Business
Toyota Nigeria Limited Announces Three Electric Vehicles and CNG Conversion Support
Toyota Nigeria Limited (TNL) has revealed plans to launch three electric vehicles in Nigeria over the next three years, aligning with the government’s green deal initiative. The announcement was made by TNL’s Managing Director, Mr. Kunle Ade-Ojo, during the maiden edition of the Toyota Motor Show organized by TNL. The new hybrid electric vehicles slated for introduction are the Toyota Cross, RAV4, and Land Cruiser Prado.
Electric Vehicles Rollout Plan
Mr. Ade-Ojo outlined the timeline for the rollout of these vehicles. “By the end of this year, we’ll be introducing our first hybrid electric vehicle, Toyota Cross. Next year, we’ll introduce the RAV4 hybrid. And late next year or early 2026, we would be bringing in the Land Cruiser Prado hybrid,” he stated. This strategic move demonstrates TNL’s commitment to supporting Nigeria’s transition to cleaner and more sustainable transportation options.
Support for Compressed Natural Gas (CNG) Vehicles
In addition to the electric vehicle initiative, TNL is set to lend its extensive network of workshops to bolster the Federal Government’s campaign for the use of Compressed Natural Gas (CNG)-powered vehicles through conversion. “We are almost concluding arrangements with different partners to use our network of workshops for vehicle conversion to CNG-powered,” said Ade-Ojo. This initiative aims to provide an alternative fuel option that reduces greenhouse gas emissions and offers cost savings to vehicle owners.
Market Performance and Projections
Reflecting on the market performance, Mr. Ade-Ojo recalled that Nigeria sold about 10,000 new vehicles last year, with Toyota accounting for approximately 1,500 units. He projected that about 15,000 new vehicles would be sold in Nigeria this year, with Toyota on course to double its performance from the previous year. This optimistic outlook is supported by TNL’s strategic initiatives and product offerings.
Toyota Motor Show Highlights
The exclusive Toyota Motor Show, held from June 27-29 in Lekki, showcased a variety of activities and highlighted TNL’s commitment to customer engagement and satisfaction. The event featured vehicle displays, two new Toyota product launches, special after-sale packages, test drives, and engaging interactions. The three-day event was designed to resemble international auto fairs, providing a cozy and spacious environment that included a Body and Paint Section, a Spare Parts cubicle, and a Service area.
Outside the hall, an international test-drive arena allowed customers to experience the performance of Toyota vehicles firsthand. The event attracted top government officials, influential CEOs, and other key stakeholders, who were given personalized tours by Mr. Ade-Ojo and other TNL executives. These interactions provided detailed insights into each displayed vehicle and the comprehensive after-sales services available.
Customer-Centric Approach
Mr. Ade-Ojo emphasized the importance of the motor show in strengthening customer relationships and showcasing TNL’s range of services. “While we’re still participating in other shows, this solo Toyota Motor Show will enable us to concentrate on our customers’ needs, giving them a view of our range of vehicles and letting them know other things we can do for them in terms of after-sale service, spare parts availability, and body and paint, as well as other value-adding services,” he explained.
The event also featured free diagnostics on customers’ vehicles and test drives, creating a relaxed and comfortable environment for attendees. Mr. Ade-Ojo expressed satisfaction with the turnout and the positive feedback received, stating, “It was a wonderful outing. Everybody enjoyed the ability to come and have a one-on-one interaction with our team.”
In conclusion, Toyota Nigeria Limited’s announcement of launching three electric vehicles and supporting CNG conversion underscores its commitment to innovation, sustainability, and customer satisfaction in Nigeria’s evolving automotive market.
Business
Disneyland Increases Ticket Prices for Peak Days and Annual Passes
Disneyland has announced a price increase for tickets during its busiest days, effective immediately. While the entry-level ticket will remain at $104, as it has for the past six years, other tiers based on demand will see price hikes ranging from $7 to $12, marking an increase of about 6%. The price hikes affect tickets for high-demand periods such as holidays and school vacations.
In addition to single-day tickets, the cost of Disneyland’s Magic Key annual passes will rise by between $100 and $125, depending on the tier, with increases ranging from 6% to 20%. The new prices include $599 for the Imagine pass, $974 for the Enchant pass, $1,374 for the Believe pass, and $1,749 for the Inspire pass.
Despite the increases, Disneyland is offering discounted options for visitors during off-peak times. A $50 children’s ticket offer will be available starting on October 22 for use beginning January 7. Additionally, a promotion allows a family of four to visit the park for $308 in January or February—two $104 adult tickets and two $50 children’s tickets.
Jessica Good, a Disneyland Resort spokesperson, emphasized that Disney continues to provide a wide range of ticketing, dining, and accommodation options, along with promotional offers throughout the year, aiming to make the park accessible to as many families as possible.
The tiered ticket system, similar to pricing models in the airline and hotel industries, is designed to balance demand throughout the year. Tickets in the highest demand Tier 6, for holidays like Christmas and Halloween, will increase to $206 per ticket.
While the cost of Disney’s theme park experiences has drawn criticism from some consumers, the company maintains its commitment to offering budget-friendly options for guests who visit during less busy periods.
Business
Travelers Brace for Hurricane Milton: Airlines, Theme Parks, and Cruise Lines Adjust Plans
With Hurricane Milton rapidly approaching Florida’s west coast, travel plans across the region are being significantly disrupted. The Category 4 storm, carrying winds of up to 145 mph, has triggered widespread cancellations, route changes, and closures as airlines, theme parks, and cruise lines prepare for its anticipated landfall on Wednesday.
Florida Governor Ron DeSantis declared a state of emergency across more than 50 counties, with the National Oceanic and Atmospheric Administration (NOAA) warning that Hurricane Milton is expected to hit Florida’s west coast with dangerous force.
Airports are taking precautionary measures, with Tampa International Airport suspending operations early on Tuesday, stating that it will “reopen when safe to do so.” Orlando International Airport, a major hub, announced it will close by 8 a.m. on Wednesday. Southwest Airlines, which accounts for a significant portion of flights in and out of Orlando, has already canceled 402 flights for Wednesday. FlightAware reports that over 85% of flights at Orlando International Airport have been grounded for the day, with many more cancellations at Tampa and Southwest Florida International airports.
Theme parks are also responding to the storm. Busch Gardens Tampa will be closed from Tuesday through Thursday, while SeaWorld Orlando remains open for the time being but continues to monitor Hurricane Milton’s path closely.
Cruise lines have been proactive as well, with Carnival informing passengers that ports in Jacksonville, Tampa, and Miami are likely to close. As a result, several routes and destinations have been altered to steer clear of the storm’s impact.
As Hurricane Milton nears, travelers and local residents are urged to stay informed and adjust plans accordingly, with further disruptions expected in the coming days.
Business
States Sue TikTok, Alleging Impact on Teen Mental Health Crisis
A coalition of 14 U.S. states has filed lawsuits against TikTok, accusing the social media giant of exacerbating a mental health crisis among teenagers. The bipartisan group of attorneys general claims the platform’s addictive features target young users, misleading the public about the safety of prolonged use, and contributing to negative mental health outcomes.
In the lawsuit, filed in New York, the attorneys general argue that TikTok intentionally designed features that drive compulsive use, negatively affecting millions of teens. New York Attorney General Letitia James stated that TikTok’s influence has led to tragic incidents, including the death of a 15-year-old boy in Manhattan, who died while “subway surfing” after watching similar videos on TikTok.
James emphasized that many teenagers are struggling with increased anxiety, sadness, and depression, attributing some of these effects to the app’s alerts, disappearing videos, and beauty filters. These features, she said, encourage constant checking of the platform and contribute to issues surrounding body image.
TikTok, which is already grappling with legislation that could ban it from the U.S. unless its parent company, Bytedance, sells the app, called the lawsuit “disappointing.” The platform contends that it has introduced tools to limit screen time and content exposure, but the lawsuit claims these tools are ineffective.
In addition to the mental health accusations, the lawsuit also points to TikTok’s virtual currency as running an unlicensed money transmission business in Washington D.C. The plaintiffs seek financial penalties and a court order to halt TikTok’s practices that allegedly harm teenagers.
TikTok has responded by defending its efforts to protect young users, stating, “We strongly disagree with these claims,” and reaffirming their commitment to improve the platform.
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