Toyota Motor Co. reported a 49 percent drop in fourth-quarter operating profit on Friday, missing analysts’ estimates, as U.S. tariffs and increased competition from Chinese automakers...
Porsche shuts down Porsche eBike Performance, weeks after sale of its stakes in Bugatti Rimac, Rimac Group. Also discontinued are two subsidiaries : Cellforce Group GmbH...
First-ever TZ is Lexus’ first 3-row, all-electric SUV, offers 300 miles range, a V-10 engine sound of the Lexus LFA supercar. Designed from the Driving Lounge...
FRSC, in collaboration with Leadway Assurance, organise sensitization exercise tagged “drive safe, arrive alive”. FRSC (Lagos State Sector Command) list over-speeding as one of the common...
Toyota’s luxury brand has expanded its electrified lineup for 2027 with the launch of the first-ever, all-new Lexus TZ – its first three-row, all-electric, AWD SUV,...
Tesla has applied for a new trademark for the Roadster model. After years of delays, this seems like a hint of preparation for the launch. The...
AMG CEO Michael Schiebe is certain: “AMG is becoming more AMG than ever before.” That is why the four-cylinder engines are being phased out, the brand...
The company Stellantis NV (“Stellantis”) has announced that with the company Zhejiang Leapmotor Technology Co., Ltd (“Leapmotor”) are exploring expanding their strategic partnership through a series...
The president of the Supervisory Board of BMW, Nicholas Peter, proposed stricter measures for the owners of plug-in hybrids who rarely charge their cars with electricity....
Toyota expects profit in the current fiscal year, which runs through March 2027, to fall by a fifth. According to the world’s largest automaker, uncertainties regarding...
Volkswagen has warned buyers of a possible price increase for new cars due to the war in Iran, reports the automotive industry magazine “Automobilvohe”. “The effects...
Bentley posted its first quarterly loss since 2020 after being hit by a combination of exposure to US tariffs, disruptions in the Middle East and a...
Tesla is recalling 218,868 vehicles in the United States due to problems with rear-view camera delays that can increase the risk of crashes, the National Highway...
Despite efforts to get customers to buy electric vehicles, people can’t seem to give up gas. Some buyers are harder to convince than others, such as...
Denza Z9GT from BYD’s premium brand cost $134K in Europe versus $59K in China, can recharge from 10-70% in 5 minutes Asking price for the Denza...
Nigeria Customs intercept N19B cannabis hidden in used Toyota Camry, Chevrolet Colorado imported from Canada. NCS says that the contraband was loaded in a container that...
According to the British media, Jaguar will announce the name of their long-awaited electric GT car on May 12, while the official promotion will follow in...
BMW today maintained financial guidance for 2026 despite a sharp drop in first-quarter net profit, down 23 percent year-on-year to 1.67 billion euros, as the company...
Mazda Italia boss Roberto Pietrantonio has revealed plans for the future of the legendary MX-5 roadster, as well as details on updates to the CX-60 and...
Nissan will close one of two production lines at its plant in Sunderland (UK) as part of a cost-cutting program that will see the Japanese company...
Deliveries from sports car manufacturer Ferrari were disrupted in the first quarter by the Iran war. Normally, Ferraris sell well around the Persian Gulf, but the...
European Trade Commissioner Maroš Šefčovič today called on the United States to return tariffs on the European Union to the levels agreed in the EU-US trade...
The announced increase in US tariffs on car imports from the European Union would pose a significant burden for German car manufacturer Audi, the company’s CFO...
Toyota also introduced a sportier GR variant alongside the sixth-generation RAV4. It’s not a full GR model but instead wears the GR Sport badge; a hotter...
F1 will have V8 engines by 2031, says president of International Automobile Federation (FIA). V8s can be introduced for 2030 if four of the six power...
The Volkswagen Group is in a difficult situation, just like all conventional automakers. The German powerhouse is being forced to sell more EVs in order to...
The market hasn’t followed Honda’s forecasts and subsequent investments, which have resulted in its first-ever net loss, as the Japanese automaker had hoped to profit from...
