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SEGMENT ANALYSIS

Macan, Panamera boost growth as Porsche reports most successful first half year in history

Porsche has recorded its most successful first half year in history, reporting an upwards trend in the first six months of 2017. With 126,497 vehicles delivered worldwide, Porsche said in a statement issued in Dubai that it exceeded the record figure from the previous year by seven per cent in ...

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Toyota moves to assemble Fortuner in Egypt, inaugurates $8.5million production line

Toyota is making good its promise to assemble the 2017 Toyota Fortuner in Egypt as Toyota Egypt, on Monday, inaugurated a $8.5million Toyota Fortuner production line, Enterprise, an Egyptian online business news platform, reported on Tuesday. Quoting Daily News Egypt, Enterprise said Toyota Egypt’s CEO, Ahmed Monsef,  disclosed at the ...

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Volkswagen’s Problem Solving Programme Excites as Teams Showcase Skills

Volkswagen Group South Africa (VWSA) has showcased the gains of its Problem Solving Team Programme as the programme has,  over the past six years,  improved work times and ergonomics resulting in financial savings.  Introduced in 2011, the programme is a tool that encourages employees to look at their work environment ...

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Heritage Bank Staff Not Involved in alleged N150m Fraud – Management

Heritage Bank has refuted a media report by an online news portal purportedly linking its staff to a fraud allegedly perpetrated in collusion with some MTN staff.  In a statement issued in Lagos on Tuesday, the Bank said: “Our attention has been brought to the report published by an online news ...

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Acting President Osinbajo: Collapsed Mokwa-Jebba bridge to be repaired within two weeks

Acting President of Nigeria, Prof.  Yemi Osinbajo,  on Monday, visited the collapsed Mokwa-Jebba Bridge in Niger State for an on-the-spot assessment of the damage where he promised that the bridge would be repaired within two weeks. He was accompanied by Niger State Governor Alhaji Abubakar Sani Bello and Minister of Power, ...

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BMW holds National Media Launch for the new 4 Series in South Africa

The BMW Group South Africa last week held a national media launch for the new BMW 4  Series Range in Mpumalanga, South Africa. At the media briefing for the launch, Edward Makwana, Group Product Communication Manager for the BMW Group South Africa and Sub-Sahara Africa Region, gave a brief introduction ...

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Renault rolls 1,000,000th vehicle off Tangier,Morocco plant

  Renault has marked another milestone; and this time at the Renault-Nissan plant in Tangier, Morocco where it recently rolled the one millionth vehicle, a five-seat, Azurite Blue Dacia Lodgy, powered by a diesel engine, off the plant. The car, according to Renault, was sold to a customer in Turkey. ...

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Toyota rolls out completely redesigned Camry in Japan

 Toyota Motor Corporation (TMC) has launched its completely redesigned Camry in Japan and has announced the commencement of its sales at all Toyopet, Toyota Corolla and Netz dealerships (including Tokyo Toyota dealerships) across the country. Featuring a bold character and beautiful design that enhance the thrill of driving, the redesigned Camry ...

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Excitement at Jaguar Land Rover Solihull plant as the World Car of the Year UK Jurors present awards

There was great excitement recently at the Solihull assembly plant of Jaguar Land Rover as the World Car of the Year UK Jurors visited the facility where the best and most beautiful car in the world, Jaguar F-PACE,  is built. The jurors were in Solihull to congratulate the workforce and ...

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Egypt moves to revive Automotive Directive, to hire German consultant to resolve knotty issues

Egypt appears set to revive a stalled legislation, tagged the Automotive Directive, aimed at encouraging local assemblers to move further up the value chain into manufacturing, according to a report by Enterprise, an Egyptian online business platform. The report, which also quoted Youm7, said the country’s Trade Minister Tarek Kabil, ...

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