Auto Archives — Page 47 of 48 — City Business News

July 16, 2016 No Responses

Ford invests in self-driving map for cars

Ford Motor Company is among five investors providing $6.6 million in seed funding for Civil Maps, a California startup that creates three-dimensional maps for autonomous cars. The other participants are Motus Ventures, Wicklow Capital, StartX Stanford and AME Cloud Ventures,...

July 16, 2016 No Responses

Hyundai workers vote for strike action

Hyundai Motor’s unionized workers in South Korea voted to go on strike for a fifth year in a row after wage talks broke down, adding to the automaker’s troubles as it battles a sales slowdown. According to Automotive News, a...

July 15, 2016 No Responses

Kia Motors declares 268,886 sales in June

For the month of June 2016, Kia Motors Corporation has announced global sales figures (export sales, domestic sales and sales from overseas plants) for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 268,886 units so...

July 11, 2016 No Responses

Auto dealers under scrutiny over alleged fraud

By Moses Ebosele The Federal Government through Nigeria Customs Service (NCS) has commenced full scale investigation to unravel the identities of automobile dealers responsible for alleged under-declaration at the nation’s seaports. Specifically, Cit...

July 5, 2016 No Responses

Lobbying for NAC DG post intensifies at presidency

Not less than six contenders are jostling for the position of Director General of National Automotive Council (NAC), as the tenure of the incumbent, Engineer Aminu Jalal expires early next year (2017). City BusinessNews gathered this morning that four...

July 4, 2016 No Responses

Six Convicted for Conspiracy, Forgery, Counterfeiting, says Customs

Six persons accused of conspiracy, forgery and counterfeiting by the Nigeria Customs Service have been convicted by the Federal High Court, Lagos. The suspects were charged to court in 2013 and arraigned with a five count charge before Honourable Justice...

July 2, 2016 No Responses

FRSC explains alternative routes along Lagos-Ibadan expressway

THE Lagos Sector Command of Federal Road Safety Corps (FRSC) has advised motorist who intend plying the Lagos-Ibadan Expressway between 1st to 3rd July, 2016 to either move early or take alternative routes to avoid being trapped in traffic along...

July 2, 2016 No Responses

$11.117 b Lagos-Calabar rail contract to be ready in two years, says Amaechi

THE Federal Government has signed $11.117b contract agreement with the China Civil Engineering Construction Company (CCECC) for the construction of the Lagos-Calabar railway line. According to the minister of Transportation, Rotimi Amaechi, the first seg...

December 4, 2015 No Responses

FAAN pledges more allowances for staff

The management of the Federal Airports Authority of Nigeria (FAAN) has agreed to increase allowances and claims for workers in the agency. This was contained in a communiqué singed by leaders of three aviation unions and the management team of...

November 26, 2015 No Responses

NCAA bars five marketers from supplying aviation fuel

The Nigerian Civil Aviation Authority has suspended five oil marketing companies from supplying aviation fuel, also called Jet A1, to local and foreign airlines operating in the country due to lack of depot facilities. According to Punch Newspaper, the compani...

November 10, 2015 No Responses

FG tasks NAC on vehicle purchase scheme

The Vice President, Prof. Yemi Osinbajo has challenged the National Automotive Design and Development Council to develop a comprehensive vehicle credit purchase scheme that would enable Nigerians to afford new vehicles. A statement issued by the Vice Preside...

November 4, 2015 No Responses

VW gets 7-day ultimatum

The Consumer Protection Council (CPC) has issued a seven-day ultimatum to Volkswagen Nigeria to provide information on the status of its vehicles in relation to the emissions cheating software, which has allegedly affected 11 million cars worldwide. In a lette...

October 29, 2015 No Responses

Senate rejects N64b budges for second Abuja Airport runway

The Senate has described the proposed N64b budget for the second runway for Nnamdi Azikiwe International Airport as “bogus and too high’. In a motion sponsored by Senator Dino Melaye APC, Kogi West, Senate acknowledged the fact that a second...

September 2, 2015 No Responses

Customs impounds bullet-proof Toyota SUVs

FOR allegedly bringing the vehicles into Nigeria illegally, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘C’ Owerri has impounded 13 new vehicles, including two bullet-proof Toyota Prado Sports Utility Vehicles (SUVs). The Custo...