Auto Archives — Page 25 of 53 — City Business News

November 7, 2018 No Responses

Toyota Declares $5.09b Profit, 2.68m Sales In Second Quarter

Toyota Motor Corporation’s operating profit increased by 11 percent in the latest quarter as the automaker tapped growing demand for light trucks. Operating profit rose to 579.1 billion yen ($5.09 billion) in the automaker’s fiscal second quarter ended September 30,...

November 1, 2018 No Responses

GM Reports $2.5B Profit In Q3

Stronger-than-expected results in China and North America propelled General Motors to a 25 percent increase in pretax profit in the third quarter and net income of $2.5 billion. Meanwhile, Revenue increased 6.4 percent to $35.8 billion during the period. The...

October 25, 2018 No Responses

Nigerian Auto Journalists Award holds December 13

The Nigerian Auto Journalists Association (NAJA), a body of all Journalists reporting the Nigerian auto industry has fixed December 13, 2018 for its annual Awards. The annual event is designed to honour corporate organizations and individuals that have mad...

October 24, 2018 No Responses

Nigerians Spend $8B Annually On Importation Of Vehicles

Nigerians spent about 8 billion dollars annually on importation of vehicles, Vice President Yemi Osinbajo has said Osinbajo, who was represented by the Director-General, National Automotive Design and Development Council, Jelani Aliyu, disclosed this at th...

October 20, 2018 No Responses

Peugeot Confirms Agenda For Electrified Performance Cars

French automaker, Peugeot on Friday announced plans to launch a new range of high-performance plug-in hybrid vehicles starting from 2020. The cars form a key part of Peugeot’s overall strategy to transition to an electrified lineup, and will be develop...

October 20, 2018 No Responses

Rolls-Royce Appoints Johann Wolf As Director Of Manufacturing

Rolls-Royce Motor Cars has announced that Johann Wolf has been appointed as Director of Manufacturing, effective from 1 November 2018. According to Rolls-Royce, Wolf is an exceptionally experienced production expert, having spent over 40 years with the BMW Gr...

October 17, 2018 No Responses

All-New Mercedes Benz Actros, Arocs Explore New Dimension, Debuts In Nigeria

By citybusinessnews@yahoo.com – The All-New Mercedes-Benz Actros and Arocs was on Tuesday unveiled in Lagos, Nigeria at a colorful ceremony. The ceremony, put together by Weststar Associates, representative of Mercedes-Benz family in Nigeria had...

October 13, 2018 No Responses

Ford Proposes Future Without Traffic Lights

Communications technology identified as V2X is poised to change the way cars operate in the very near future. Numerous automakers are working on V2X systems, some of which are already available. Among those automakers is Ford which thinks the tech could.....

October 9, 2018 No Responses

Mercedes-Benz Delivers 202,819 Vehicles In September

For the Month of September, 2018, Mercedes-Benz sold 202,819 vehicles worldwide. In the third quarter of 2018, 526,255 vehicles with the three-pointed star were delivered to customers (-8.2%). With more than 200,000 units sold last month, sales in September...

October 9, 2018 No Responses

Jaguar Land Rover To Shutdown Plant As Demand Drops

Jaguar Land Rover (JLR) is planning a two week shutdown of its Solihull plant at the end of October. Britain’s biggest carmaker blamed weakening global demand, especially in China, and has faced falling diesel sales in recent months. JLR said...

October 5, 2018 No Responses

Honda Votes $2.8b For Self-Driving Car Unit

Honda is to invest $2.75bn (£2.1bn) and take a stake in General Motors’ self-driving unit, GM Cruise, as firms continue to team up in the race to develop autonomous vehicles. The Japanese carmaker said it wanted to develop a self-driving...

October 4, 2018 No Responses

GAC Unveils GS5 Crossover SUV, Delivers 500,000 Vehicles In 15 Countries

By citybusinessnews@yahoo.com – As part of its ongoing expansion drive, GAC Motor has unveiled new GS5 crossover Sport Utility Vehicle (SUV). Already, GAC has commenced recruitment drive for staff in vehicle engineering, process and technology, ...

October 3, 2018 No Responses

NAJA Elects New Exco

The Nigeria Auto Journalists Association (NAJA) has elected new executive members to run the affairs of the group for a 3-year tenure. In a keenly contested election of the 24 member association drawn from the print, electronic and online media...

September 29, 2018 No Responses

Coscharis Begins Customer Service Week, Explains Discount For Jaguar Land Rover, BMW, Ford, Rolls Royce, Others

By Moses Ebosele, citybusinessnews@yahoo.com – Coscharis Motors customer-service activities is to hold from Monday, October 1, 2018 to Friday, October 5, 2018 at all branches nationwide. The company explained on Friday that the special service titled...