Archives for MOTORING
BRT,Train Crash: Buhari sympathises with victims
President Muhammadu Buhari, yesterday, expressed sympathy over the accident involving a train and Lagos State BRT staff bus. Reacting to the incident, President Buhari, in a statement by his Senior…
Nissan Unveils New Corporate HQ
Nissan India has inaugurated its new corporate headquarters in Gurugram. The facility is situated in Worldmark Gurugram and will be the carmaker’s hub for sales, marketing, aftersales, finance, human resource, and…
Toyota Scales Back Production By 20% In April, May, June
In a bid to ease the strain on suppliers struggling with shortages of chips and other parts, Toyota Motor Corporation will scale back domestic production by up to 20% during…
VW Profit Soars By 75% $16.8bn in 2021
Volkswagen has recorded as impressive performance as its net profits soared last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars. The German…
Hyundai Motor Seals Deal Quantum Computer On Battery Development
Quantum computer maker, IonQ Incorporated has sealed partnership with Hyundai Motor on the use of quantum computers to develop more effective batteries. A statement explained that…
0ver 3,000 imported vehicles trapped at port as Vreg platform breaks down
Clearing agents and freight forwarders have decried over 3, 000 imported vehicles trapped at the Tin-Can Island Ports Complex, Apapa, due to the collapse of the National Vehicle Registration…
Hyundai Names Unsoo Kim New MD For India
South Korean auto major, Hyundai Motor Company, has approved the appointment of Unsoo Kim as the new Managing Director of its India operations with effect from January 1, 2022. A…