Friday, March 14, 2025

Trump's anticipated tariffs put German automakers at most risk

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The U.S. Commerce Department sent a report on Sunday to President Donald Trump that could unleash steep tariffs on imported cars and auto parts....

Porsche, Nissan sales decline in European market by 5%

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Porsche, Alfa Romeo, Nissan, Fiat and Audi saw sales decline most in a European market down 4.6 percent in January. Volvo, PSA Group's DS...

Jaguar Land Rover blames loss on challenging market conditions in China

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Jaguar Land Rover blames its latest quarterly loss largely on "challenging market conditions in China." These include a rare decline in industry wide sales and the...

Mercedes Benz outsold Audi on sedan in China last month

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Mercedes-Benz beat Audi in China sales last month on demand for its longer C- and E-class sedans. Mercedes’s January deliveries rose 4.8 percent from a...

Versailles Palace denies knowing Ghosn's wedding wasn't a corporate affair

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The Versailles palace, the venue for the Marie-Antoinette-themed wedding of former Renault boss Carlos Ghosn, said it had no idea the event was a...

Ford moving production out of UK due to Brexit uncertainties

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Ford Motor told British Prime Minister Theresa May that it is stepping up preparations to move production out of Britain, The Times reported on Tuesday. The automaker...
Ex CEO Nissan; Carlos Ghosn

Ghosn ‘s lead lawyers resign, major setback to defense

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Carlos Ghosn's chief defense lawyers have resigned in a setback for the former Nissan and Renault leader, who has been detained and charged in...

Nissan operating profit increase by 25%, Ghosn's charge booked

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Nissan reported a 25 percent surge in operating profit in the latest quarter on a richer sales mix as it booked a one-time charge...

Major traffic gridlock rock Ilorin in anticipation of President Buhari arrival

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On major roads in Ilorin, capital of Kwara state, there is traffic gridlock , ahead of the arrival of President Muhammadu Buhari, for the...

FG commences construction of Lagos-Badagry highway

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The Federal Government said it has commenced the reconstruction works on the Agbara-Seme corridor of Lagos-Badagry Expressway. Director Highways, South West, Mr Funsho Adebiyi who...