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Auto Report Africa

All-New Mitsubishi XPANDER CROSS Launches in Vietnam, Coming to Africa Soon

  Mitsubishi has launched its  all-new crossover, XPANDER CROSS,  into the Vietnamese market,  following the launches in Indonesia in November 2019, as well as in the Philippines and Thailand in March 2020. The XPANDER CROSS is the top variant of the Mitsubishi XPANDER, which is the best-selling small multi-purpose vehicle ...

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Just Recovery: Support people, not polluters, Activists tell EU Central Bank Governors, Finance Ministers, G20 Leaders

    Climate activists around the world, earlier in the week, embarked on a series of rallies to mobilise demand for a Just Recovery from the Covid-19 pandemic ahead of two important meetings, this weekend, that are being attended by the wealthiest governments and finance decision-makers.   The heads of EU-states are ...

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Covid-19: a new dawn for impact investing in emerging economies?

  While global investment is expected to fall sharply this year as a result of the coronavirus pandemic, impact investment – the funding of projects that generate a positive social or environmental impact, as well as a financial return – is tipped to hold relatively steady, and could play a ...

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Severe crisis

  LIQUI MOLY Managing Director Ernst Prost on how the industry is dealing with the pandemic                       In today’s newsletter to his colleagues, Ernst Prost, Managing Director of the oil and additive specialist, LIQUI MOLY, describes the various effects of the Covid-19 ...

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REE Automotive wins 2020 BloombergNEF Pioneer Award

  REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award.   REE has been named as one of ten game-changing companies by Bloomberg – the global business and financial information news leader – for its breakthrough EV platform, which is completely flat, scalable and modular ...

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Hyundai KONA Electric hits 100,000 global sales milestone

    KONA Electric, Hyundai’s full electric compact SUV, has surpassed the 100,000 global sales milestone. Cumulative sales of KONA Electric reached 103,719 units as of June 30—just over two years after its launch in March 2018. Sales outside of its home market Korea accounted for more than three quarters ...

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Commonwealth leaders rally support to fight COVID-19 pandemic

Commonwealth leaders from all 54 member states Thursday issued a joint statement on the COVID-19 pandemic and steps that member states are taking to fight the pandemic and to work together in support of each other and broader global efforts. Speaking on the release of the Statement, Secretary-General of the ...

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Nissan unveils all-new Ariya, plans to roll out 12 new models in 18 months

  All-electric crossover SUV makes its global debut, sporting new logo that conveys the brand’s rich heritage and evolution Nissan on Tuesday unveiled the all-new Ariya thus setting the pace for the automaker’s plan to roll out 12 new models in 18 months. The global premiere also marks a milestone in the Nissan ...

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FCA, Groupe PSA adopt Stellantis as corporate name ahead 2021 merger completion

  Ahead of the Q1 2021 date for the  completion of their 50:50 merger as defined in the Combination Agreement announced on 18 December 2019, Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) Wednesday adopted Stellantis as the corporate name of the new group. According to an official ...

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