FEMI OWOEYE [dropcap]T[/dropcap]oyota Nigeria Limited (TNL) has forecasted a further drop in sales volume by the nation’s auto industry in the year 2016. The managing director of the company, Mr. Kunle Ade-Ojo made the submission recently during a press briefing held at TNL Lekki headquarters, Lagos. According to him, 2015 was very bad for the automobile…
By: FRANK BOYEDE [dropcap]K[/dropcap]ewalram Chanrai Group, dealers of Foton, Isuzu Cherry and Mitsubishi in Nigeria is investing $400 million into automobile assembly plant in the country, because of trust the company has on the nation’s auto policy put in place by the regime of former President Goodluck Jonathan. The company’s Deputy Group Managing Director, Mr….
[dropcap]H[/dropcap]istory was made last week, as Toyota Nigeria Limited revealed first vehicle that rolled out of its newly built multi-million dollars Assembly plant located at Ikotun, Lagos. The vehicle, a Toyota Hiace, was revealed to Motoring Journalists on Tuesday after a press briefing held at the company’s headquarters in Lekki. In his address, the Managing…
[dropcap]T[/dropcap]oyota Nigeria Limited (TNL) has announced a safety recall of about 900 Model Year 2006-2012 RAV4 vehicles sold into the Nigerian market. The company’s Mnaging Director, Mr. Kunle Ade-Ojo made the announcement, on Tuesday, during a press briefing held at the TNL’s headquarters, Lekki, Lagos. According to him, with the recall, Toyota is reacting to…
