Benin Auto Park : Obaseki hosts global automotive industry players, assures on incentives

…as global brands commit to partnership with Edo govtThe Edo State Governor, Mr. Godwin Obaseki, has assured global automotive industry players, including BMW, Bosch, Toyota, Volkswagen, Ford, Uber, among others, of the state's readiness to provide mouthwatering incentives and other business-friendly policies to enable them set up at the proposed Benin Auto Park, opposite the Benin Industrial Park (BIP). Obaseki gave the assurance at the Edo Automotive Investment Forum, which hosted members of the Africa Association of Automotive Manufacturers (AAAM), at the Government House in Benin City, the Edo State capital. He said the Benin Auto Park will transform Nigeria's automotive industry and help upgrade the used car market, such that more Nigerians would start buying new cars at affordable prices and be assured of top-of-the-range after-sales services. According to him, "the automotive industry is quite critical in South Africa. "We are interested in Nigeria and Edo State and impressed with the proposal for the Benin Auto Park.

Automotive industry needs to 'diversify or face dramatic skills shortage,' Auto Trader seminar reveals

Automotive industry needs to 'diversify or face dramatic skills shortage,' Auto Trader seminar revealsOver 50 HR directors, managing directors and chief executives from automotive retail and manufacturing brands agreed that the industry needed to "wake up and diversify" at Auto Trader's diversity and inclusion seminar. These included:Changing industry perception : There is a real need to change the perception of the automotive industry, particularly amongst young people. : There is a real need to change the perception of the automotive industry, particularly amongst young people. Redefining ways of working : Brands need to be less narrow in focus when it comes to how their teams work. : Brands need to be less narrow in focus when it comes to how their teams work.

Auto industry touts strong sales, but tariff talk clouds picture

as mentioned in GM stopped reporting monthly sales at the end of the first quarter. But what does the future hold for the auto industry? Charlie Chesbrough, senior economist for Cox, said that could result in a 1-2 million unit "hit" to vehicle sales, and the potential for more. Augusto Amorim, senior manager for vehicle sales forecasts for the Americas at LMC Automotive in Troy, said that trend could change. "We expect the market to cool down a little bit in the second half of the year, mostly in fleet.

collected by :Catlin Logan