ANNIE ALLEN The icons of the 1970s, the Renault 4 and Renault 5, are back, and this time, they’re electrifying Europe’s roads while cleaning up the environment. The reborn Renault 4 E-Tech and Renault 5 E-Tech have just stormed Green NCAP testing, achieving a perfect five-star sustainability rating. These legendary models, once celebrated for charm,…
ANNIE ALLEN Kia Corporation has slammed the brakes on its high-tech ambitions, delaying its much-hyped software-defined vehicles (SDVs) to 2028, one year behind schedule, while unleashing a massive $28 billion investment surge in a desperate bid to catch up in the global tech race. The market reacted instantly. Kia’s shares plunged 5.5%, sharply underperforming the…
European and African oil markets are in turmoil. Physical crude prices are smashing records even after a U.S.-Iran ceasefire sent futures tumbling below $100 a barrel. North Sea Forties crude surged to an all-time high of $146.43 a barrel on Thursday, as Asian and European refiners scramble for supply outside the Middle East. Traders warn…
ROTIMI ASHER Carloha Nigeria, the sole distributor and assembler of Chery vehicles in the country, has taken an innovative step toward staff development with the staging of its Emerging Leaders Football Tournament in Lagos. The initiative, which blends sportsmanship with corporate strategy, is designed to identify, nurture, and prepare future leaders within the organisation. This…
