Auto Archives — Page 36 of 53 — City Business News

November 25, 2017 No Responses

BMW to invest $237m on battery cell center

BMW will bundle its battery cell expertise in a new competence center, the German luxury carmaker said on Friday, adding it would invest 200 million euros ($237 million) in the site over the next four years. “By producing battery-cell prototypes,...

November 24, 2017 No Responses

Real Madrid Players get their yearly Audis, many are Q7 SUVs

In Spain it’s that time of the year for Real Madrid’s players to take delivery of their shiny new cars from the team’s sponsor Audi. The company with the four-ring logo joined forces with the hugely popular soccer team back...

November 23, 2017 No Responses

Ford to partner Mahindra on electric vehicles in India

Ford Motor Company and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said. Mahindra & Mahindra, which ...

November 21, 2017 No Responses

Black Friday: Coscharis motors partner jumia on discounts for customers

Coscharis Motors PLC, a foremost automobile dealer in Nigeria and sole representative of globally respected iconic auto brands like Ford, BMW, Jaguar, Land Rover, Morris Garages (MG), etc, in Nigeria, has partnered with Jumia the largest online shop in Africa....

November 20, 2017 No Responses

VW sets aside $40b for electric vehicles

Volkswagen AG will spend more than 34 billion euros ($40 billion) over the next five years to develop automotive technology for an era of electric robo-taxis. With the unprecedented investment through 2022, Volkswagen is accelerating its push into battery-powe...

November 17, 2017 No Responses

Kia renovates healthcare center

Kia Motors Corporation has formally handed over a healthcare center in the town of Mayuge in eastern Uganda, having funded the build of the facility and its day-to-day management during a start-up phase. The center, which provides much-needed medical support.....

November 14, 2017 No Responses

Toyota to phaseout internal explosion engine by 2050

Toyota expects a inner explosion engine to be passed by 2050, and energy usually about 10% of cars as partial of hybrid systems from 2040 onwards. The prediction, announced by Seigo Kuzumaki, Toyota’s conduct of modernized RD and engineering, re-emphasises...

November 13, 2017 No Responses

Hyundai pick-up may debut in U.S.

Three years after Hyundai disclosed the concept of Santa Cruz, details regarding a production version are still quite limited at this point. New info has emerged this week as South Korea’s Seoul Economic Daily is reporting the utilitarian vehicle...

November 13, 2017 No Responses

Mercedes-Benz Pick-Up to debut in 2018, may cost $45,000

Mercedes-Benz first pick-up is to debut in April 2018. Already, more than 7,000 buyers have registered their interest online for the new Mercedes pick-up. According to agency report, the rise in demand comes as the Toyota Hilux is on...

November 11, 2017 No Responses

GM unveils agenda for autonomous vehicles

General Motors will on November 30, 2017, in San Francisco, share its “vision for an autonomous future”. General Motors Chief Executive Officer, Mary Barra who disclosed the development while reviewing the automaker’s third-quarter earning...

November 8, 2017 No Responses

Toyota declares $63.45 b revenue in Q2

Toyota Motor’s operating profit climbed 10 percent in the latest quarter as windfall gains from favorable foreign exchange rates offset weakening business in the key U.S. market, where rising incentives and falling wholesale volume dented regional profit...

November 7, 2017 No Responses

Weststar, Barbedos flags off Mercedes-Benz special service campaign in Abuja

As part of strategic directions aimed at achieving superior after-sales quality of service and enhancing customer relationship, Weststar Associates Limited (Authorized General Distributors of Mercedes-Benz Passenger and Commercial vehicles in the Federal Repub...

November 6, 2017 No Responses

Toyota seeks more investments in Israeli auto tech, robotics

Japan’s Toyota Motor Corporation is seeking more investments in Israeli robotics and vehicle technologies after its venture arm led a $14 million investment in Intuition Robotics in July. The startup, which makes robots for the elderly, was the first....

November 5, 2017 No Responses

NAJA names Ade-Ojo icon of auto industry

A foremost industrialist and automobile business legend, Chief Michael Ade-Ojo, is set to be honoured as an icon of the Nigeria’s auto industry by the Nigerian Auto Journalists Association. Ade-Ojo, who is the founder of Elizade Nigeria Limited and Chairman....