Tobi Ajayi: Motor Man to Watch
31-year-old Oluwatobi Ajayi is the CEO of Nord Automobile, a fast-growing Nigerian automobile assembly company.
He started his career at Mercedes-Benz Nigeria where he became...
Ghana offers 10 years tax break to automakers for production plants
Tax breaks of up to 10 years are being offered to automakers that set up local plants in Ghana, as the government seeks to...
Accident occurs on Lagos-Ibadan Expressway, 2 dead, five injured
Federal Road Safety Corps (FRSC), Ogun Command, has disclosed that two persons died while five others sustained injuries in an accident that involved a...
Nigeria not conducive for investment- Dr Cosmas Maduka
The President of the Cocharis Group, Dr Cosmas Maduka, has displayed concern over the increasing cases of insecurity in Nigeria, lamenting that the circumstance...
Ban illegal transport unions to curb crime- NURTW
The National Union of Road Transport Workers, NURTW, has prompt for the banning of illegal transport unions stating that it will curb kidnapping and...
PSA, Dongfeng to halve workforce, drop assembly plants
PSA Group and partner Dongfeng Motor have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants,...
Daimler to pay up to $1.12Bn for diesel cheating, report reveals
Prosecutors in Stuttgart, Germany are set to fine Mercedes-Benz parent Daimler between 800 million and 1 billion euros ($897,000 to $1.12 billion) for diesel-related...
FCA to avoid European Union CO2 emission fines
Fiat Chrysler Automobiles CEO - Mike Manley said the automaker will not have to pay fines for failing to comply with tougher European CO2...
Japan automakers increase R&D spending, Toyota leads
Japan's auto industry is increasing its R&D investment to confront the once-in-a-century technological upheaval triggered by electrification, connectivity and autonomous driving.
Automotive companies grabbed the...
Ford launches SHE-MOVES Empowerment Programme in Lagos
Ford has officially launched SHE-MOVES (Strengthen Her: Mobilising Ventures for Social Innovation), a programme from Ford Motor Company and its philanthropic arm, the Ford...