FEMI OWOEYE Nigeria’s car market is revving up for another explosive year, as a fresh import duty cut by the Federal Government of Nigeria collides with improving forex access to trigger what industry players describe as a potential surge in vehicle inflows. After gulping a staggering ₦1.58 trillion on passenger car imports in 2025, according…
FEMI OWOEYE If luxury had a sound, the Range Rover SV Ultra wouldn’t just play it. It would own the stage. This is not just another flagship. It is Range Rover at its most indulgent, most experimental, and arguably, most audacious yet, blending handcrafted opulence with technology that feels pulled straight from the future. At…
ANNIE ALLEN (UK Bureau Chief) A quiet revolution is unfolding on South Africa’s roads. And it is coming from China. Lower-cost Chinese vehicles are flooding the market at a pace that is no longer ignorable, redrawing the country’s automotive landscape and forcing a high-stakes rethink of industry survival strategies. For consumers, it feels like a…
ANNIE ALLEN (UK Bureau Chief) Mercedes-Benz Group has reported a decline in first-quarter earnings for 2026, as intensifying competition in China and rising tariff and cost pressures weighed on performance. The German automaker posted earnings before interest and tax (EBIT) of €1.9 billion, representing a 17% drop compared with the same period last year. Profit…
