Motoring

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2016: How recession dealt big blow to nation’s auto sector

2016: How recession dealt big blow to nation’s auto sector

SINCE the Nigerian economy officially slid into a steep recession in the second quarter of this year, most sectors have been performing below capacity due to shortage/high cost of buying foreign exchange, especially the United States dollar, needed to import either finished products or raw materials for local industries. The auto sector in the country is not immune to the vagaries of the recession as the new forex regime in the country has not been favourable to many auto firms.

Toyota Fortuner: Sleek like sedan, tough like no other SUV

Toyota Fortuner: Sleek like sedan, tough like no other SUV

Though not as popular as the Toyota Land Cruiser Prado and RAV4 in Nigeria, the Toyota Fortuner is one of the most practical sport utility vehicles from the Toyota stable. It is sleek like a sedan but tough like no other SUV. It combines the comfort of luxury SUV with the all terrain capability of rugged sport utility vehicle.

Hyundai ranks high in  2016 Auto Bild’s Quality report

Hyundai ranks high in 2016 Auto Bild’s Quality report

Ranked first for the third time in seven years: Hyundai Motor has been awarded first place in Auto Bild’s Quality Report 2016 and has secured one of the most coveted accolades in the automotive industry. Following its top rankings in 2010 and 2011, Hyundai Motor has succeeded against its competitors in Germany once again.

Nissan launches driverless towing vehicle

Nissan launches driverless towing vehicle

Nissan Motor Co., Ltd. has announced the introduction of Intelligent Vehicle Towing (IVT), a fully automated vehicle towing system, at its Oppama Plant, in Japan.