Chery Announces Launch of New Energies in Auto Industry — Features — The Guardian Nigeria News – Nigeria and World News

Chery Overseas Investment Corporation has announced new energy compliance in the automotive industry, saying it has become a national strategy and the industry is rapidly moving towards electric transformation. As one of the first independent vehicle companies in China to develop new energy vehicles, Chery started the research and development of energy-saving and new energy […]

Chery recommits to technical research and automotive industry development – Features – The Guardian Nigeria News – Nigeria and World News

Chery Overseas Investment Corporation has reaffirmed its commitment to expanding engineering research and development for automotive industry growth. As the automotive industry ushers in the era of the “new four modernizations,” Chery has embarked on a series of strategic design efforts and taken the lead in completing the platform-based and modular design of the traditional […]

Import ban on vehicles, tonics for the automotive industry | The Guardian Nigeria News

The Automobile, Boatyards, Transport, Equipment and Allied Senior Staff Association (AUTOBATE) has called the federal government’s ban on importing vehicles across land borders a boost to the auto industry. AUTOBATE Secretary-General Mr Sola Olorunfemi told the Nigeria News Agency (NAN) in Lagos on Thursday that the ban was a step in the right direction. NAN […]

Vehicle import ban: car dealers plead for review | The Guardian Nigeria News

Car dealers in Kano have appealed to the federal government to review the law banning the import of used cars into the country across its land borders. Alhaji Sani Yaro, a prominent used car dealer on Olu Obasanjo Way in Kano, said they were fighting to save the business even before the ban. He explained […]

CAGR of global automotive aftermarket to grow 4 percent – Features – The Guardian Nigeria News – Nigeria and World News

• Market size estimated at US$378.4 billion in 2019 The global automotive aftermarket was valued at US$378.4 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 4.0 percent from 2020 to 2027, reveals the latest report by grandviewresearch.com. The report, titled “Automotive Aftermarket Industry Size, Share, Trends Report, 2020-2027,” […]