GM Detroit Hamtramck Assembly Line DETROIT/WASHINGTON (Reuters) - General Motors Co said on Thursday it plans to scale back production at an assembly plant in Detroit starting later this month as it tries to deal with declining U.S. sedan sales. GM said in a statement that effective Oct. 20 its Detroit-Hamtramck plant
Author: Tola Ojobo
American Pickup truck buyers want more luxury
Heated and cooled seats. Backup cameras. Panoramic glass roofs. Not exactly what springs to mind when you think of a pickup. But that's what American truck buyers increasingly want, spending an average of $46,844 on a pickup, according to Kelley Blue Book. That's more than the starting price of luxury SUVs
Volkswagen Cost-cutting shrinks dealer network, launches online sales
Automobiles for sale are seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam MUNICH (Reuters) - Volkswagen plans to shrink its European dealer network and introduce online sales as the cost-cutting automaker adjusts to changing purchasing habits in the digital age. Volkswagen (VW) aims to increase profitability and
Uber says giving UK drivers worker rights would cost tens of millions of pounds
People take part in a protest against Uber and in favour of labour rights in central London, Britain, September 27, 2017. REUTERS/Mary Turner LONDON (Reuters) - Uber said on Tuesday that treating its British drivers as workers, entitling them to rights such as the minimum wage and holiday pay, would add
Red Star Express – 25 Years Of Delivering Peace Of Mind…2
Activities to celebrate the 25th anniversary of Red Star Express Plc kicked off in grand style at the Head Office on July 11, 2017 when the GMD, Sola Obabori unveiled the fabricated 3D version of the above 25th-anniversary logo. Since October 1992 when the name, Red Star Express, became synonymous with
Costco Unveils Two E-Commerce Delivery Services in Hopes of Fighting Amazon
A man enters a Costco Wholesale Corp. store in Louisville, Kentucky, U.S., on Thursday, May 29, 2014. Costco Wholesale Corp., the largest U.S. warehouse-club chain, posted fiscal third-quarter profit that missed analysts' estimates even as comparable sales gained 6 percent. Photographer: Luke Sharrett/Bloomberg The move should reduce pressure from Amazon and
Belgian Bpost acquires U.S-based E-commerce logistics firm, Radial, in a $820 million deal
bpost announces today the acquisition of US-based company Radial, to expand offerings and accelerate thedevelopment of bpost's e-commerce logistics solutions, in deal valued at $820 million. The acquisition leverages Radial's e-commerce service,expertise and scale with bpost to provide an industry-leading cross-border value proposition for its customers in Europe and North America. Bpost, a Belgian company that provides mail and parcel services, while Radial is a privately-owned company that provides
Bombardier’s new Global 7000 makes trade show debut
An aerial view of Bombardier's new Global 7000 business jet is seen during the National Business Aviation Association conference and expo at the Henderson Executive Airport in Henderson, Nevada, U.S., October 8, 2017. REUTERS/David Becker MONTREAL (Reuters) - Bombardier Inc’s largest business jet is making its debut on Sunday in Las
Lagos airport handled 691,934 outbound passengers in 6 months
Lagos - Reports have emerged that a total of 691,934 travelers departed Nigeria through the Murtala Muhammed International Airport (MMIA), Lagos in the first half of 2017, while another 560,988 arrived the country within the period under review. According to a document released by Nigeria's Ministry of Interior made available to
Foreign firms, local Tycoons jostle for the Concession of Nigeria’s Lagos, Abuja airports
Indications have emerged that companies owned by top Nigerian tycoons and some foreign firms from Europe have shown interest in running the Murtala Muhammed International Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja. Top government officials, who are privy to the airport concession arrangement, told the Punch newspaper that companies