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February 16, 2020

1

Auto sector attracts N360b investment in 2019

The National Automotive Design and Development Council (NADDC) said automotive manufacturing companies in Nigeria made over N360 billion investments into the country’s economy in year 2019. With this latest development, the Council said Nigeria’s auto industry now has capacity to build at least 408,870 vehicles yearly.

The Council also disclosed that the companies which include, Peugeot, Honda, Mitsubishi vehicle manufacturers, Innoson,"...

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February 13, 2020

2

Car assembly case involving Ouyahia, Sellal: Appeals court adjourns trial

Algeria – The Appeals Chamber at the Algiers court adjourned this Wednesday, February 12, the trial of the two ex-ministers over the file of corruption linked to the car assembly.

The appeal proceedings of the two former prime ministers, Ahmed Ouyahia and Abdelmalek Sellal, as well as the former industry ministers, Youcef Yousfi, Abdessalem Bouchouareb (on the run), Mahdjoub Bedda, of Public Works alongside three car dealers , Ahmed Mazouz,"...

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February 4, 2020

3

TomTom Traffic Index: Global traffic congestion up, but UAE’s 2 main cities compare well; Bengaluru takes Crown of ‘World’s Most Traffic Congested City’

• Ninth edition of the annual TomTom Traffic Index provides detailed insights on live and historic road congestion levels in cities around the world

• 57% of countries included see increase in traffic congestion, while both Abu Dhabi (-1%) and Dubai (-2%) see decreases

• Global average congestion level is 29%, while Abu Dhabi’s is 10% and Dubai is 21%

• Drivers, city planners, automakers and policy makers can use the TomTom Traffic Index to help tackle traffic-related"...

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