CFAO Auto Group has been looking at the potential car market in Nigeria following other multinational companies including Toyota, Nissan and Kia's entrance to the country through local partnership with distributors for car assembly and production.
Boston, US-based social advertising and marketing startup Moontoast announced that it has raised $4.5 million as extension to its Series B financing round for its expansion and platform development.
Volkswagen AG's Audi division said today in a statement that it is aiming to challenge major automobile players in terms of global sales by pouring in €22 billion or $30.3 billion in auto model and technology development through 2018.
Chicago-based media firm Tribune has entered an agreement to purchase Gracenote, the California-based music data unit of Japanese conglomerate Sony in a deal valued at $170 million, according to a statement by Tribune.
Philippine-based conglomerate GT Capital Holdings Inc bought more than 40% of car dealership Toyota Manila Bay Corp (TMBC) in a deal valued at PHP502.25 million.
Europe's top carmaker Volkswagen (VW) has revealed its plan to invest EUR84.2 billion in the next five years for technology upgrades and modernization of its plants.
November is here and before you know it, we will find ourselves in the midst of the holiday hustle and bustle. Before running off to the department stores to stock up on holiday presents for others, take a moment to make sure you're getting the best deal on a new car this month.
SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.
General Motors wanted to compete with Japanese auto-makers who dominate Indonesia by launching its no-frills Spin van.
Toyota Motor Corp, the world’s biggest carmaker announced its planned expansion in Myanmar, Cambodia and Kenya.
Toyota is nearing an agreement to license its fuel-cell vehicle technology to BMW
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