According to the head of the trade association, the sector is facing high costs for personnel, energy, and taxes. “Conditions are deteriorating noticeably,” VDA President Hildegard...
Japanese carmaker Toyota Motor reported a drop in vehicle sales worldwide for the second month in a row, mainly due to lower demand in the Middle...
Shares in Aston Martin dropped by as much as 10% on Monday after the British luxury carmaker issued a new profit warning, pointing to difficulties in...
National Automotive Design and Development Council (NADDC) is exhibiting samples of Made-in-Nigeria vehicles by various local assembly plants at the on-going Lagos International Trade Fair holding...