Auto Archives — Page 35 of 53 — City Business News

December 16, 2017 No Responses

Coscharis Photo News

L- R : Omotayo Olori, Senior Sales Executive, Ford, Coscharis Motors Plc; Felix Mahan, Brand Manager, Ford, Coscharis Motors Plc; Iyeh Kennedy, winner, The Next Titan Season 4; Abiona Babarinde, General Manager, Marketing & Corporate Communications, Coscharis Group; Mide Kunle-Akinlaja, Executive Producer,...

December 15, 2017 No Responses

Land Rover to unveil new Defender in 2018, targets 100,000 units worldwide

A new Land Rover Defender is to debut at the British brand’s 70th anniversary party in late 2018, and sales of the much-anticipated Sports Utility Vehicle (SUV) would finally begin in 2019, according to Autocar . Land Rover will...

December 13, 2017 No Responses

Kia Stinger debuts 2018 in Nigeria

Kia stinger is to debuts 2018 in Nigeria. Kia Stinger according to a statement represents a number of firsts for Kia Motors. To ensure smooth and stable driving performance, Kia has paid special attention to fine-tuning the suspension of...

December 12, 2017 No Responses

Ford to test Internet sales models

Ford Motor Company is using the world’s largest vehicle market as a test bed for alternatives to traditional dealer showrooms. The automaker last week announced a partnership with Alibaba Group Holding to explore cooperation on, among other things, th...

December 9, 2017 No Responses

Mercedes-Benz hits 2.1m sales mark

This November, Mercedes-Benz delivered 195,698 vehicles to its customers, thus achieving the 57th record month in succession with a 7.2% increase. This adds up to a sale of 2,095,810 units since the beginning of the year 2017. This represents not...

December 8, 2017 No Responses

Weststar terminates distributorship of Chrysler, Dodge, Jeep, RAM, Fiat

As part of measures to consolidate and expand the Mercedes-Benz business in Nigeria, Weststar Associates Limited and FCA have resolved to “mutually terminate its distributorship agreement”. Under the arrangement, with effect from Monday, 5th December 20...

December 7, 2017 No Responses

Ex Volkswagen executive jailed

A former Volkswagen executive has been sentenced to seven years in prison and a $400,000 (£298,778) fine, after admitting he helped the firm evade clean-air laws. Oliver Schmidt, 48, is the second person to be imprisoned in the US over...

December 6, 2017 No Responses

Kia unveils new Sorento SUV

Kia Motors America (KMA) on Tuesdat unveiled the refreshed 2019 Sorento SUV at the Los Angeles International Auto Show. Refined, rugged and roomy, the Sorento according to the auto firm remains as capable as ever, but touts a number...

December 5, 2017 No Responses

Hilux boosts TNL sales by 70 per cent

By Moses Ebosele, ebosele@hotmail.com – Between January and the third quarter of this year, award winning Hilux contributed about 70 per cent of the 1,900 units of vehicles sold by Toyota Nigeria Limited. Briefing Journalists on the performa...

December 2, 2017 No Responses

VW targets improved profit with electric cars

Volkswagen AG’s core VW brand raised its mid-term target for profit margins and said it would speed up turnaround efforts as cost cuts help free funds to boost its SUV lineup and develop more hybrid and full-electric cars. The...

November 30, 2017 No Responses

Daimler rejects Geely’s offer to aquire 5% stake

Daimler turned down an offer from China’s Zhejiang Geely Holding Group to take a stake of up to 5 percent via a discounted share placement. According to Automotive News, Geely is keen to access Daimler’s electric car battery technology...

November 29, 2017 No Responses

Infinity Tyres Debuts in Lekki, Flags off 2017 Value Drive Promo

By Moses Ebosele, ebosele@hotmail.com – Infinity Tyres Limited, Nigeria’s leading tyre, battery and premium automobile accessories brand has concluded plans to open a full-fledged branch in Lekki, Lagos State in the first week of December, 2017 t...

November 29, 2017 No Responses

Top Gear Names Rolls-Royce Phantom Luxury Car of 2017

The Rolls-Royce Phantom has earned BBC Top Gear Magazine’s coveted ‘Luxury Car of the Year’, just weeks after its global media launch on the banks of Lake Lucerne in Vitznau, Switzerland. Referred to by the cognoscenti as ‘the best car...

November 27, 2017 No Responses

Mazda to unveil new SUV

Four years ago, CEO Masamichi Kogai predicted Mazda would be notching annual U.S. sales of 400,000 vehicles by now. Instead, it is in a second-straight year of decline, with volume under 300,000 and market share retreating from an erstwhile goal...