Five auto firms under investigation over alleged limit on emission technology

Five auto firms under investigation over alleged limit on emission technology

BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. EU investigators are looking into allegations that BMW, Daimler, VW, Audi and Porsche colluded to limit their spending...
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Again, Toyota emerges best in global reliability survey

Again, Toyota emerges best in global reliability survey

For the fifth year in a row, Toyota and Lexus rank as the top two brands for reliability based on a survey of Consumer Reports subscribers.   Consumer Reports‘ 2017 Auto Reliability Survey published on Thursday  found “growing pains” among....
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Mitsubishi unveils 30% growth agenda

Mitsubishi unveils 30% growth agenda

Mitsubishi Motors has unveiled a three-year plan to boost global vehicle sales by 40 percent and revenue by more than 30 percent as it rebounds from a fuel economy scandal by strengthening its utility vehicle lineup and targeting rapid growth...
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INTELS: NPA frustrated attempts to resolve TSA logjam

INTELS: NPA frustrated attempts to resolve TSA logjam

The management of Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited says the present management of Nigerian Ports Authority (NPA) deliberately frustrated attempts to address the issues raised by introduction of the Treasury Single Account (TSA) i...
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Nissan appoints Anthony Thomas Chief Information Officer, brand value rises to $11.5b

Nissan appoints Anthony Thomas Chief Information Officer, brand value rises to $11.5b

Nissan Motor Company Limited has announced that Anthony Thomas, most recently group CIO at GE Global, will assume the duties of CVP, CIO (chief information officer), Global IS/IT Nissan from October 23, 2017.  Thomas will be based at Nissan’s headquarte...
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Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

By Moses Ebosele, ebosele@hotmail.com –    A leading player in the automotive industry in Nigeria, Coscharis Group, has unveiled Ford Assembly plant in Lagos.   Already, the plant located at KM 32, Lekki-Epe Expressway, Awoyaya, Lagos State has rolle...
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SIFAX Group gets West Africa Shipping Award

SIFAX Group gets West Africa Shipping Award

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has bagged an award at the 7th edition of the Nigeria Brand Awards. SIFAX Group was awarded the “Most Innovative an...
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Isuzu unveils new pick-up

Isuzu unveils new pick-up

Growing demand for light commercial vehicles has spurred Isuzu to expand its offering in Sub-Saharan Africa to include the KB 4×4 crew cab X-Rider model.   Introduced initially as a 700-unit limited edition, the X-Rider according to the auto firm...
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Audi delivers 1,380,800 vehicles in nine months

Audi delivers 1,380,800 vehicles in nine months

AUDI AG ended the third quarter with an increase of 2.6 percent in September sales compared to 2016. In the past month, the company sold 178,350 units.   The picture was mixed among the top markets: While sales grew in the...
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Kia appoints Oleg new head of design in China

Kia appoints Oleg new head of design in China

Kia Motors has appointed prominent car designer Oleg Son, 56, as Head of Kia Design China – leading the brand’s design activities in China and strengthening its design capability in the rapidly expanding Chinese market. Son will be based in...
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Kia records 252,254 sales in September

Kia records 252,254 sales in September

Kia Motors Corporation announced its September 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 252,254 units sold.  According to the suto firm, in September, domestic market sales totaled...
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Porsche seeks $235m damages from Audi over diesel scandal

Porsche seeks $235m damages from Audi over diesel scandal

There’s trouble in Volkswagen paradise as Porsche begins litigation against its sister-brand Audi, alleging that the auto manufacturer’s role in the Dieselgate scandal has cost the luxury automaker upwards of $234 million, Reutersreports. In 2015, ...
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Hyundai global brand value hits $13.2b

Hyundai global brand value hits $13.2b

Hyundai has maintained its position as one of the world’s 40 most valuable brands for the third year in a row, according to the latest Best Global Brands report from respected international consultancy Interbrand.   The carmaker retained its place...
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NPA boss reiterates commitment to safety standards

NPA boss reiterates commitment to safety standards

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the commitment of the organisation to Safety Standards for all aspects of operations at the nation’s Seaports.   She expressed this commitment in her remarks at the...
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