Naira depreciation causes 60.8% decline in vehicle imports in H1 2024
The importation of vehicles into Nigeria declined by 60.8% year-on-year to 10,991 units in the first half of 2024. This...
The importation of vehicles into Nigeria declined by 60.8% year-on-year to 10,991 units in the first half of 2024. This...
Bentley Motors has reported its financial results for the first half of 2024, revealing an operating profit of €261 million...
Nissan has decided to cut planned production by a third at its Kyushu plant in southwest Japan this month, reducing...
Toyota Motor Corporation, the world's leading automaker, is planning to build a new battery plant for electric vehicles (EVs) in...
Mercedes-Benz has lowered its annual profit margin forecast following a challenging second quarter, marked by weak sales and earnings. The...
Mitsubishi Motors is set to join the Honda-Nissan alliance, forming a powerful collaboration between Japan’s leading automakers. This partnership, combining...
Elon Musk, CEO of Tesla, has announced plans to discuss a $5 billion investment in his artificial intelligence startup, xAI,...
Forvia, the world's seventh-largest car parts supplier, has announced its plan to extend its partnership with Chinese battery specialist and...
General Motors (GM) has announced a shift in its self-driving vehicle strategy, placing the futuristic Cruise Origin vehicle on indefinite...
Toyota Motor Corporation announced on Tuesday its plan to initiate a tender offer worth 807 billion yen ($5.16 billion) to...
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