‘How to own a car through vehicle financing’
Despite the average price of used cars in Africa standing at $5,000 (almost three times the current GDP per capita of $1,720), with credit penetration in the auto market
‘Lockdowns have improved Nigerian air quality, others’
With many factories and businesses closed, combined with fewer cars on the road and planes in the sky, the natural environment is recovering slowly
World's First 3D Printed Hyper Car To Sell For $1.7million
The world's first 3D printed hypercar has been produced and it is called the Czinger 21C. According to a report by DailyMail, just 80 will be made with each one commanding a purchase price of $1.7million. Built at Czinger vehicles' hi-tech premises in Los Angeles, the 3D hypercar was manufactured using cutting-edge revolutionary technology tools and is…
Global automotive aftermarket CAGR to grow by four per cent
The global automotive aftermarket size was valued at $378.4 billion in 2019 and is expected to register a Compound annual growth rate (CAGR) of 4.0 per cent from 2020 to 2027
Tech operators provide tailor-made solutions for connected cars
Technology operators in the automobile industry have provided integrated solutions to suit manufacturers’ growing demand for scalability and flexibility which supports connected vehicle service.
Innoson Vehicles gaining momentum despite challenges, says Chukuma
Group Chairman and Chief Executive Officer of Innoson Vehicles Manufacturing Co. Ltd, the first indigenous vehicle manufacturing plant in Nigeria, Chief Innocent Ifediaso Chukwuma, spoke on how he has been able to weather the storm in the industry and the prospects.
Nigerians sue Senate over N6b cars for members
Some 6,721 concerned Nigerians, including the Socio-Economic Rights and Accountability Project (SERAP), BudgIT and Enough is Enough (EiE), at the weekend initiated action at the Federal High Court, Ikoyi, Lagos against the ninth Senate over plan to spend N5.550 billion on vehicles for its principal officers.
‘Why Nigeria must stop used cars from China’
The Federal Government has been urged to halt the dumping of used cars from China to save the local auto industry. The Chairman, Motor Vehicles & Miscellaneous Assembly Sectoral Group of the Manufacturers Association of Nigeria (MAN), Dr. David Obi, said the “Chinese gift” was not only shocking but would also amount to opening the floodgates for used vehicles to submerge the local industry.
Jennifer Lopez Gives Alex Rodriguez A Vintage Car For His Birthday
Jennifer Lopez Gives Alex Rodriguez a Vintage Car for His Birthday. Rodriguez shared a photo of his present, a vintage blue Ford Bronco, on Instagram. He also shared a clip of him and J.Lo cruising around in his birthday present. They were blaring Cardi B's hit song, "Money." The couple seemingly has a thing for…
Mercedes-Benz sales hit 1,134,729 in six months
Mercedes-Benz has sold 1,134,729 cars from January to June this year. According to Daimler AG, the firm responsible for Mercedes-Benz Cars sales, the brand continues to be the leader among the premium car brands in a highly competitive environment worldwide, despite ongoing model changes.
Religion from the Nigerian perspective
Two athletes, one African and one British, were interviewed after the successful conclusion of their respective events. The African who had won an event attributed her success to the grace of God. “He touched my limbs, I could not have done it without him.” The British athlete, on the other hand, gave substantial credit to her coach…
Mexico must crack down on border crossings or face car tariffs
President Donald Trump on Thursday threatened to impose car import tariffs on Mexico if it doesn't do more to stop the flow of undocumented migrants and drug smuggling at the US border. "If Mexico doesn't give the help, that's OK, we're going to tariff their cars," Trump said at the White House. "I will do…