Currently building about five units of vehicles on a single shift per day, Dangote Sinotruck West Africa Limited has revealed its first set of locally assembled truck in Lagos.
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The first set of Nigeria-assembled Toyota cars will be rolled out in a couple of months, the Chairman, Toyota Nigeria Limited, Chief Michael Ade-Ojo, has said. He spoke in Lagos at the unveiling of an automobile assembling plant dedicated to the production of two vehicle brands, Toyota and JAC, with a target of 15,000 vehicles yearly. “The semi-knocked down parts […]
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The Federal Government has set up N25bn revolving loan scheme for transport companies in the country for purchase of mass transit vehicles. The Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah, disclosed this in Abuja on Tuesday at the opening of a two-day national workshop for chief executives of mass transit companies. Enelamah said the initiative was aimed at […]
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New after-sales initiative introduced by Elizade Toyota is aimed at helping Nigerians survive current economic slowdown, the organisation has said. Managing Director of Elizade Nigeria Limited, Ademola Ade-Ojo, said the organisation has introduced a driver loyalty card, expanded its maintenance centres and currently considering a discount voucher reward system that would offer 50 per cent discount on service and 17.5 […]
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As part of measures to support Nigeria’s National Automotive Industry Development Plan (NAIDP, representative of Suzuki Motors in Nigeria, Boulos Enterprises Limited said it will soon begin to roll out Suzuki vehicle in the country. The organisation, which ceased its representation of a three-wheeler, Piaggio earlier in the year, told The Guardian in Lagos that it has made progress in […]
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Globe Motors Nigeria, says it has concluded plans to roll out its $150 million (N29.55 billion) auto assembly plant next month in Lagos which has the capacity to produce 6,000 vehicles annually at the start. Chairman of Globe Motors Holdings, Mr. William Anumudu, told journalists in Lagos that over 10,000 jobs would be created indirectly as a result of the […]
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The National Automotive Design and Development Council (NADDC), yesterday, said the total installed vehicle assemblage capacity in the country will reach 200,000 before the end of the year. With new automakers, including Century Auto (Toyota), TATA, Coscharis Auto (FORD, Joylong, Dongfeng), Globe Motors (Higer, Globe), Leventis (FOTON -Diamler), Kewalram Chanrai (GM, Mitsubishi) and Tilad (Shinery), Director General of NADDC, Aminu […]
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As part of efforts to reduce the rate of speed-related accidents in Nigeria, the National Automotive Development and Design Council has directed all vehicle manufacturing plants in the country to install the speed-limiting device in their vehicles. A deadline for compliance on the installation of the device in all vehicles being imported into the country has also been given.
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The Federal Government on Friday said it had suspended the issuance of new licences to automobile companies applying to establish vehicle assembly plants in Nigeria. This is coming after it had reportedly registered about 35 firms to start the production and assembling of new vehicles and motorcycles in different parts of the country.
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