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Toyota To Lay Off 5,000 Staff Over COVID19 Pandemic

Toyota Motor Corporation is laying off about 5,000 temporary staff employed by partner agencies as it extends the shutdown of its North American auto plants a third time, citing the coronavirus outbreak and weak demand. The Japanese…

Energy Vehicles Sale Outshine Passenger Cars in China

According to statistics released Wednesday, Chinese total car sales for the first half of the year recorded 12.32 million units a decrease of 12.4 percent year-on-year. During the January-June period, 10.13 million passenger…

Ford To Lay Off 7,000 Workforce Globally In August

As part of a restructuring plan designed to save the No. 2 automaker $600 million annually , Ford Motors said on Monday that it is laying off about 7,000 managers and other salaried employees, about 10% of its white-collar workforce across…

Nigerian Auto-Marine  EXPO 2.0 To Hold In May 

The second edition of the Nigerian Auto-Marine Conference/Exhibitions tagged NAMAC 2.0 is expected to hold on the 2nd of May 2019,organisers of the event have stated. According to the convener, James Shodiya, the Nigerian…