6, 2019 No Responses

New Mercedes-Benz CLA Debuts In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Weststar Associates Limited, authorized General Distributor of Mercedes-Benz in Nigeria has announced the arrival of the all-new CLA. Building on the success of the first generation CLA, which sold o...

September 4, 2019 No Responses

AU Condemns South Africa Violence

A senior official of the African Union (AU) has condemned the xenophobic violence in South Africa’s commercial capital, Johannesburg, saying the businessmen who suffered economic losses should get “justice”. Dozens of people were arrested on ...

August 30, 2019 No Responses

Renault, Nissan Seal Traffic Data Collection Alliance

Renault NissanTechnology and Business Centre India (RNTBCI) has joined hands with International Centre for Automotive Technology of India (ICAT) for collecting in-depth data of road accidents. The project will facilitate scientific data-driven approach towards...

August 17, 2019 No Responses

BMW To Staff: Narrow Sales Gap With Mercedes

BMW’s new chief executive, Oliver Zipse urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time when demand for luxury carsis waning. According to Reuters, Oliver Zipse addressed staff...

August 16, 2019 No Responses

JK Tyre Seeks More Export

JK Tyre is ramping up exports as demand has dried up in the Indian domestic market due to a slowdown in auto sales, which have been on decline in the last nine months. Already, the company has spotted an opportunity...

August 9, 2019 No Responses

Michelin Hike Tyre Prices

By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region. The announcement will affect tyre prices across the commercial l...

August 8, 2019 No Responses

Kia Motors Targets Africa, Others With New Seltos SUV

South Korean auto major, Kia Motors is looking to export its made-in-India mid-sized SUV Seltos to various global markets like Africa and South America. The company, which has set up its manufacturing base in Andhra Pradesh with an installed production.....

August 6, 2019 No Responses

Suzuki Declares 46% Drop In Profit

Suzuki Motor Corporation on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market.Japan’s fourth-largest automaker posted an ope...

August 6, 2019 No Responses

Kia Delivers 225,902 Units In July

For the month of July, 2019, Kia Motors Corporation’s global sales stood at 225,902 units, a decline of 2.7% when compared to the same month last year. Sales in Kia’s home market, South Korea increased slightly to 47,080 units, reports the...