Pretty soon your Lyft driver may be picking you up in an Avis rental car. Avis Budget Group on Monday will announce a partnership with the ride-sharing service to let Lyft drivers reserve a car from Avis directly through the Lyft app. The joint venture marks the latest push by Avis to
Year: 2018
BMW apologizes over engine fires caused by hardware problem
2019 BMW X5-3 SUV BMW AG’s Korean unit apologized Monday over engine fires that prompted recalls and a probe, seeking to allay concerns over images of cars engulfed in flames. BMW Korea Chairman Kim Hyo-Joon said the German carmaker will fully cooperate with the transport ministry’s investigation and complete emergency safety inspections
Lagos Governor Expands Trailer Park Capacity to Over 5,000 to Curb Traffic Gridlock
Lagos - As a way of easing traffic gridlock on the Apapa-Oshodi Expressway and environs, Governor Akinwunmi Ambode of Lagos State, yesterday, disclosed that a 5,000-capacity truck terminal will be constructed in the Ijanikin axis of the state. It will serve as another parking lot for articulated trucks in the state in
Apapa Corridor of Lagos-Ibadan Rail Project Begins Next Week – FG
Lagos - The Federal Government of Nigeria, on Thursday assured that work on the Apapa corridor of the Lagos-Ibadan Rail project would commence next week, according to a report from the Vanguard. At its Wednesday's Federal Executive Council, FEC, meeting, it approved N72.9 billion for the reconstruction of the road from
For Sale: Queen’s Rolls-Royce
Ride like a royal? Queen's car to feature in Rolls-Royce sell-off A collection of rare Rolls-Royces, including vehicles used by Queen Elizabeth II and Princess Diana, is to be auctioned off in the UK. The eight cars are expected to attract combined bids of up to $6.4 million (£4.9 million) when they go
Uber turning off autonomous truck division
A spokesperson told American Shipper the move will not affect Uber Freight, the company’s on-demand trucking unit. Uber Technologies Inc. will shut down its autonomous trucking research unit in an effort to focus on its separate self-driving car division, a company spokesperson has confirmed. The spokesperson for the ride-sharing application provider told American Shipper the move
IAG Cargo Q2 financial results show marginal growth
United Kingdom-based IAG Cargo today, released its financial results for Q2 2018, cargo revenue increased 3.7 percent to €281 million during the three-month period. Revenue growth outpaced cargo volume growth, increasing 0.4 percent year-over-year in Q2, to 1,414 tonnes – symptomatic of the carrier’s strength in 2017, which has made for
Facing U.S. tariff threat, Toyota warns car costs could rise
2018 Toyota Hilux Rogue Rugged and Rugged Australian engineered Tokyo (Reuters) - Toyota Motor Corp on Friday said higher U.S. auto tariffs would ramp up the cost of vehicles produced locally along with those imported to the United States from Japan, which would have a “big impact” on its bottom line. Like its
Red Star Express Records N8.4bn Turnover, To Pay N236 million in dividend
Lagos - Red Star Express Plc has released its audited reports for the financial year which ended March 31, 2018, showing a rise in turnover to N8.4 billion from the N7.3 billion the previous year. The revenue growth was attributed to new business initiatives and expansion currently being driven by the
Truck owners demand compensation over Apapa gridlock
Lagos - Truck owners plying the access roads along Lagos ports have said that they deserve to be compensated for the number of days their trucks spend in queuing in the persistent traffic gridlock while trying to gain entry into the ports. The Chairman, Road Transport Employers Association of Nigeria, Haulage Section, Tin