Automobile Archives — Page 4 of 30

September 3, 2022 No Responses

Nissan To Leverage US Tax Credit On Electric Vehicles

Nissan will more aggressively push electric vehicles to take advantage of a new US law that gives up to $7,500 in tax credits, the Japanese automaker said on Friday. President Joe Biden signed the landmark climate change and health care bill into...

September 2, 2022 No Responses

Ford Recalls 198,000 SUVs Over Fire Risks

Ford Motor is recalling 198,000 SUVs in the United States to replace a blower motor assembly after reports of 25 fires, it said on Thursday. Reuters report that the recall covers 2015-2017 model year Ford Expedition and Lincoln Navigator vehicles....

August 31, 2022 No Responses

Geely Secures $400m To Accelerate Green Transformation

Geely Automobile Holdings has become the first Chinese automaker to secure an overseas sustainable club loan. Information obtained by City Business News on Tuesday explained that the three-year $400 million facility will be used to support Geely Au...

August 19, 2022 No Responses

Geely Delivers 613,845 Vehicles In Six Months

Geely Automobile Holdings, the Hong Kong-listed entity in which Zhejiang Geely Holding Group is the lead shareholder, on Thursday, released its 2022 Half-Year performance, indicating significant progress in the premium market segments....

July 9, 2022 No Responses

Hyundai N Sportscar To Mark Global Debut July 15

Hyundai N Sportscar is to make its global debut on July 15, on Hyundai’s annual N Day 2022. Already, the auto firm has shared the model’s image on social media channels in which it can be seen wrapped in cloth in...

June 17, 2022 No Responses

NADDC DG In Kenya, Seeks Use Of Electric Vehicles In Africa

The Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu, has called on African countries and research institutions to promote and adopt electric vehicles. Aliyu, who made the call in Nairobi, Kenya, expained t...

June 3, 2022 No Responses

Coscharis Unveils All-New Ford Bronco

Coscharis Motors unveiled the all-new Ford Bronco into the Nigerian market at the ongoing Lagos Motor Fair. Speaking during the launch, Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group, said, “The Bronco has come ...

May 24, 2022 No Responses

Toyota To Cut Global Production Plan, Deliver 9.3m Vehicles By March 2023

Toyota Motor Corporation will cut its global production plan by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage. Reuters report on Tuesday that the company did not change its estimate of producing about 9.7 million...

May 21, 2022 No Responses

World’s Most Expensive Car

A 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe, one of only two on Earth, has sold for a record $143 million, making it the most expensive car in the world. The car was named after its creator and chief engineer, Rudolf Uhlenhaut, and wa...

May 12, 2022 No Responses

New Range Rover Sport Debuts

Sensational New Range Rover Sport has made its global premiere with a dramatic world-first climb up a flooded dam spillway in Iceland. New Range Rover Sport is based on Land Rover’s advanced, flexible Modular Longitudinal Architecture (MLA-Flex), which...

May 10, 2022 No Responses

Toyota To Forecast Higher Profit, Helped By Solid Demand

Toyota Motor Corporation is expected to forecast higher profit for the year ahead when it reports earnings this week, helped by solid demand and a weaker yen, even as commodities costs and supply chain woes put pressure on the global...

May 4, 2022 No Responses

Hyundai Rolls Out Creta Knight Edition

Hyundai Motor India on Tuesday unveiled Creta Sports Utility Vehicle (SUV) ‘Knight Edition’. According to Hyundai, the new edition the new edition will be offered on a S+ trim (MT only) and the SX (O) trim (IVT/AT only) availab...

May 2, 2022 No Responses

Hyundai To Unveil IONIQ 5

Korean automaker Hyundai has confirmed that the brand will be introducing the Ioniq 5 electric vehicle in India in the second half of 2022. The car will be a part of Hyundai’s Beyond Mobility strategy, which will also bring other...

April 15, 2022 No Responses

Kia Unveils Miss Nigeria As Brand Ambassador

Kia Nigeria has unveils Shatu Garko, Miss Nigeria Queen as their brand ambassador. The unveiling and handover ceremony was held at the Kia Showroom, Adeola Odeku, Lagos, and marks the beginning of Shatu’s brand ambassadorship with Kia Nigeria. The bran...