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Yearly Archives: 2018

Vehicle Franchisees, Manufacturers Panic as Sales Stagnate

(By Manny Philipson) The persistent decline in sales volume of new vehicles year-on-year could prompt fresh round of rationalisation and unprecedented upsurge in the price of new automobiles, stakeholders have warned. They are worried that the combined new vehicle deliveries have continued to plunge, from more than 50, 000 units ...

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Hyundai Motor Partners Aurora to Develop Level 4 Autonomous Vehicles By 2021

      Hyundai Motor Company and Aurora, a leader in autonomous vehicle technology, Thursday announced a strategic partnership to bring self-driving Hyundai vehicles to market by 2021. This partnership, according to a statement,  will incorporate Aurora’s self-driving technology into Hyundai vehicles starting with models custom-developed and launched in test ...

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Nigeria: No Plan to Increase Petrol Price, Minister Reaffirms   

   The Nigerian Government moved swiftly, Thursday night , to reaffirm that there was no plan to increase the pump price of petrol currently fixed at N145 per litre. Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu, reaffirmed this in a statement issued  by  the Director of Press in the ministry, ...

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Nissan Flaunts Another First, Takes Brain-to-Vehicle Technology To CES 2018

Flaunting another first in intelligent mobility, Nissan said on Wednesday that it will storm the CES 2018 trade show in Las Vegas, USA with a demonstration of its newly-unveiled exclusive technology that will enable vehicles to interpret signals from the driver’s brain, thus redefining how people interact with their cars. ...

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Husqvarna Motorcycles Signs Global Partnership Deal With MOTOREX Lubricants

As partnerships between automobile manufacturers and lubricants producers keep gaining currency across the world , Austria-based motorcycles manufacturers, Husqvarna , has announced a strategic global partnership deal with Swiss lube producer, Bucher AG Motorex, according to F+L Daily . Husqvarna Motorcycles is very popular in the Southern African market. F+L ...

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Kia’s All-Electric Concept Car For CES 2018

          Kia Motors said on Thursday that it will unveil its new all-electric concept car and present the brand’s vision for future mobility at the 2018 Consumer Electronics Show (CES). The unveiling, according to Kia Motors,  will be done during the Kia press conference scheduled for January 8, ...

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Nigerian Army Okays Innoson Vehicles, Orders Immediate Supply of 100 Units for Military Operations

      The Nigerian Army Tuesday in Abuja expressed full confidence in the vehicles produced by local automaker, Innoson Vehicles Manufacturing Company (IVM), as it  ordered the immediate supply of 100 units of Innoson vehicles as well as other appropriate gears, engines and chassis required for immediate modifications and ...

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15 Exciting Nissan Models For Tokyo Auto Salon 2018

    Fifteen exciting Nissan models equipped with the latest custom and after-market parts will be showcased at the Tokyo Auto Salon 2018, scheduled to hold in the Japanese capital from Jan. 12-14. A statement from the Japanese carmaker said the broad range of models, which showcases Nissan’s world of ...

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Kia Motors Posts Global Sales of 226,842 Vehicles in December

Kia Motors Corporation said Tuesday it sold a total of 226,842 vehicles globally in December 2017 comprising of passenger cars, recreational vehicles (RVs) and commercial vehicles, .  A statement issued in Seoul said in  December, sales in Korea slid 6.2% compared with the same month last year, totaling 46,502 units ...

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