FG Unveils NADDC Automotive Training, CNG Conversion Centre In Kano

FG Unveils NADDC Automotive Training, CNG Conversion Centre In Kano

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris Uzoka- Anite on Monday commissioned the National Automotive Design and Development Council (NADDC) newly established and equiped Automotive Training and CNG Conversion Centre in Kano State.Speaking at the...
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Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians

Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians

President Bola Ahmed Tinubu has urged automotive manufacturers in Nigeria to facilitate the production of affordable vehicles for Nigerians.  Tinubu made the remarks during a meeting with the African Association of Automotive Manufacturers (AAAM) and the ...
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 “Nigeria’s Automotive Sector In Precarious situation”

 “Nigeria’s Automotive Sector In Precarious situation”

The Nigerian Automotive sector is in a precarious situation and needs urgent attention, Deputy Managing Director of CFAO Motors, Kunle Jaiyesimi has said    Jaiyesimi made the submission at the 7th edition of the Nigeria Auto Journalists Asso...
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NADDC, Coscharis Task Automotive Design Training Participants On Employment Opportunities

NADDC, Coscharis Task Automotive Design Training Participants On Employment Opportunities

Investment in automotive design is the panacea for unemployment in Nigeria, the Director-General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, has said.   Aliyu said  this on Saturday in Owerri, Imo State&nbs...
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Afreximbank, Association Sign MoU To Promote Automotive Industry In Africa

Afreximbank, Association Sign MoU To Promote Automotive Industry In Africa

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. A joint statement issued by both o...
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FG To Establish Automotive Industrial Parks In Nnewi, Ede, Kaduna

FG To Establish Automotive Industrial Parks In Nnewi, Ede, Kaduna

The Director General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, on Tuesday said the Federal Government will  establish Automotive Industrial Parks in three states to promote local production of v...
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Volkswagen Explains New Trucks deal

Volkswagen Explains New Trucks deal

Volkswagen‘s trucks business Traton said  had agreed to raise its takeover bid for Navistar International Corp to $44.50 per share from $43, closing in on a deal that would extend its reach into North America.A successful me...
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Peugeot CEO: Merger With Fiat Chrysler On Track

Peugeot CEO: Merger With Fiat Chrysler On Track

 Peugeot maker, PSA’s boss, Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros ($4.2 billion).“The timetable of ...
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Volkswagen To Pay $267m For Audi Buyout

Volkswagen To Pay $267m For Audi Buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday.Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February.“Volkswagen AG announced and specified tha...
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Nissan Unveils Agenda For New Rogue SUV

Nissan Unveils Agenda For New Rogue SUV

There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States. The small SUV has been redesigned for the 2021 model year, and a replac...
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At AGM, Toyota Vows To Remain Profitable

At AGM, Toyota Vows To Remain Profitable

The Chief Executive Officer of Toyota Motor Corporation,  Akio Toyoda told shareholders at the automaker’s annual meeting that the company will remain profitable during the coronavirus pandemic, using lessons it learned during the global financial ...
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Stallion Group Unveils Stallion Africar Multi-Brand Auto Sales Portal

Stallion Group Unveils Stallion Africar Multi-Brand Auto Sales Portal

By Moses Ebosele, ebosele@hotmail.com — Foremost conglomerate, Stallion Group Nigeria has unveiled its end-to-end digital multi brand portal identified as www.stallionafricar.com.  The Multi-brand Auto giant believes that a sizable business wi...
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Hyundai to establish Mobility Global Innovation Centre in Singapore

Hyundai to establish Mobility Global Innovation Centre in Singapore

Foremost South Korean auto firm, Hyundai is to establish Mobility Global Innovation Centre (HMGIC) in Singapore with support from Singapore Economic Development Board (EDB).  The lab is focussing on exploring ideas to revolutionize R&D process, busine...
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Auto Firms To Converts Factories To Make Ventilators

Auto Firms To Converts Factories To Make Ventilators

Car firms are answering calls from governments to help make more ventilators and face masks to help out during the coronavirus pandemic. Already, Fiat has commenced converting one of its car plants in China to start making about one million...
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