GM cuts outlook for new vehicle sales in 2017

GM cuts outlook for new vehicle sales in 2017

(Reuters) General Motors now expects U.S. new vehicle sales in 2017 will be in the “low 17 million” unit range, reflecting a widespread expectation that the industry is headed for a moderate downturn, a top executive said on Monday. “The...
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Ignition Switches:GM settles with 203 plaintiffs

Ignition Switches:GM settles with 203 plaintiffs

General Motors has agreed to settle federal lawsuits in the United States by as many as 203 plaintiffs over defective ignition switches in its vehicles. Settlement terms are confidential, but the accord could also resolve hundreds of state court claims,...
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Jetvan Automobiles unveils 50 per cent service discount for Mercedes-Benz Sprinter

Jetvan Automobiles unveils 50 per cent service discount for Mercedes-Benz Sprinter

In preparation for the Ramadan celebration, Jetvan is offering a 50% service discount on labour and diagnostics to its customers as part of activities to ensure a safe and enjoyable ride all through the Ramadan season.   According to Mr....
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Qatar wants 10% of American Airlines

Qatar wants 10% of American Airlines

(BBC) American Airlines has received an “unsolicited” approach from Qatar Airways which wants to acquire 10% of the US carrier.   In a regulatory filing, American Airlines said Qatar intended to buy at least $808m (£638m) of its shares. American....
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Again, Kia tops J.D. Power’s Initial Quality nameplate ranking

Again, Kia tops J.D. Power’s Initial Quality nameplate ranking

Continuing a multi-year string of quality and reliability awards and accolades, J.D. Power’s 2017 Initial Quality Study (IQS) has recognized Kia Motors as the highest-ranking nameplate in the United States for the second year in a row.    Kia’s improveme...
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FG to purchase four new locomotives

FG to purchase four new locomotives

To further enhance movement of goods and passengers along Abuja-Kaduna rail route, the Federal Government on Tuesday announced plans to purchase four new locomotives before the end of August, 2017.     Speaking during the inspection of the Kaduna Inland Dry...
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Hyundai unveils Kona SUV

Hyundai unveils Kona SUV

Hyundai has unveiled the latest vehicle in its expanding line-up of stylish Sports Utility Vehicles (SUVs), the Kona compact SUV.   With a strong, impactful design and uncompromised individuality, the Kona is designed to appeal to modern customers with active...
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Rolls-Royce’s engines to power world’s largest hybrid ferry

Rolls-Royce’s engines to power world’s largest hybrid ferry

UK-based engineering company Rolls-Royce has received an order for four diesel engines to power the world’s largest hybrid ferry being built for the Norwegian cruise and transport company Color Line. The ferry is designed by Fosen and will be built...
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Hathiramani to Jelani: Review auto policy to meet current realities

Hathiramani to Jelani: Review auto policy to meet current realities

By Moses Ebosele (ebosele@hotmail.com) –    The Chief Executive Officer of Kia Motors Nigeria, Jacky Hathiramani has advised the new Director-General, National Automotive Design and Development Council (NADDC), Mr. Aliyu Jelani, to facilitate review of...
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Edo begins negotiation with representatives of Toyota, Yamaha, Mitsubishi, others

Edo begins negotiation with representatives of Toyota, Yamaha, Mitsubishi, others

Edo State Governor, Mr Godwin Obaseki, on Monday, met with executives representing Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation (JETRO) to plan potential investments in Edo state and assure them of avai...
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Export of certified yams from Nigeria to U.S, U.K, begins June 29

Export of certified yams from Nigeria to U.S, U.K, begins June 29

Barring any last minute adjustment, Nigeria will formally export its first consignment of certified yams to the United Kingdom and United States of America on the 29th of June, 2017.   According to the Minister of Agriculture and Rural Development,...
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At NAJA’s forum, experts seek stricter enforcement of road safety rules, bailout for auto firms

At NAJA’s forum, experts seek stricter enforcement of road safety rules, bailout for auto firms

By Moses Ebosele –    To successfully curtail injuries, loss of lives and properties associated with road accidents in Nigeria, road safety experts have canvassed stricter enforcement of laid down rules and regulations.   Speaking at the 2017 Nigeria...
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Liberian-Flagged Ships 1st to Feature ClassNK e-Certificate

Liberian-Flagged Ships 1st to Feature ClassNK e-Certificate

The world’s first comprehensive electronic certificate service for classification and statutory certificates, which will first be available to Liberian-flagged vessels, will enter operation from June 15, classification society ClassNK said. The service, Cla...
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FG earmarks Ikorodu Terminal for agro-export, tasks NPA, Customs, NAFDAC, others on quality control

FG earmarks Ikorodu Terminal for agro-export, tasks NPA, Customs, NAFDAC, others on quality control

By Moses Ebosele –        Inline with the Presidential order on Ease of Doing business and dedication of Seaports for agro-export, the Federal Ministry of Agriculture and Rural Development (FMARD) has commenced discussions with the Nigerian Ports Aut...
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