Transport Archives — Page 32 of 49

July 11, 2017 No Responses

Porsche under investigation over alleged fraud

The Stuttgart prosecutor’s office said on Monday employees at German sports car maker Porsche AG and its U.S. subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions. The probe is the latest twist in...

July 10, 2017 No Responses

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...

July 8, 2017 No Responses

Audi manager comes under scrutiny over VW emission scandal

(BBC)-German authorities have arrested an Audi manager in connection with the Volkswagen diesel scandal. This is the first arrest in Germany related to Volkswagen’s emissions-test cheating scandal. Munich prosecutors declined to comment on whether the ar...

July 7, 2017 No Responses

Mitsubishi Pajero Sport debuts in Nigeria

The all new Mitsubishi Pajero Sport has formerly settled in Nigeria courtesy Massilia Motors, sole distributor of Mitsubishi vehicles in Nigeria. Massilia Motors, a joint venture of CFAO and Kewalram Chanrai Group boast of seasoned personnel and strong ...

July 7, 2017 No Responses

Massilia Motors Photo News

L-R: General Manager, Sales and Marketing; Navin Chander, Deputy Managing Director, Kunle Jaiyesimi; GM, Aftersales, Dominique Beguin; and Sunil Mohta, GM, Finance, at the launch of the New Mitsubishi Pajero Sport by Massilia Motors Ltd in Lagos on Thursda...

July 6, 2017 No Responses

PSA Group secures approval to buy Opel

PSA Group secured unconditional European Commission (EU) antitrust approval on Wednesday to acquire General Motors’ German unit Opel, a move that will make it Europe’s second-largest automaker after the Volkswagen Group. The European Commission...

July 5, 2017 No Responses

Frank Nneji, ABC Transport boss, gets West African tourism award

The Managing Director of ABC Transport, Frank Nneji, has won the Top 100 Tourism Personalities in West Africa Award and recognition. The winners were unveiled in Accra, Ghana, while the award was presented to him at ABC Transport’s Corporate...

July 5, 2017 No Responses

Rolls-Royce celebrates style, luxury at 2017 Festival

Still savouring increase in sales, Rolls-Royce has revealed its latest bespoke motor car, the Dawn Black Badge. It was unveiled at the 2017 Goodwood Festival of Speed. The annual event celebrates speed in all its glory, featuring historic motor...

July 4, 2017 No Responses

Mercedes-Benz maintains lead over BMW

Mercedes-Benz held off BMW again last month to preserve its substantial midyear lead in U.S. luxury auto sales. BMW’s CEO isn’t ready to accept being relegated to the second position. Mercedes sold 28,994 cars and light trucks in the U.S....

July 3, 2017 No Responses

FRSC records 32 per cent decrease in death

Data gathered from the just concluded June 2017 Eid El Fitri Special Patrol by the Federal Road Safety Corps (FRSC) has revealed significant decrease in road accidents fatality rates when compared to the year 2016 Eid El Fitri. According...

July 2, 2017 No Responses

Migrant Crisis: UN seeks more support for Italy

Italy needs more support as it deals with large numbers of migrants crossing the Mediterranean from Africa, the UN’s refugee agency has said. “What is happening in front of our eyes in Italy is an unfolding tragedy,” Filippo Grandi said....

July 1, 2017 No Responses

BMW unfolds $600m expansion agenda

BMW is to invest an additional $600 million to expand its South Carolina plant. The expansion is scheduled to create 1000 new jobs over the next four years. The Chief Executive Officer, Harald Krueger’s announcement coincided with the German...

July 1, 2017 No Responses

Mazda recalls 227,814 vehicles

(Auto News) Mazda North America is recalling 227,814 Mazda3 and Mazda6 vehicles in the U.S. because parking brakes may drag when driving or slip when cars are parked on a slope, increasing the chance of a crash. The recall includes...

June 28, 2017 No Responses

New cyber attack goes global, hits Maersk

A cyber attack has shut down IT systems across multiple sites and business units owned by Danish transport and logistics major A.P. Moller – Maersk, the company confirmed earlier today. APM Terminals is said to be among the hit business units, with...