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Auto Report Africa

GENERAL MOTORS DISTRIBUTOR, MAC GHANA, WAXES STRONGER

Since it officially opened its doors as the new authorised dealer for Chevrolet and Isuzu vehicles in Ghana last November, MAC Ghana has continued to wax stronger in the country’s automotive sector. Situated in Accra, the Ghanaian capital, MAC Ghana is geared to provide the Ghanaian market with the global ...

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GM TO SELL USED CARS THROUGH NEW ONLINE PLATFORM

General Motors said it would soon be selling some of its used cars online to the general public in the U.S. Through a new website set to launch in February called the Factory Pre-Owned Collection, the automaker said it will sell low-mileage GM lease daily rental and company-owned vehicles. GM chairman and ...

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VOLVO BREAKS 89-YEAR RECORD, REPORTS GLOBAL SALES OF 503,127 UNITS IN 2015

 Volvo Cars said on Wednesday that it sold 503,127 vehicles in 2015, stressing that it was the first time it has sold more than half a million cars in its 89-year history. The new sales record, according to a statement , underscores the strength and sustainability of Volvo’s ongoing operational ...

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DE VILLIERS/VON ZITZEWITZ MOVE UP INTO THIRD OVERALL OF DAKAR 2016

Stage 10 of Dakar 2016 brought the fearsome dunes of the Catamarca near the town of Fiambalá properly into play, as a number of the top crews faltered under the relentless South American sun. For Toyota Gazoo Racing SA, it was again a day where the gods of the Dakar ...

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DRAMA AS STAGE 9 OF DAKAR 2016 IS SHORTENED

With four more stages to go, extremely hot temperatures, reaching nearly 50 degrees Celsius, plagued Stage 9 of the 2016 Dakar Rally on Wednesday. As a result, the stage was shortened to just 90 km for the cars and trucks, while the motorcycles completed the full 285 km-long route. For ...

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GM INCREASES EARNINGS OUTLOOK FOR 2016, ANNOUNCES INCREASED RETURNS TO SHAREHOLDERS

 General Motors Co. Wednesday announced an increase to its 2016 earnings per share adjusted outlook to between $5.25 and $5.75, up from the prior outlook of $5.00 to $5.50 provided on Oct. 1, 2015. The company also expects improved EBIT-adjusted, EBIT-adjusted margin and automotive adjusted free cash flow. Based on ...

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NEW VOLVO S90 MAKES FIRST PUBLIC APPEARANCE AT NAIAS

Volvo Cars on Wednesday chose the North American International Auto Show (NAIAS) in Detroit to launch its new signature premium sedan, the S90, underscoring its long term commitment to the US market and providing a clear sign of its confidence in continued sales growth in the coming year. Volvo sales ...

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AMCON SEEKS INVESTORS FOR MAJORITY STAKE IN PAN, CLOSES BIDS JAN 26

Asset Management Corporation of Nigeria (AMCON) said on Tuesday that it was planning to offload its majority stake in Peugeot Automobile Nigeria (PAN) Limited, a local joint venture with the major French automaker, Peugeot Citroen, and was seeking investors with experience in automobile manufacturing to buy the stake on offer. ...

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FORD, LINCOLN INTRODUCE NEW LEASE PILOT PROGRAMMES

Vehicle sharing programmes are gaining popularity these days, and now the Blue Oval is joining the pack. Through the new Ford Motor Credit Co. leasing pilot programme, families and small groups of friends and neighbours can now share a Ford vehicle, the automaker announced on Monday. Ford Credit Link — which ...

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PENTON ACQUIRES TU-AUTOMOTIVE

TU-Automotive has announced that it has been acquired by Penton, an innovative information services company, in a move that strengthens both Penton and TU-Automotive’s position as the market leading provider of events and digital information for the fast growing automotive technology and Internet of Things (IoT) segments, according to a ...

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