Report predicts drastic drop in Vehicle sales

Report predicts drastic drop in Vehicle sales

Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services such as Uber, according to a study by IHS Markit. Annual private vehicle sales in the U.S., Europe, China and India will decline over the...
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Toyota to phaseout internal explosion engine by 2050

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...
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Hyundai pick-up may debut in U.S.

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

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...
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GM unveils agenda for autonomous vehicles

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...
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Dana Air lifts 2.7m passengers in nine years

Dana Air lifts 2.7m passengers in nine years

Ahead of its 9th anniversary on Friday, November 10, 2017, the management of Dana Air on Thursday commended all stakeholders for their support and contributions.   In a statement, the company said: “Since commencing flight operations on November 10, 2008,.....
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Audi steps up research into synthetic fuels

Audi steps up research into synthetic fuels

Audi is systematically building on its e-fuels strategy. Together with the partners Ineratec GmbH and Energiedienst Holding AG, the company has plans for a new pilot facility for the production of e-diesel in Laufenburg, in Canton Aargau (Switzerland). For the...
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CMA CGM to power 22,000 TEU ship with LNG

CMA CGM to power 22,000 TEU ship with LNG

French shipping major CMA CGM Group has unveiled the decision to equip its nine future ships of 22,000 TEUs with engines using liquefied natural gas. “We have made the bold decision to equip our future 22,000 TEUs vessels with a...
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Toyota declares $63.45 b revenue in Q2

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...
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FG to demolish Costain, Jibowu bridges as construction of Standard Gauge rail track begins in December

FG to demolish Costain, Jibowu bridges as construction of Standard Gauge rail track begins in December

The Minister of Transportation, Rotimi Amaechi on Monday said the laying of tracks of Lagos-Ibadan standard gauge rail line would start in December. He also said that Jibowu and Costain bridges in Lagos would be demolished to give way for...
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Weststar, Barbedos flags off Mercedes-Benz special service campaign  in Abuja

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...
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Toyota seeks more investments in Israeli auto tech, robotics

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....
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NAJA names Ade-Ojo icon of auto industry

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....
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France cuts Renault stake to 15 percent

France cuts Renault stake to 15 percent

France is selling a 4.73 percent stake in carmaker Renault, a government investment agency has said, paring the holding back to the 15-percent level that had preceded a 2015 power struggle over voting rights.   The APE state holding agency said...
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