Author Archives: Motoring World

Petrol Fire Engulfs Motorcyclist, Passenger, Passers-by

A motorcyclist and his passenger got engulfed in fire yesterday, following collision with another motorcycle, resulting in petrol spillage on the road. According to account of the Lagos state police command, the incidence, which took place at about 8.30pm yesterday, along Maidan Street, by Ajiliti area of Mile 12, involved a Motorcycle conveying a woman with a gallon of petrol ...

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“My Most Vivid Childhood Memory” – BILL FAY, Toyota Division Group Vice President

Over a 33-year career, Toyota Division Group Vice President and General Manager Bill Fay has seen and done just about everything. But what lessons has he learned about life, professionalism and people? In this interview, Fay did not only reveal how sports experience helped his business career, he also recalled impression his mother had on him as a child and lots more… What’s ...

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It’s the 50th Anniversary of the Cobra Daytona Coupe

Back in 1964, the Cobra was all dominant – except at such high-speed European circuits as Le Mans. Carroll Shelby duly tasked designer Peter Brock with penning a sleeker body and the resulting Cobra Daytona Coupes beat Ferrari to the 1965 FIA Sports Car Championship. Only six cars were constructed in period, which will be assembled for the first time ...

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GM STATEMENT ON CHINESE YUAN DEVALUATION

General Motors issued the following statement (Today) Tuesday on the devaluation of the Chinese Yuan currency. General Motors’ primary approach to managing foreign exchange risk has been to employ a natural hedge by building vehicles for sale in each of our major markets. In China, we believe that this approach, along with a well-established local supply chain, mitigates a majority ...

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Audi Mexico Event Aims to Help North American Suppliers Make Inroads

Audi may be locating its first North American plant in Mexico, but the establishment of the company’s first manufacturing footprint on the continent is meant to expand its relationship with the supplier community in the United States and Canada too. AUDI AG has invited dozens of suppliers and more than 200 people from across North America to its first-ever Supplier Day ...

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Aston Martin Opens New Logistics Facility

Aston Martin  today opened a new warehouse and logistics hub. Created to support the future expansion of the business, the new facility is located at Wellesbourne, close to the company’s headquarters in Gaydon, Warwickshire. Representing a multi-million pound investment, the new development is the largest storage and distribution base in the company’s 102-year history. Aston Martin Manufacturing Operations Director Keith ...

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Autogas Showcases LPG Versatility At Cenex 2015

Autogas Limited, the UK’s leading supplier of LPG fuel, will be showcasing three LPG vehicles at the Cenex low carbon vehicle event, taking place at Millbrook on 9th and 10th September, highlighting the huge variety of businesses and fleets that could benefit from switching to autogas LPG. An autogas-converted Ford Focus showcases the potentially cost- and emissions-saving combination of a ...

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Boulos Dealership Forum: The Show Spices

Last week Tuesday, a first time visitor to Boulos Enterprises at Ogba, Ikeja Lagos, would have one impression: That a Motorbike Exhibition was ongoing. But the day’s event was tagged Motorcycle Dealers Forum.Walking in through the company’s showroom, most visitors instinctively slowed down, because of the two-wheel machines on exhibition. From showroom to the main factory, passers-bye could not but ...

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“FCA REPLAY” WRAPS THE WEEK – Watch video

FCA Replay is a weekly recap of what’s happening at Fiat Chrysler Automobiles. Last  week’s edition includes: FCA’s preliminary second quarter financial results, an increase in July sales for FCA US, a new dyno cell and Jack Beckman wins back-to-back. FCA US LLC is a North American automaker with a new name and a long history. Headquartered in Auburn Hills, Michigan, ...

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Ferrari F40 Sells for 1.12 Million Euro at Auction

A 1992 Ferrari F40 was sold on Saturday night (8th August) for €1.12 million at Coys auction at the 43rd AVD Oldtimer Grand Prix in Nurburgring, Germany. Other notable results include a 1937 BMW 328 Roadster, which was sold for €562,000, a 2000 Ford GT for €227,000, a 2003 Ferrari 360 for €182,000 and another record price of €145,000 for a ...

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