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Globe Motors’ Hyundai, Higer plant can produce 6,000 units annually — Oguamalam

Managing Director of  Globe Motors, an automobile marketing and manufacturing company in Nigeria, Mr. Victor Oguamalam, has said that the firm’s  new vehicle assembly plant in Lekki ,Lagos has installed capacity of 6,000 Hyundai and Higer units annually.Oguamalam who spoke to journalists shortly after a tour of the new  assembly plant located along Eleko-Ibeju Lekki area of Lagos said: “the plant for now has installed capacity of 6,000 vehicles annually which can be increased depending on market forces.”

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Mercedes-Benz achieves new record sales of 1.35m cars in 8 months

Mercedes-Benz  sold 1,356,350 vehicles in the first seven months of this year, which is an increase of 2.3 per cent and a new record. Last month was the second-best July in the history of the brand with the three-pointed star, with worldwide sales of 167,518 passenger cars, despite several factors that led to constraints in the availability of some models. Mercedes-Benz maintained its market leadership as the premium brand with the highest number of new registrations in the first seven months in markets including Germany, France, Switzerland, Portugal, USA, Canada, South Korea, Japan, Australia and Brazil.

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