No Result
View All Result
Wednesday, December 6, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

    IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

    IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

    Zambia advises Ghana to have restrictive laws on debt accumulation 

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

    Customer Service Week: Pan-African Savings and Loans provides medical services to clients

    Former Capital Bank CEO Ato Essien jailed 15 years

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Zenith Bank @ 18 – Celebrating a legacy of financial excellence

    Former Capital Bank CEO Ato Essien jailed 15 years

    IMF clarifies Ghana’s growth rate projection

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

    IMF awaits Ghana’s agreement with bilateral creditors before releasing next tranche of $3bn bailout

    Development Bank Ghana set to diversify financial offerings by introducing equity fund alongside lending activities.

    Access Bank registers a GH¢0.30 increase in its share price as the local stock exchange witnesses no declines

    Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief

  • TECHNOLOGY

    Ghana loses GHS 49.5 million to cyber fraud in nine months

    Nigeria aims for $5 billion tech investment by 2027

    Genius IT Foundation achieves STEM.org accreditation

    Pharmaceutical Society charged to utilize AI to transform industry

    Apple says iPhone and iPad apps will show up on the vision OS App Store from the get-go

    China launches $41 billion fund to accelerate semiconductor industry

    Digital marketing: Event managers urged to explore growth opportunities

    Govt. urged to commit more investments to enhance AI competencies

    Stakeholders in digital ecosystem charged to do more to protect child privacy

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    A look into how business in Nigeria has fared since President Tinubu’s election

    The effect of the Israel-Gaza conflict and national census ripples across SA’s economy

    West Africa records growth despite coups and underperformance of its largest economies

    World Bank projects Africa’s economy to slow down to 2.5%

    Billion dollar opioid addiction market fuels Nigeria’s drug crisis

    Nigeria aims for $5 billion tech investment by 2027

    Punitive domestic tariffs threaten African trade

    South Africa adds Ghana to E Visa list

    Ofori-Atta commends G20 for AU’s inclusion, urges common voice

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

    IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

    IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

    Zambia advises Ghana to have restrictive laws on debt accumulation 

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

    Customer Service Week: Pan-African Savings and Loans provides medical services to clients

    Former Capital Bank CEO Ato Essien jailed 15 years

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Zenith Bank @ 18 – Celebrating a legacy of financial excellence

    Former Capital Bank CEO Ato Essien jailed 15 years

    IMF clarifies Ghana’s growth rate projection

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

    IMF awaits Ghana’s agreement with bilateral creditors before releasing next tranche of $3bn bailout

    Development Bank Ghana set to diversify financial offerings by introducing equity fund alongside lending activities.

    Access Bank registers a GH¢0.30 increase in its share price as the local stock exchange witnesses no declines

    Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief

  • TECHNOLOGY

    Ghana loses GHS 49.5 million to cyber fraud in nine months

    Nigeria aims for $5 billion tech investment by 2027

    Genius IT Foundation achieves STEM.org accreditation

    Pharmaceutical Society charged to utilize AI to transform industry

    Apple says iPhone and iPad apps will show up on the vision OS App Store from the get-go

    China launches $41 billion fund to accelerate semiconductor industry

    Digital marketing: Event managers urged to explore growth opportunities

    Govt. urged to commit more investments to enhance AI competencies

    Stakeholders in digital ecosystem charged to do more to protect child privacy

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    A look into how business in Nigeria has fared since President Tinubu’s election

    The effect of the Israel-Gaza conflict and national census ripples across SA’s economy

    West Africa records growth despite coups and underperformance of its largest economies

    World Bank projects Africa’s economy to slow down to 2.5%

    Billion dollar opioid addiction market fuels Nigeria’s drug crisis

    Nigeria aims for $5 billion tech investment by 2027

    Punitive domestic tariffs threaten African trade

    South Africa adds Ghana to E Visa list

    Ofori-Atta commends G20 for AU’s inclusion, urges common voice

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Auto Plaza CEO hails government’s efforts in improving automobile industry

byEllen Dapaah
November 20, 2020
in News, TECHNOLOGY
CEO and Founder of Auto Plaza Limited, Jihad Hijazi

CEO and Founder of Auto Plaza Limited, Jihad Hijazi

Share on FacebookShare on TwitterShare on Whatsapp

The Chief Executive Officer and Founder of Auto Plaza Limited, Jihad Hijazi has commended the government’s efforts in building the automobile industry.

According to him, the government has introduced policies that the sector players seek to benefit from, whilst providing employment for a huge number of Ghanaians.

This forms part of efforts in achieving the aim of making Ghana the hub for Automotive Industry in the West African sub-region.

ADVERTISEMENT

Mr Hijazi spoke to Citi Business News on the sidelines of the launch of Hyundai’s two new second-generation vehicles; the 2021 Hyundai Grand i10 sedan and the 2021 Hyundai Creta.

He remarked, “The government is doing quite a lot today to help the serious players in the market. They have introduced an assembly policy, where if you invest into the system, you’ll reap the reward in terms of lower prices so, at the end of the day, we invest into an assembly plant, and we are able to produce at a much lower price because we don’t pay duties and taxes, but we rather employ many more people in the process. So the government has really made it conducive for serious players to reap the benefits of investing into the industry.”

Chief Executive Officer of Auto Plaza Limited, Jihad Hijazi

Auto Plaza Limited, the authorized partner of Hyundai Motor Company, unveiled the two vehicles in Accra on Thursday, November 19, 2020.

The event brought together stakeholders of the brand who were expectant of the new addition in the auto market.

According to Mr. Hijazi, these second-generation vehicles inculcate massive improvements and technological advancements for the same price as the previous versions.

The 2021 Hyundai Grand i10 sedan

The car was produced to take over the i10 has some key features such as 1248 CC Kappa MPI petrol engine. 4-speed automatic transmission, a trip computer, keyless entry, max power 87/6000 (PS/RPM), a Bluetooth hands-free system with voice recognition, among others.

Jihad Hijazi explained the Grand i10 is 15 percent larger than the i10, and consumes less fuel.

The 2021 Hyundai Creta

The 5-seater SUV comes with various eye-catching elements to the interior and exterior designs. It has a high-tech convenience, safety features that offer an enjoyable, luxurious and a relaxed lifestyle for the driver.

Some highlighted features of the 1.5 litre Creta includes the 1,500 in-line 4-cylinder 16 valve petrol engine, 6-speed automatic transmission with tip-tronic sport mode and an electric motor-driven power steering system with tilt function.

Prices

When asked about how affordable the cars are, Mr. Hijazi explained that, “The Grand i10 starts at low thirteens (US$12,900). The Creta starts at low twenty-threes (US$23,000). This is where they start at an entry level. We do have flexible payment terms for anybody who is creditworthy for credit.”

Related Posts

Local Economy

Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

bycitibusinessnews

Ghana Airports Company Limited (GACL) has earned the prestigious title of "Most Profitable State-Owned Enterprise" for the year 2022 at...

Read more

IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

Zambia advises Ghana to have restrictive laws on debt accumulation 

Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

Customer Service Week: Pan-African Savings and Loans provides medical services to clients

Former Capital Bank CEO Ato Essien jailed 15 years

Next Post

Enforce safety standards to prevent gas explosions - COPEC to government

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.