Many agents are lamenting the loss of importers daily due to the high rate of imported vandalised vehicles in Nigeria. Recent reports reveal that many agents...
Used Vehicles auto dealers in Nigeria have expressed concern over the decline of Tokunbo car imports volume in 2022. According to the dealers, Tokunbo car imports...
German luxury and commercial vehicle brand Mercedes Benz recently revealed the interior of its 2024 E-class, which boasts an array of exciting features such as built-in...
Tesla Inc has announced plans to open part of its U.S. charging network to electric vehicles (EVs) made by rivals. This is part of a $7.5...
The automaker revealed that the restructuring was necessitated by laying off half of its workforce, as it plans to preserve cash.
Tesla CEO Elon Musk has revealed that Chinese automakers are major challengers in the EV industry. Musk, while speaking on Tesla’s earnings call on Wednesday, revealed that...
The plant would be completed by the end of the year and its operation would boost the exportation of vehicles abroad
Dutch solar EV startup Lightyear has said its restructuring strategy is to focus on the manufacturing of a more affordable model. Less than two months after...
Recent reports reveal that surging interest rates, high inflation, high gas prices, and some other economic factors devastated the U.S. auto industry in 2022. Automakers in...
Importation of foreign used cars popularly known as "tokumbo" has dropped by 51.2 percent in the first half of 2022.