Automotive Archives — City Business News

July 2, 2025 No Responses

NADDC, Edo Empower Women In Automotive Industry

To advance gender inclusion and technical skills development in the Nigeria Automotive Industry, the National Automotive Design and Development Council (NADDC), in collaboration with the Office of the Executive Governor of Edo State and the Lady Mechanic Initiative (LMI), commenced...

February 14, 2025 No Responses

NADDC Boss Tasks AMDON On Dealership Regulations

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin has challenged members of the Association of Motor Dealers of Nigeria (AMDON) to address the regulation of used car imports and dealership operation...

October 22, 2024 No Responses

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 i...

May 5, 2024 No Responses

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 ...

August 1, 2022 No Responses

“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...

March 21, 2021 No Responses

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...

February 19, 2021 No Responses

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...

February 17, 2021 No Responses

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...

October 19, 2020 No Responses

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...

June 26, 2020 No Responses

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 ...

June 17, 2020 No Responses

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...