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Auto Report Africa

How Toyota plans to confront COVID-19 crisis – Akio Toyoda

  “Hello everyone. “Today, based on our financial results and forecast, I would like to share with you my thoughts on how Toyota intends to confront the COVID-19 crisis. “Since my appointment as president in 2009, Toyota has faced numerous crises. In overcoming them, I believe that our company has ...

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Toyota reports increase in net income for Q1, claims 24.2% market share in SA

  Toyota Motor Corporation (TMC) – the parent company of Toyota South Africa Motors (TSAM) – Tuesday, reports an increase in its net income for the first quarter of 2020 even as it claimed 24.2 per cent of the local market share in South Africa with 130, 072 vehicles sold in the ...

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Bitcoin halving highlights crypto is part of mainstream finance – deVere CEO

  Bitcoin’s historic halving event on Monday underscores that the “long-term future of cryptocurrencies is secure”, says the CEO and founder of one of the world’s largest independent financial advisory organisations. The comments from deVere Group’s Nigel Green come as the world’s supply of Bitcoin was forever slashed on Monday. The ...

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COVID-19: SON undertakes quality assurance inspections in Abia, Rivers

  Standards Organisation of Nigeria (SON) has undertaken quality assurance inspection of mass production of barrier masks in Abia and Rivers States. The exercise was in continuation of its technical support to local manufacturers in the production of essential materials to fight the coronavirus pandemic in the country. At the ...

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‘Made in Germany’

LIQUI MOLY Managing Director Ernst Prost on the promise of quality from Germany. In this letter, the CEO of the German oil and additive specialist, explains to his colleagues that ‘Made in Germany’ at LIQUI MOLY not only stands for top quality, but also for humanity and helpfulness. These, according to him, ...

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Want2race, UK’s leading track day and driving experience firm,  expands into new home

Want2race, UK’s leading track day and premium driving experience company, said on Monday that, driven by its continued expansion and growth, it would be moving  to state-of-the-art new facilities near Leeds from July 1st. W2R’s new home on the LNT Group campus not only accommodates the company’s success and continued ...

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Taking care of your tyres during and after COVID-19 lockdown

With the COVID-19 lockdown well underway, you would be forgiven for not having given the condition of your vehicle’s tyres a second thought. If you are not an essential worker and required to leave home for work, it is unlikely you are taking the road very often. As a result, ...

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KIA Motors gifts K2700 to Madrassah Ashraful Uloom in Marlboro for Alexandra community

  KIA Motors South Africa, a subsidiary of Motus Corporation, has donated a KIA K2700 light commercial vehicle to the Madrassah Ashraful Uloom in Marlboro, Johannesburg. The vehicle is to assist the organisation in delivering food and other essentials to the vulnerable community of Alexandra and environs during the Covid-19 ...

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COVID-19: SMEs’ partnership, rigorous commitment, key to sustainable economic growth – Sekibo

  The MD/CEO, Heritage Bank Plc, Ifie Sekibo, has stated that with partnership, truth, character and rigorous commitment to businesses,  micro, small and medium enterprises (MSMEs) stand to revamp the nation’s economy for sustainable growth. This, according to him, is in light of the sharp dwindling of the global economy occasioned by ...

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‘Corona under control or under the control of corona?’

LIQUI MOLY Managing Director Ernst Prost speaks on economic recovery. In this letter, the CEO of the German oil and additive specialist explains to his colleagues that reviving the economy is a task for the society as a whole even as he maintains that providing companies with permanent life support ...

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