Home / 2016 / May (page 5)

Monthly Archives: May 2016

Winners Emerge in Nissan/UEFA Champions Bonanza

Ardent football enthusiast, Valentine Ojijie, has won an all-expense paid trip to watch Nissan partly-sponsored UEFA Champions League Final in Milan-Italy on May 28. Ojijie’s entry came top following a selfie he posted with passionate UEFA Champions League shots on #NissanNigeria Face book page, using #NissanChampion and #NissanNigeria in a ...

Read More »

Ex-Bentley Design Chief, SangYup Lee, Becomes Hyundai’s VP Styling

The Hyundai Motor Company is set to up its game in the area of top-notch designing as the Korean auto giant has recruited the world-renowned designer, SangYup Lee, former head of exterior and advanced design at Bentley, to become the vice president of styling at the Hyundai Design Centre. Building on ...

Read More »

Nissan Reports 523.8 bn Yen Profit Rise in FY2015

Nissan Motor Co. has announced increased full-year revenues and profitability for the 12 months ending March 31, 2016. Rising demand for new products in North America, Western Europe and China offset the impact of negative foreign exchange movements and slowing or declining sales in emerging markets. According to the Nissan, ...

Read More »

Nissan Takes 34% Stake in Mitsubishi Motors

Nissan Motor Co., Ltd., (“Nissan”), and Mitsubishi Motors Corporation, (“MMC”) Thursday announced the signing of a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Nissan will take a 34 percent equity stake in MMC for 237 billion yen. The strategic alliance will extend an existing partnership ...

Read More »

CFAO Promises More Investment for Lagos

  French commercial and industrial giant, CFAO,  said on Friday that it was ready to invest more in Lagos, Nigeria’s commercial capital, maintaining that what it had done so far was just a tip of the iceberg. The chairman, CFAO Nigeria Plc., Mr. Gbenga Oyebode, gave the promise at the ...

Read More »

Toyota Picks Up The Pace with Hilux and Fortuner Leading The Way

Toyota was South Africa’s top seller for the fourth consecutive month in 2016, as demand for the all-new Hilux and Fortuner helped the country’s favourite car brand head off its nearest competitor in the retail race by no less than 28 per cent. Toyota recorded 8,791 sales in April; a ...

Read More »

Continental Raises Cash Flow Forecast for Current Fiscal Year

  After a good first quarter in fiscal 2016, the technology company, Continental, is raising its forecast for free cash flow before acquisitions for the year as a whole. “In the first few months of this year, we again managed to achieve a considerable increase in free cash flow before ...

Read More »

New Lexus Revealed at Beijing Motorshow

  Lexus has unveiled its new IS sports sedan at the Beijing Motor Show, delivering daring new styling and updated safety, luxury and convenience features. Exciting Exterior A dynamic new front fascia headlines the exterior styling changes with new headlamps, large air intakes in the front bumper and an evolution ...

Read More »

TTAC’s 2016 Best Automobile Today: Mazda MX-5 Roadster voted Number1

  With a staggering 61.4 percent of cast ballots from writers and readers; the 2016 Mazda MX-5 Roadster was named The Truth About Cars’ (TTAC) 2016 Best Automobile Today; a US based website covering automobiles, automotive products and the auto industry. The Mazda MX-5 was not the only Mazda to ...

Read More »

Mercedes-Benz GLS is the S-Class of SUVs

Like the GL before it, the new GLS is also setting standards in the world of the SUV as it confirms its position as the “S-Class among SUVs”. The only full-fledged seven-seater in the European premium SUV segment boasts ample space and combines luxury with impressive levels of comfort, agile ...

Read More »