Auto Archives — Page 26 of 53 — City Business News

September 27, 2018 No Responses

Daimler, Mercedes-Benz Owner Gets First Non-German Boss

Daimler, the German car maker that owns Mercedes-Benz, will be run by a non-German for the first time as from 2019. Dieter Zetsche, 65, will be replaced by Ola Kaellenius, a 49-year-old Swede, as chief executive in a succession...

September 25, 2018 No Responses

All-New Kia Cerato Debuts December In Nigeria

Unveiled at the 2018 New York International Auto Show in Manhattan, United States of America, the All-new Kia Cerato is to debuts in Nigeria towards the end of this year. The new Cereto according to its manufacturer has made...

September 24, 2018 No Responses

Porsche Stops Production Of Diesel Cars

The German carmaker Porsche says it will stop making diesel cars, and concentrate on petrol, electric and hybrid engines instead. It follows a 2015 scandal in which its parent company, Volkswagen, admitted it had cheated emissions tests for diesel engines....

September 21, 2018 No Responses

Coscharis Jaguar Land Rover Partners Coca-Cola Road To Mauritius Golf Open

Coscharis Jaguar Land Rover was recently at the grand finale edition of the Road to Mauritius golf event organised by Coca-Cola Nigeria. Also at the event held at Ikoyi Golf Club, Lagos were latest Jaguar Land Rover variants – the...

September 11, 2018 No Responses

Mercedes-Benz Exceeds 1.5m Sales Units In Eight Months

Mercedes-Benz delivered 1,512,268 vehicles to customers worldwide in the first eight months of this year, thus setting a new record (+1.1%). Never before in the company’s history were sales of 1.5 million vehicles achieved earlier in the year. Mercedes-Be...

September 11, 2018 No Responses

Investors Drag Volkswagen To Court Over €9B Diesel Damages

Volkswagen has gone on trial in Germany in what is the first court case against the carmaker over the diesel scandal. Investors are pursuing VW for about €9.2bn (£8.2bn) in damages, claiming the company should have come clean sooner...

September 9, 2018 No Responses

BMW Gets Voice-Activated Digital Assistant

Beginning in March 2019, select new BMWs will have a digital co-pilot onboard. The German luxury brand announced Thursday the BMW Intelligent Personal Assistant will help drivers and passengers with a host of functions in the car. The Intelligent...

September 5, 2018 No Responses

Volvo Penta To Introduce Electric Power In 2021

With the aim of becoming a driving force in sustainable power solutions, Volvo Penta is going full charge into hybrid and all-electric drivelines, offering electrified solutions in both its marine and industrial segments by 2021. Volvo Penta has issued a...

September 4, 2018 No Responses

Mercedes-Benz Vito Sustain Position As Top Contender In Mid-Size Van Segment In Nigeria

Since its debuts in 2014, the current Mercedes-Benz Vito has continued to position itself as a pacesetter in the mid-size van segment in Nigeria. The mid-size van, born from Mercedes-Benz’s boldest genes has become an active part of the ‘Mercedes-Benz...

September 4, 2018 No Responses

Nigeria, Volkswagen Seal Automotive Hub MoU

Nigeria has signed a Memorandum of Understanding (MoU) with the Volkswagen Group to develop a joint vision for an automotive hub in the country. Nigeria’s Minister of Industry, Trade and Investment, Dr. Okey Enelamah, signed on behalf of Nigeria,...

August 31, 2018 3 Responses

Volkswagen Seals Assembly Plant MoU With Ghana

Thomas Schaefer, Volkswagen Head of the Sub-Saharan Region and the Minister of Trade and Industry, Alan Kyerenmaten of Ghana signed a Memorandum of Understanding (MOU) in the presence of Angela Merkel, Chancellor of Germany and Mahamudu Bawumia, Vice-President...

August 28, 2018 No Responses

Toyota To Invest $500m In Uber

Toyota Motor Corporation is to invest $500m (£387m) in Uber and expand a partnership to jointly develop self-driving cars. The firm said this would involve the “mass-production” of autonomous vehicles that would be deployed on Uber’s ride sh...

August 26, 2018 No Responses

Volkswagen Sets Aside $4B For Digital Options, Software

Volkswagen will invest 3.5 billion euros ($4 billion) by 2025 to build digital businesses and products including a cloud computing-based platform to connect vehicles and customers to offer services such as car sharing. The German automaker explained that it wa...

August 23, 2018 No Responses

Geely Records 54 Per Cent Increase In Sales

Geely Automobile Holdings surpassed its top three Japanese rivals to become the third-largest automaker in China after Volkswagen Group and General Motors, helped by models that appeal to the nation’s young consumers. Reporting a 54 percent jump in net i...