Vehicle Archives — City Business News

July 8, 2024 No Responses

LASTMA Impounds 9,370 Vehicles, Records 256 Casualties In Six Months

Between January and June 2024, the Lagos State Traffic Management Authority (LASTMA) impounded 9,370 vehicles for alleged traffic violations. The General Manager of LASTMA, Mr. Olalekan Bakare-Oki revealed this at the weekend during a meeting with relevant stakeholders in the...

June 22, 2024 No Responses

LASTMA Impounds 40 Vehicles

To restore order and ensure the free flow of traffic, the Lagos State Traffic Management Authority (LASTMA) has impounded about 25 commercial and 15 private vehicles operating illegal garages and causing road obstructions around Oyingbo, Ijora, and Idumota are...

October 24, 2023 No Responses

100th Anniversary: MG Nigeria Rolls Out Exclusive Offers On SUVs, Plans Locally Assembled EV Launch

As part of the activities marking the brand’s 100 years anniversary, Stallion MG has rolled out for Nigerians special offers on Sports Utility Vehicles (SUVs). Anurag Shah, General Manager, Luxury & Premium Automotive Brands Division of Stallion Group, N...

October 18, 2023 No Responses

Innoson Attains 60,000 Annual Vehicle Production Capacity, Bags SON’s ISO 9001:2015

Foresmost Indigenous vehicle manufacturer, Innoson Vehicle Manufacturing Company Limited, has upgraded its assembly plant from annual production of 10,000 vehicles to 60,000 automobiles.Chief Executive Officer of the company, Innocent Chukwuma, disclosed this ...

November 27, 2022 No Responses

Jaguar Land Rover Cuts Output

Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood, United Kingdom until the spring, due to ongoing problems obtaining enough computer chips for new vehicles. The action is expected to affect the output of...

March 31, 2022 No Responses

Police Takes Delivery Of 16 Innoson Pick-Up

The Nigeria Police Force has taken delivery of 16 INNOSON Pickups (IVM Carrier) donated by the National Sovereign Investment Authority (NSIA) for enhanced surveillance patrol and crime prevention along the Kaduna-Abuja-Kano expressway. According to th...

March 16, 2022 No Responses

FRSC To Auction Impounded Vehicles

The Bauchi State Sector of Federal Road Safety Corps (FRSC) has disclosed that all the vehicles impounded in the past six months for various offences will soon be auctioned to the public. Mr Rilwanu Suleiman, Sector Head of Public Enlightenment,...

March 7, 2022 No Responses

FRSC Intercepts 1,291 Vehicles For Not Installing Speed Limiting Device

The Lagos State Sector Command of the Federal Road Safety Corps (FRSC), Mr Olusegun Ogungbemide, on Snday disclosed that the command intercepted 1,291 commercial vehicles for operating without speed limiting device. Ogungbemide in an interview with the N...

June 28, 2021 No Responses

UNILAG Test-Runs Zero Emission Vehicle

The University of Lagos is test-running its Zero Emission Vehicle (ZEV) it initiated in 2018. The institution’s Deputy Vice-Chancellor, (Academics and Research), Prof. Oluwole Familoni, disclosed this in an interview with the News Agency of Nigeria (NA...

May 22, 2021 No Responses

Coscharis Unveils New Vehicle Finance Scheme

By citybusinessnews@yahoo.com — Coscharis Mobility Limited, a subsidiary of Coscharis Group has unveiled new vehicle finance scheme in partnership with Coscharis Motors. Unlike the conventional vehicle finance usually midwifed by b...

April 24, 2021 No Responses

New Honda CEO Targets 100% Electric Vehicles By 2040

Honda Motor Co’s new chief executive said on Friday the company was aiming to increase its ratio of electric vehicles (EVs) and fuel cell vehicles (FCVs) to 100% of all sales by 2040.Speaking at his first news conference since ta...

March 26, 2021 No Responses

Lagos Assembly Approves N4.42b To Purchase 355 Vehicles

The Lagos State House of Assembly has approved Governor Babajide Sanwo-Olu’s request for N4.42 billion to purchase 355 vehicles for Ministries, Departments and Agencies (MDAs). The House passed the approval through a voice vote supervised by...

March 5, 2020 No Responses

Toyota Recalls 3.2m Vehicles Worldwide

Toyota Motor Corporation on Wednesday recalled 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling. The Japanese automaker first said in January it would recall 696,000 U.S. vehicles with a fuel pump that...

December 12, 2019 No Responses

Nigeria Develops Portal For Import Duty Exemptions, Vehicle Identification Number

The Federal Executive Council (FEC) on Wednesday approved the development of a portal for the management of import duty exemptions and vehicle identification numbers. Briefing Journalists after the meeting, the Minister of Finance, Budget and National Pl...