Toyota plans Crown Signia as Venza replacement in 2024
Toyota will be waving off the Toyota Venza after the launch of the 2024 model. The brand notes that the vehicle will be discontinued
CFAO Motors becomes an official distributor of Toyota in Nigeria.
BY MIKE OCHONMA CFAO Motors, a leading distributor of mobility products and services in Nigeria, has announced a major
Toyota recalls 14,799 defective Lexus vehicle models
By Business A.M. Japanese automaker Toyota has recalled some categories of its vehicles, including Lexus NX260, Lexus NX3650h and
Toyota hits back to critics over EVs migration
MIKE OCHONMA Toyota Motor Corporation (TMC) says it needed to offer a variety of car choices to suit different markets and customers
Insurtech ETAP in $1.5m Toyota, CFAO’s VC-led pre-seed funding
BY CHARLES ABUEDE In Nigeria, it is no longer news that only 1 in 5 cars are insured currently as a result of the complexities
Nigeria reviewing auto policy, says minister, as VP Osinbajo inaugurates Toyota service centre
BY: MIKE OCHONMA Nigeria’s federal government says it is reviewing the Nigeria’s auto policy to make it an enduring document
Lyft sells autonomous vehicle unit to Toyota for $550m in pursuit of profitability
Charles Abuede Lyft, a ride-hailing company has sold off its autonomous vehicle unit to Toyota’s Woven Planet Holdings for $550
More snubs for Nigeria as Hyundai and Kia plan to set up assembly plants in Ghana by 2022
Wale Ameen Online Editor Automobile giants, Hyundai and Kia are set to establish assembly plants in Ghana by 2022. The automobile
COVID-19 pressures cost Volkswagen, Ford, Toyota, GM, Daimler $63bn market cap in 8 months
Charles Abuede The world’s top five automobile manufacturing companies, Volkswagen Group, Ford Motors, Toyota Motor Corporation,
Volkswagen, with $192bn debt burden, is world’s most indebted company
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10 with debts of $151bn,