Auto

April 26, 2018

1

Only Mustang, Focus crossover to survive Ford car cuts

Ford Motor Co. plans to trim $25.5 billion in operating costs by 2022 and cut its North American passenger car lineup by more than 80 percent, eliminating the Taurus, Fiesta, Fusion, C-Max and Focus sedans within a few years.

CEO Jim Hackett said Wednesday that Ford will not make the next generation of those sedans, confirming months of reports that the automaker was considering cutting some of its unprofitable car models in favor of trucks and"...

Continue Reading >

April 26, 2018

2

These are the most wanted cars in South Africa right now

AutoTrader has released new data on South Africa’s auto-buying public, with search statistics showing exactly which cars are the hottest in the minds of motor enthusiasts right now.

Gathered from user statistics throughout 2017, AutoTrader has confirmed that, for South Africans, the BMW 3 Series is the most sought-after car; a sedan is the country’s preferred body type; and a journey of 100km to secure a dream automobile is perfectly"...

Continue Reading >

April 25, 2018

3

UITP MENA Transport Congress & Exhibition 2018 Is a Success

Under the patronage of H.H Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, The Roads and Transport Authority (RTA) in Dubai hosted the UITP MENA Transport Congress & Exhibition 2018 from 23rd-25th April 2018 at the Dubai World Trade Center. Over 70 international speakers participated in the event, including the prominent Canadian thinker, Brent Toderian the opening session keynote speaker.

“This"...

Continue Reading >

April 23, 2018

4

Tata to produce 40% of trucks in Nigeria

Tata Africa Services Nigeria Limited says it plans to manufacture 40 per cent of its trucks being sold in the country locally from next year.

It also hinted about establishing a production centre for vehicle components in Nigeria as part of its contribution to the development of the nation’s automotive industry.

These"...

Continue Reading >

April 23, 2018

5

Country Leaders Inspired by ABB’s Breakthrough E-Mobility Technologies

(AETOS Wire) -- The two leaders, along with ABB CEO Ulrich Spiesshofer, were shown a demonstration of the company’s new high power fast charging solution: the Terra HP EV charging station with a power output of up to 350 kW recharges a car battery in just eight minutes for 200 km reach.

“This high-power fast charger provides electric vehicles with up to seven times more range in the same charging"...

Continue Reading >

April 22, 2018

6

ABB Showcases World-Leading e-Vehicle Fast Chargers and Launches AI Readiness Index at Hannover

(AETOS Wire) -- ABB spotlighted its world-leading Terra HP family of fast chargers for electric vehicles at Hannover Messe, the biggest global industrial trade fair. By operating at powers of up to 350 kilowatts and adding as much as 300 kilometers of range to an electric vehicle in just 12 minutes, the Terra HP family of chargers have made electric cars more appealing for consumers by enabling them to refresh the batteries in about the same time required for filling up a petrol-powered"...

Continue Reading >

April 19, 2018

7

Fiat Chrysler Automobiles announces major appointments to steer growth

Fiat Chrysler Automobiles South Africa has announced the appointment of the new Head of Sales Operations of Fiat Chrysler Automobiles South Africa (Pty) Ltd, importer of Fiat, Fiat Professional, Abarth, Alfa Romeo and Chrysler brands.

Jason Knight joined the company on the 9th April 2018.

Through a career of 16 years in the South African Automotive Industry, Knight has"...

Continue Reading >

April 16, 2018

8

Middle East and Africa auto parts sales to reach $31 billion by 2022

The Middle East and African (MEA) auto aftermarket, valued at $22 billion in 2017, is forecasted to grow annually by 7% over the next five years, with sales of auto parts and accessories across the region estimated to reach $31 billion by 2022, a report has said.

According to an April 2018 whitepaper by analysts TechSci Research, a slackening of regional vehicle sales hasn’t ebbed the flow of demand for the automotive service industry and aftermarket products, with growth largely fuelled by demand from"...

Continue Reading >

April 15, 2018

9

These are the car brands South Africa exports – and where they’re going

Research and data group Lightstone has published a new report showing how South Africa auto export industry has changed since 1994 – which car brands we’re exporting, and which countries are getting them.

According to Lightstone, although South Africa has seen its share of economic hard ships in the last several years, the automotive industry has increased exponentially since 1994.

The"...

Continue Reading >

April 12, 2018

10

Electric vehicles power ahead, despite the bumps in the road

The motor industry is accelerating towards a bright new electric future at breakneck speed. Deliveries of pure battery electric vehicles and plug-in hybrid vehicles climbed 58 per cent in 2017 to just over 1.2 million, according to market researcher EV Volumes. Sales are forecast to jump by a further 55 per cent in 2018, bringing the total number on the road to more than five million.

Growth should continue as prices fall. Bloomberg New Energy Finance"...

Continue Reading >


Forex News Headline



Forex Market Video