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SEGMENT ANALYSIS

Toyota delivers fuel cell bus to Tokyo Metropolitan Government

  Toyota City, Japan, February 24, 2017―Toyota Motor Corporation delivered the first fuel cell bus (FC bus) sold under the Toyota brand to the Bureau of Transportation of the Tokyo Metropolitan Government. This FC bus (model name: Toyota FC Bus) will be put into operation as a Toei route bus ...

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Toyota introduces new exhaust purifying catalyst

Toyota has introduced a new and smaller catalyst which is now available in commercial quantities. The carmaker said  the new catalyst uses 20 percent less precious metal in approximately 20 percent less volume, while maintaining the same exhaust gas purification performance. The design, according to Toyota,  is the world’s first ...

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Weststar reveals latest Mercedes-Benz models at Lagos showroom

          Weststar Associates Limited, authorised general distributor of Mercedes-Benz,Chrysler, Jeep, Dodge and RAM vehicles in Nigeria, Wednesday, presented four new Mercedes-Benz models to the media  at its Mercedes-Benz Centre Lagos showroom, saying the latest models  are readily available for sale to lovers and patrons of the ...

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EFCC recovers 17 vehicles from Ex-Customs boss, Inde

Nigeria’s anti-graft agency, Economic and Financial Crimes Commission (EFCC), said Wednesday that  it has recovered 17 “exotic vehicles’’ in a warehouse belonging to a former Comptroller-General of Customs, Abdullahi Dikko Inde. Head, Media and Publicity of the commission, Mr. Wilson Uwujaren, said the vehicles were recovered from Inde’s residence located ...

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JLR unveils Range Rover Velar March 1

Jaguar Land Rover (JLR) , Wednesday, announced the introduction of the fourth member of the Range Rover family, the Range Rover Velar, scheduled to be unveiled on March 1, 2017. Though details of the new luxury SUV had yet to be revealed, JLV said the new addition was created in 1970 ...

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Nissan CEO Carlos Ghosn steps down as carmaker names Saikawa new helmsman

Japan’s second biggest automaker, Nissan Motor Corporation, Thursday announced that its 62-year-old long-serving CEO, Carlos Ghosn,would be stepping down as CEO with effect from April 1, according to Automotive New Europe. The company however said Ghosn, who assisted Nissan out of bankruptcy and drove the Renault-Nissan Alliance to enviable heights ...

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Stallion rolls out made-in-Nigeria Hyundai Grand Xcent sedans

Stallion Hyundai Motors Nigeria Limited said it has rolled out made-in-Nigeria B-segment Hyundai Grand Xcent family sedans to cater for the growing demand for functional cars and cushion the effects of last year’s ban on the importation of used vehicles into Nigeria through the land borders. The company said the  ...

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Maduka, Coscharis boss , named ‘Investor of the Year’

Another honor has come the way of  Dr. Cosmas Maduka, President and CEO of Coscharis Group, one of Nigeria’s leading conglomerates, as he has been recognised as the numero uno ‘Investor of the Year’ in Nigeria during the 2017 Sun Award ceremony held recently in Lagos. The award was given in recognition ...

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Mitsubishi Outlander gets a face-lift

Mitsubishi has given its popular crossover SUV, the Outlander,  a makeover giving it a fresh new look along with some interior upgrades. The Outlander is one of the  favourite luxury lifestyle vehicles and the recent updates make it an even more attractive package than before.There is no doubt that the ...

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Mahindra’s SUV – TUV300 – launches in South Africa

Mahindra’s tough and stylish SUV, TUV 300, manufactured at Mahindra’s world-class production facility in Chakan, Maharashtra, India, was on Monday launched into the South African market. Easily conquering the road less travelled, yet offering  a singular combination of comfort, convenience, performance and value, the new Mahindra TUV3OO, according to the ...

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