Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,582 members, 7,958,796 topics. Date: Thursday, 26 September 2024 at 01:23 AM |
Nairaland Forum / Nairaland / General / Autos / Ford Motor Company To Start Assembly Plant In Nigeria (733 Views)
Your Motor Guru Is Here! Ask Your Questions... / Yamaha Opens New Assembly Plant In Lagos / Ford Motors USA To Open Assembly Plant In Nigeria In Q4 2015 - Detroit Free Pres (2) (3) (4)
Ford Motor Company To Start Assembly Plant In Nigeria by Nobody: 2:07pm On Aug 12, 2015 |
Ford Motor Company will start assembling its best-selling Ford Ranger pickup truck in Nigeria by the fourth quarter, as it expands in Africa and the Middle East, the US automaker said on Tuesday.The Nigerian assembly plant, in partnership with Ford dealer Coscharis Motors Limited, is the first outside South Africa, where Ford produces the Ranger for148 markets.“Nigeria is a priority market for us in sub-Saharan Africa,” said Jeff Nemeth, the president and CEO of Ford Motor Company’s business in sub-Saharan Africa.“Depending on how Nigeria develops over time, we are potentially looking at using our Nigerian plant to service West Africa,” he told Reuters.The auto market in Africa’s biggest economy has huge potential but retails only a small amount of new vehicles annually, Nemeth said.AdvertisementHe said the sector is dominated by imported used vehicles, while limited financing for consumers to buy new vehicles and the absence of an industrial policy that would encourage suppliers to set up in Nigeria have stunted growth.The Ikeja plant near Lagos will assemble the Ford Ranger using parts and components imported from South Africa. The plant will have the capacity to assemble up to 5,000 units annually, which will be sold in Nigeria.Ford produces 85,000 units each year in South Africa, which are sold across 24 African countries.“It would take between 1 to 2 months to take an order, build it and deliver it within the country. If you order from overseas it would take between 4 to 6 months,” Nemeth said, noting that the benefit of the Nigerian plant was being close to its customers.Rival automakers, Renault-Nissan, South Korea’s Kia Motors and Germany’s Volkswagen have announced plans to assemble vehicles in Africa’s most populous nation. http://www.today.ng/money/08116432-ford-plans-assembly-plant-in-nigeria/?utm_source=&utm_medium=twitter 1 Like |
Re: Ford Motor Company To Start Assembly Plant In Nigeria by Georgekyrian(m): 2:10pm On Aug 12, 2015 |
Fast growing change |
Re: Ford Motor Company To Start Assembly Plant In Nigeria by rildwanullahi(m): 2:35pm On Aug 12, 2015 |
Welcome |
Re: Ford Motor Company To Start Assembly Plant In Nigeria by vRendoh(m): 3:22pm On Aug 12, 2015 |
GOOD NEWS |
Re: Ford Motor Company To Start Assembly Plant In Nigeria by gbadaniyi(m): 11:30am On Sep 27, 2016 |
For next auto key duplication and remote programming, and comprehensive auto diagnosis call saabtechkeys on 08077983808., 08022667966 we will be there in no time www. saabtechkeys. com
|
(1) (Reply)
Urgently In Need Of A Vehicle Within The Range Of 700k / ################ Awoof Tokunbo 2004 Toyota Corolla...price 1.180m Not Negotiable / Lexus RX 300 For Sale!!!!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |