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News
ECOWAS renews push for regional automotive industry
3+ hour, 30+ min ago (292+ words) The Economic Community of West African States has renewed its commitment to transforming West Africa into a competitive automotive manufacturing hub, with regional leaders and industry stakeholders calling for stronger policy implementation, regulatory harmonisation and increased investment to unlock the…...
German carmaker Porsche to cut 5,000 jobs by 2035
1+ week, 4+ day ago (315+ words) German luxury sports carmaker Porsche, a subsidiary of the Volkswagen Group, said Monday it would cut 5,000 jobs by 2035 as part of a strategic realignment to boost competitiveness. The maker of the 911 sports car has seen profits collapse due to plunging…...
Changes in tariffs threaten local vehicle assembly investments – NAMA
4+ week, 10+ hour ago (423+ words) The Nigerian Automotive Manufacturers Association has urged the Federal Government to complement its 2026 Fiscal Policy Measures with a comprehensive industrial support framework, warning that the country’s automotive manufacturing sector could face setbacks if tariff liberalisation outpaces measures needed to support…...
LagRide rolls out new vehicles for graduate trainees
1+ mon, 3+ week ago (592+ words) Ride-hailing and mobility platform, LagRide, has handed over vehicles to another batch of its Captains under the company’s Drive-to-Own programme, reaffirming its commitment to promoting dignified transportation and creating pathways to asset ownership for drivers in Lagos. The vehicle handover…...
US-Iran truce could slash petrol price to N900 – Operators
1+ mon, 3+ week ago (844+ words) The price of Premium Motor Spirit (petrol) may drop to as low as N900 per litre in the coming days if the proposed peace deal between the United States and Iran materialises and crude oil prices continue their downward trend, industry…...
How Kunle Afolayan turned filmmaking challenge into vintage car legacy
1+ mon, 3+ week ago (311+ words) when most people think of Kunle Afolayan, they picture the award-winning filmmaker behind acclaimed productions such as The Figurine, October 1, Aníkúlápó, and others. But beyond the cameras, scripts and film sets lies another passion closely tied to his creative world:…...
SAN calls for legal reforms to boost automotive sector growth
1+ mon, 3+ week ago (504+ words) A Senior Advocate of Nigeria, Mr Usman Sule, has called for legal and policy reforms to strengthen Nigeria’s automotive industry. Sule made the call in a presentation titled “Strengthening the Policy and Legal Framework for the Development of Nigeria’s Automotive…...
2026 Toyota RAV4 Launched in Nigeria by CFAO
2+ mon, 6+ day ago (529+ words) Toyota-By-CFAO Nigeria has introduced the 2026 Toyota RAV4 into the Nigerian market, marking the arrival of the latest generation of the globally popular SUV. A statement from the firm on Monday stated that for the first time, Nigerian customers will receive the…...
Academy unveils student-built mini driverless car at talent summit
3+ mon, 5+ day ago (340+ words) Emma-tob International Academy has unveiled a mini driverless car designed by its pioneer students, marking a major innovation milestone for the institution barely two years after its establishment. According to a statement issued on Sunday, the academy said that the…...
Auto expert urges FG to revive parts manufacturers
5+ mon, 1+ week ago (390+ words) An industrial and automotive-quality expert, Love Adewale, has called on the Federal Government to revive Nigeria’s dormant vehicle parts manufacturing companies, warning that the collapse of the component’s subsector is weakening the country’s automotive value chain. Adewale, a quality engineer…...