Market News
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Toyota\'s drive to expand in Africa
Posted on :Monday , 14th September 2015
Car manufacturer Toyota is well known, but Toyota Tshusho less so. We spoke to the trading subsidiary to find out more about its African operations.
Toyota Tsusho, established in 1948, is the sole general trading company within the Toyota Group. It has some 53,000 employees and its global network encompasses Japan, approximately 90 other countries and over 950 conso. . .
Kia Motors\' new assembly plant in Africa to make 25,000 vehicles annually
Posted on :Wednesday , 9th September 2015
Leading automobile brand Kia Motors Nigeria has unveiled a new assembly plant in Lagos, which is expected to produce 25,000 vehicles every year
The plant named United Vehicle Assembly Limited (UVAL) will be part of Nigeria's robust automotive policy of making the nation a leading manufacturing hub, said officials from UVAL.Nigerian minister for in. . .
A Modern Engine Factory in East Africa to be constructed
Posted on :Friday , 4th September 2015
The construction of a new mega modern engine factory in Ethiopia has commenced. The Ethiopian government is constructing a new engine factory that can manufacture different types of engines.
The industrial unit is set to manufacture about twenty to thirty thousand different types of engines for tractors, cars, trucks, building industry machines and other small. . .
Uber and Kia combine for driver deals in Lagos
Posted on :Thursday , 3rd September 2015
E-hailing taxi company Uber is reportedly negotiating cheaper deals for new vehicles with Kia to boost its number of drivers fivefold in the Nigerian city of Lagos.
Bloomberg reported that Uber is hoping the low-cost deals will help boost its driver tally in Lagos – Africa's most populous city – to 3,000 by the end of next year.. . .
Nigeria: Toyota Unveils Brand New Tecoma
Posted on :Saturday , 29th August 2015
TOYOTA has left its Taco sitting on the counter since 2005, and it has almost gotten stale. By default, those hungry for a mid-size truck have had no choice but to clog their noses and scarf down what Chef Toyota was cranking out of its kitchen until the new Chevrolet Colorado and GMC Canyon came out. Now Toyota's cooked up a new taco.
Toyota, the long-time king of . . .Please Select an Option
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