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SEGMENT ANALYSIS

Volvo Cars to go all-electric from 2019 – Official

  Volvo Cars announced on Tuesday that every new Volvo launched from 2019 onwards will feature an electric motor, marking the historic end of cars that only have an internal combustion engine (ICE) and placing electrification at the core of its future business. The announcement represents one of the most significant ...

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Celebrating Fiat’s ‘great little car’ at 60, joins MoMA’s permanent collections in New York

  The best-loved car in Fiat’s history is the iconic Fiat 500. Popularly described as Fiat’s “great little car”, it is the icon that enabled Italians to become car-owners, and later became a global ambassador for the country. The Fiat 500 celebrated its 60th birthday Tuesday with a special event ...

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Volvo Construction Equipment taps Melker Jernberg as new President

Volvo Construction Equipment has tapped  Melker Jernberg as its new President. A statement issued by the Volvo Group on Monday said Jernberg, who is currently, President and CEO of  Sweden-based powder metallurgy company,   Höganäs AB., is expected to assume the position on January 1, 2018  to replace Martin Weissburg, ...

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Daimler launches two locally-built Mercedes-Benz models for Kenya

Daimler said on Monday that it is bringing two new bus models to the important East African market of Kenya. This, according to the German automaker,  is Daimler Buses’ response to the ever-growing demand in East and Central Africa for comfortable and safe buses for passenger transportation. The two bus ...

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Mercedes-Benz begins production of the new S-Class in Sindelfingen

Mercedes-Benz is surely entering a new dimension of motoring with its new S-Class and is raising the bar, in terms of production, for the automotive industry worldwide. For the official start-up of the luxury saloon in the Mercedes-Benz plant Sindelfingen, an S 560 4MATIC (fuel consumption, urban/extra/urban/combined: 11.8-11.6/7.1-6.8/8.8-8.5l/100 km; CO2 ...

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Jose Tomas leads GM’s Global HR Team as John Quattrone retires

Jose Tomas, former executive vice president and chief human resources officer for Anthem, Inc., one of America’s leading health benefits companies,  is now heading General Motors (GM) Global HR team. His appointment came on a day GM announced the retirement of John Quattrone, GM’s senior vice president of Global Human ...

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Why diesel prices are falling – NNPC

Nigeria’s oil corporation, Nigerian National Petroleum Corporation (NNPC), has attributed the falling prices of diesel in the retail market across the country to what it described as the sustained strategic intervention by the corporation . A national survey by Oil and Gas Forum, NNPC’s weekly TV programme, indicated that in ...

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Cadillac moves to ’spoil’ rich New Yorkers with “Fly and Drive” this Summer

Cadillac appears set to step up its game this summer as the American auto brand says it is teaming up with BLADE, the first digitally powered short distance aviation company that provides quick flights to the most in-demand destinations, to launch the “Cadillac Fly and Drive” programme this weekend. Apparently ...

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Milos Raonic is Jaguar’s latest Global Tennis Brand Ambassador

Tennis world number seven and Wimbledon finalist Milos Raonic has been announced as Jaguar’s latest Global Brand Ambassador, further strengthening the brand’s growing commitment to world sport. The announcement came ahead of the 2017 Wimbledon which starts on Monday as he joins an impressive list of Jaguar ambassadors including fellow ...

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Kia presents Rio to 19-year-old Esther Benyeogo, GCGT Season 7 winner

By Our Reporter Kia Motors Nigeria has presented a Kia Rio to 19-year-old Esther Benyeogo, the winner of  the Season 7 of a  talent hunt competition, God’s Children Great Talent (GCGT) , an initiative of the Redeemed Christian Church of God (RCCG), City of David Parish,  thus demonstrating its commitment to youth ...

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