Toyota announced on Tuesday that its global cumulative sales of its hybrid vehicle (HV) has hit 10.05 million units as of January 31, surpassing the 10 million unit mark. Toyota said it considered the feat as more than a numerical milestone, but a demonstration of the staying power of a ...
Read More »Yearly Archives: 2017
Mitsubishi’s new compact SUV, Eclipse Cross, for Geneva Motor Show premiere
Mitsubishi Motors said on Tuesday that its new compact SUV, Eclipse Cross, will be unveiled in March at the 87th Geneva International Motor Show. The 87th Geneva International Motor Show holds in Switzerland from March 7 to March 19, 2017. Eclipse, according to a statement issued in Tokyo, Japan, derives its ...
Read More »Volvo Cars reports 66% operating profit increase in 2016
Volvo Cars has reported a robust 66 per cent increase in operating profit in 2016 to SEK11bn (~R16.67bn), compared to SEK6.6bn (~R10 bn) in 2015, as global sales hit a new record of 534 332 cars. Net revenue for the period increased 10 per cent to SEK180.7bn (~R273.87bn) compared to ...
Read More »Sierra Leone Road Safety Authority applauds Nigeria for support
The Chief Executive Officer of the Sierra Leone Road Safety Authority (SLRSA), Dr. (Mrs.) Sarah Bendu, has applauded the Nigerian Government and Management of the Federal Road Safety Corps (FRSC) for the bilateral, moral and technical assistance the nation and the FRSC have rendered to her country for the development ...
Read More »Nissan grows 2016 sales on solid product demand in the US, China and Western Europe
Solid product demand in the US, China and Western Europe as well as the continued benefits of Nissan’s strict cost controls and synergies from its Alliance strategy boosted the 2016 sales record of the auto giant, according to the financial results for the nine-month period to December 31, 2016 released ...
Read More »Weststar flaunts cutting-edge features of the 2017 Mercedes-Benz E-Class
Weststar Associates Limited, sole general distributor of Mercedes-Benz in Nigeria, has announced the arrival of the 2017 Mercedes-Benz E-Class in the country even as it flaunts the cutting-edge features of the luxury sports sedan. The compelling features of the new luxury sports sedan, according to Weststar, are a good proof ...
Read More »South Africa’s auto component manufacturers explore potential in Nigerian market
South Africa’s automotive component manufacturers, operating under the aegis of National Association of Automotive Components and Allied Manufacturers (NAACAM), have restated their determination to support automotive manufacturing in Africa with initial focus on Nigeria, Kenya, Algeria and Ethiopia. Representatives of NAACAM who paid a visit to Nigeria’s commercial capital, Lagos ...
Read More »Heritage Bank repositions for improved performance
Heritage Bank Plc., Nigeria’s leading financial services provider, said it has restructured its operations in a bid to enhance greater efficiency and resource optimisation in line with its growth and industry innovative agenda designed to strengthen its business across all markets where it operates. A statement from the bank signed ...
Read More »2017 Consumer Guide Automotive Best Buy Award for Hyundai Santa Fe and Santa Fe Sport
The 2017 Consumer Guide® Automotive Best Buy Award has been given to the 2017 Hyundai Santa Fe and Santa Fe Sport in their respective categories. The duo of Santa Fe and Santa Fe Sport received the award for the midsize crossover/SUV class, competing with 16 other models. For ...
Read More »U.S. News & World Report names Hyundai Sonata ‘Best Car for the Money’
The U.S. News & World Report has named the 2017 Hyundai Sonata the “Best Midsize Car for the Money,” making this the second time and three years a Hyundai vehicle has won the award. The Sonata’s nomination was shared by 18 other foreign and domestic midsize sedans in one of the industry’s most competitive ...
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