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Ford to Pay $19.2million Over False Advertising claims

Ford Motor Co   will pay $19.2 million to resolve allegations it falsely advertised real-world fuel economy and payload capacity for some...

Geely Automobile to Acquire 34.02% of the Shares of Renault Korea Motors 

China’s largest privately-owned automotive group, Geely Automobile Holdings and Renault Korea Motors have entered into a share subscription and a joint...

Harley-Davidson Halts Motorcycle Production

Harley-Davidson Inc said on Thursday it will stop assembling and shipping motorcycles for two weeks except for its electric models due...

Ford Recalls 39,000 SUVs after Engine Fire Reports

Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park...

Mercedes-Benz to Use Energy-Dense Silicon Battery for G-Class

Mercedes-Benz has plans to incorporate a new, highly energy-dense battery in its upcoming electric G-Class from 2025. The automaker,...

Toyota Rolls Out First Battery Electric Car in Cautious Debut

Toyota Motor Corp  rolls out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy the automaker...

Nissan Says It Is Too Early To Predict EV Unit Spin-Off

It is too early to say whether Nissan Motor Co would spin off its electric vehicle (EV) business division like its alliance...

New Range Rover Sport Makes Global Premiere

The New Range Rover Sport has made its global premiere with a dramatic world-first climb up a flooded dam spillway in...

Geely Buys Stake in Renault, Eyeing US Exports

China's Geely Automobile will buy just over a third of Renault's  Korea unit for roughly $200 million, potentially helping it boost U.S. exports,...

Hyundai New Horizons Studio to Design and Build Ultimate Mobility Vehicles

Hyundai New Horizons Studio (NHS), a unit focused on the development of Ultimate Mobility Vehicles (UMVs), will open a new Research,...

Hyundai Launches CRETA Knight Edition

Hyundai Motor India on Tuesday unveiled Creta Sports Utility Vehicle (SUV)  ‘Knight Edition’.  The new edition, according to Hyundai,...

Kia Rolls out Niro Plus Model for Taxi Operators

Kia has revealed the Niro Plus, its first ‘purpose-built vehicle’ (PBV) aimed at meeting demands of modern-day car-hailing. The automaker made...

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No Plan to cut Ties with our Nigerian Mercedes-Benz Dealers, says Weststar

Weststar Associates Limited, Nigeria’s authorized General Distributor of Mercedes-Benz has refuted any plan or possibility to sack its distributors across the...

FRSC Honours Motorist for Strict Compliance to Traffic Regulations

The Federal Road Safety Corps (FRSC) has honoured a motorist, Mr Ade Omolewa, for his strict compliance to road traffic rules...

Reps to Investigate NNPC Fuel Subsidy Claim

The House of Representatives has constituted an Ad-hoc Committee to investigate the Petroleum Products Subsidy regime between 2017 and 2021 by...

Oil falls 3% on Uncertainty over Future OPEC + Output, Recession Fears

Oil prices sank around 3% on Thursday as OPEC+ confirmed it would only increase output in August as much as previously...