Category: Autos
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Expert forecasts Nigeria auto industry growth for 2018
The Nigerian auto industry has been forecasted to grow by about five per cent next year after the market closed with a drop of 48 per cent in the third quarter of this year. The Managing Director of Toyota Nigeria Limited, Mr Kunle Ade-Ojo, gave the forecast at the company’s quarterly review of the nation’s…
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SEE PICTURES of Senator Dino Melaye’s cars that are turning the social media upside down
The Senator representing Kogi West in the Nigerian Senate, Senator Dino Melaye, has taken to social media to display his array of cars that are presently the buzz of the social media. The Senator who is presently facing a recall saga, took to Instagram to share these mindblowing pictures of his ultra-expensive cars. “My Classics,”…
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LASG wants automobile technicians to embrace use of ICT
The Lagos State Ministry of Transportation has urged members of the National Automobile Technicians Association (NATA) in Lagos to embrace the use of information technology in their workshops. Mr. Akinola Johnson, the Director, Transport Operations, gave the advice in an interview with newsmen on the sidelines of the election of new executives of NATA in…
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All new Jaguar Land Rover cars to have electric option from 2020
All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain’s biggest carmaker said on Thursday as it speeds up plans to electrify its model range. Last year the company, owned by India’s Tata Motors, said it would offer greener versions of half of its new line-up by…
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Honda Accord owners at serious risk of fire
Owners of Honda Accord cars are at serious risks of fire as Japanese car manufacturing firm, Honda, has announced on Thursday after receiving multiple reports of the cars’ battery sensors causing fires in the engine, CNN reports. As a result, Honda has said it would recall nearly 1.2 million Accord vehicles produced between 2013 and…
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Electric cars: Volvo takes steps forward
Volvo Cars, the premium car maker, has announced that every Volvo it launches from 2019 will have an electric motor, marking the historic end of cars that only have an internal combustion engine (ICE) and placing electrification at the core of its future business. “This is about the customer,” Volvo’s President and Chief Executive Officer,…
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Heads roll as Uber gets tough on sexual harassment
The housecleaning at Uber Technologies Inc. is just getting under way, as the ride hailing firm has fired more than 20 people after a company-wide investigation into harassment claims. Given the development, Uber has hired at least two high-profile senior executives whose job will be to set strategy and rethink branding. Law firm Perkins Coie…
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Renault shut several French factories after WannaCry ransomware cyberattack
As the massive WannaCry ransomware attack spread to over 100 countries, French automaker, Renault has halted production in several of its factories on Saturday, according to the firm’s spokesperson. Speaking to Automotive News, the spokesperson confirmed that the company shut down production in its Sandouville factory, saying that “proactive measures have been put in place,…
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Japanese auto firm worried over newly elected France President Macron
French President-elect Emmanuel Macron has a rocky history with Carlos Ghosn, Chief Executive of Renault SA and chairman of two Japanese automakers, having clashed over government involvement in the management of the French firm. Following Macron’s election victory on Sunday, some analysts speculated that if a rivalry grows between the new French leader and Ghosn…
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Nokia continues decline, reports another loss
Finland’s telecoms giant Nokia reported Thursday that it remained deep in the red at the start of the year, with sales in its main business, networks, on the decline. The company posted a loss of 488 million euros ($532 million) in the first quarter, an improvement from the 609 million euros a year earlier, prompting…