US Opens Safety Probe into Hyundai IONIQ 5 EV

U.S. auto safety regulators are investigating nearly 40,000 Hyundai  Ioniq 5 electric vehicles over reports of power loss while driving tied to a battery charging issue. The National Highway Traffic Safety Administration’s preliminary investigation covers 2022 model-year vehicles after it received 30 consumer complaints alleging a loss of acceleration. The agency said many consumers reported…

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Coscharis Ford Delights Auto Buffs at Lagos Motor Fair, Set to Debut New Ford Territory in Nigeria

Nigeria’s leading automobile dealership and exclusive franchisee of the Ford brand, Coscharis Motors Plc, excited automobile enthusiasts and customers at the recently held 2023Lagos Motor Fair and Autoparts Expo. In a post-event statement, Coscharis revealed that it participated at this year’s edition to ensure that the Ford showroom is brought closer to customers and enthusiasts,…

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Makers of Hero Motorcycle under Probe over Fund Diversion

India’s Ministry of Corporate Affairs has ordered an investigation to assess Hero MotoCorp’s relationship with a third-party vendor in a case related to alleged diversion of funds, two government sources told Reuters on Thursday. The investigation has been ordered in the “public interest” to probe the ownership structure of Hero MotoCorp and whether it controlled…

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President Tinubu’s Democracy Day Broadcast: Full Text

Fellow Nigerians, It is exactly three decades today that Nigerians went to the polls to exercise their inalienable right to elect a President of their choice to lead the transition from military dictatorship to a representative government of the people. The abortion, by military fiat, of the decisive victory of Chief Moshood Kashimawo Olawale Abiola…

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