Technology focused on charging electric vehicles while they are moving, not standing still The Economist -More than half a dozen large carmakers, including Audi, Ford and Volvo, are soon expected to begin selling electric vehicles (EVs) that can be charged wirelessly. For between $2,500 and $4,000,
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Investments weigh on BMW profit as it strives to regain industry lead
Toyota forecasts tough outlook for U.S. sales, yen boost to overall profit
TOKYO (Reuters) - Toyota Motor Corp upgraded its full-year operating profit forecast by 8 percent on expectations of a weaker yen but flagged a dour outlook for North America, its biggest market, where quarterly sales fell to the lowest in nearly three years. The automaker is struggling to sell more cars
Lagos to demolish bridges to make way for New regional railway lines
Costain bridge Lagos, marked for demolition Lagos (NAN) - Nigeria's Minister of Transportation, Rotimi Amaechi, said on Monday that the laying of tracks of Lagos-Ibadan standard gauge rail line would start in December. He also said that Jibowu and Costain bridges in Lagos would be demolished to give way for the new railway
Nissan resumes some production amid scandal, fresh wrongdoing found
The logo of Nissan Motor Co is pictured at a showroom at the carmaker's headquarters in Yokohama, Japan May 11, 2017. REUTERS/Toru Hanai TOKYO (Reuters) - Nissan Motor Co Ltd resumed on Tuesday most of the domestic car production that had been suspended in the wake of a scandal over uncertified technicians
Carmakers plan 400 Europe car charging stations by 2020
FRANKFURT (Reuters) - A group of mainly German carmakers will open ultra-fast electric vehicle charging stations this year and plans a pan-European network of 400 by 2020, hoping to narrow Tesla’s lead. News about the initiative first flagged a year ago, had been long anticipated as governments push for improvements in
Chambers of Commerce Calls for Review of Vehicle Import Duty
Lagos Chamber of Commerce and Industry has called for an immediate review of the nation’s automotive policy, urging the Federal Government to slash the import duty of 70 percent on new vehicles to 35 percent in order to make the vehicles affordable. The Director-General, LCCI, Mr. Muda Yusuf, also said in
Hyundai Nigeria Motors Begins 30-Day Discount Service
2017 Hyundai Santa-Fe sport Lagos - Hyundai Motors Nigeria Limited (HMNL) has announced a comprehensive 30-day discounted service campaign, beginning from 01 November 2017 for owners and fleet managers of Hyundai cars including Hyundai Commercial Vehicles. A statement by the company said the campaign, which is tagged ‘Before service clinic’, is absolutely
BMW recalling 1 million vehicles in North America
Heavy-Duty Commercial Truck Orders in North America Soared in October
Orders for heavy-duty commercial trucks in North America soared in October, reaching the highest level in nearly three years as carriers riding a strong freight market stepped up plans to upgrade or expand their fleets. Trucking companies last month ordered 36,200 Class 8 trucks, the big rigs that haul much of