Business

Nissan records $1.01bn profit, surpasses expectations

Ihesiulo Grace 11 February 2023 0

By Temitope Adebayo Japanese automaker, Nissan Motor has posted a better-than-expected 155 per cent jump in third-quarter operating profit, boosted by a weaker yen and cost management. Operating profit for the three months ended Dec. 31 came to 133.1 billion yen ($1.01 billion), beating the

Transportation

Renault-Nissan Alliance: Date set for redesign presentation

Ihesiulo Grace 3 February 2023 0

By Temitope Adebayo France’s Renault and its Japanese partner Nissan will formally unveil the agreement to reshape their alliance on Feb. 6 in London, the two car makers said in a joint statement on Thursday. The announcement, with junior alliance partner Mitsubishi Motors, confirmed a Jan. 26 Reuters exclusive about the deal, which will retool […]

News Nigeria

We are re-positioning the automotive sector for a better environment – NADDC Boss

Ihesiulo Grace 24 April 2018 0

The Director General of the National Automotive Design and Development Council (NADDC) Jelani Aliyu has said the Council is repositioning the automotive sector with the introduction of the automotive bill which is waiting for presidential assent. Aliyu made this known during a national workshop on reducing low Sulphur fuels and global fuel economy initiative in […]

Tech

Nissan S’Africa, AIDC achieve international recognition

Ihesiulo Grace 20 December 2017 0

The Institute of the Motor Industry (IMI) announced that the Automotive Industry Development Centre (AIDC), in partnership with Nissan South Africa has successfully met the training criteria to become an IMI Approved International Centre in South Africa. After successfully completing a three-day assessment, the AIDC’s two Automotive Learning Centres in Rosslyn are now able