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Chinese Automobile Exports Surge By 4.91 Million Units In 2023
People Republic of China’s automobile export market has continued to soar higher even as it has reached 4.91 million units in 2023, increasing some 57.9 year-on-year.
With sharp rise in exports China is expected to become the world’s…
VREG: Finance Minister Unveils National Vehicle Registry Platform
Finance Minister, Mr. Wale Edun on Tuesday, unveiled the National Vehicle Registry (VReG), describing it as a landmark initiative in Nigeria's journey towards economic stabilisation.
The Minister said the platform marks a pivotal shift…
Sanwo Olu Commissions Automobile Assembly Plant In Lagos, As First 2,000 Cars Hit Market
Lagos State Government records yet another triumph in utilising Public Private Partnership (PPP) to its good advantage. A Joint Venture Agreement (JVA) sealed by Governor Babajide Sanwo-Olu with CIG Motors - a Chinese automobile company -…
CHERY : Automaker Sets To Venture Into Building Own Car Carrier , As Export Increases By 56.9% Yearly
Chery will partner with Wuhu Shipyard to develop a car carrier construction base in Weihai and build its own fleet to support the fast-expanding export business.
Chery Wuhu Weihai marine and offshore engineering technology industry base…
Shipping Coy, Two Chinese Car Makers Set- Up RORO Port Operations
Anhui Provincial Port and Shipping Group has entered strategic collaboration with Chinese car makers Chery and JAC.
The newly established joint venture, Anhui Hangrui International Ro-Ro Transportation Company, will…
NAICOM: Media House Kicks Against Hiked 3rd Party Motor Insurance, Demands Sack Of CEO If ……
The Editorial Board of Transport Day newspaper, has frowned at the recent hike in third party motor insurance premium as issued by the National Insurance Commission (NAICOM).
According to a statement signed by the Editor-in-Chief of…
Enugu Govt Lauds Ingrace Motors For Promoting Local Manufacturing Of Vehicles
The Enugu State government has expressed delight at the commitment of Ingrace Group in promoting indigenously manufactured vehicles in Nigeria.
Speaking when a delegation from Ingrace Motors Nigeria Limited, led by its Chief…
ARTISANS DAY :Mandilas Empowers Lagos Artisans With Mechanical Toolboxes, Spraying Machines
Mandilas Group Limited has donated complete mechanical toolboxes and spraying machines to artisans within Lagos Island East Local Council Development Area (LCDA), as part of its Corporate Social Responsibility (CSR).
Handing…
LAGOS RIDE :Sanwo-Olu Launches Tech-Driven Scheme, Rolls Out 1’000 Brand New Cars
A safe, comfortable and modernised taxi scheme has taken off in Lagos State, with the rollout of the first batch of 1,000 brand-new GAC-branded automobiles by Governor Babajide Sanwo-Olu, on Wednesday.
The scheme, codenamed…
RORO Vessel Runs Aground With Exotic German Vehicles
Barely two weeks of smoldering in the Atlantic Ocean, a Roll On Roll Off vessel laden with several thousand of German automobiles has sunk.
An estimated 4,000 vehicles from Volkswagen Group, the Felicity Ace originally gained…