– Innoson company plans to present brand new cars for cheaper prices
– The cars will have all needed gadgets

Innoson Group of Companies is set to launch its brand new cars oriented for low and middle class Nigerians.
The company, which produces cars, buses, tankers and other products, will from August 8 launch brand new cars into the Nigerian auto-market at the price of N1.5 million.

Innocent Chukwuma, the chairman of the firm, who informed about this in Enugu on February 23, said the vehicles which would be fully air conditioned and come with other gadgets were made for Nigerians to have access to brand new cars.
Chukwuma said: “ I will launch my own cars in about two weeks time. And the cars will cost between N1.5 million and N3.5 million, depending on the cadre.”
“Some people think that my factory is an assembly plant, but they are wrong. We do not assemble, we manufacture.
“Eighty percent of Nigerians do not believe that we manufacture vehicles in my company. But we do manufacture.
“The raw materials are bought from different countries and some in Nigeria.”
Source.....https://www.naij.com/742634-good-news-innoson-launches-new-cars-low-middle-class-nigerians.html

good

Ok. Thanks!

Tanx 4 clearing there doubts.

Good thinking, nice concept

Nice1. God bless Nigeria.

nice one.

Sure, the fall of crude oil is the begging of industrialization in Nigeria.
I pray for oil to drop the more!

Ehmmm abeg how is 1.5 million for the low? I was thinking picanto range for 500k sef.

acenazt:
Ehmmm abeg how is 1.5 million for the low? I was thinking picanto range for 500k sef.

when you import raw materials from scarce forex at 300/$, pay workers and buy diesel to power your factory not forgetting bank interest and tax, you can choose to sell for free and we will rush. Even if they sell the car at 300k you will not buy you know why? you no get money

Omo ibo with brain.

Good development. But I hope it'd be "bigger" than picanto and i10 in terms of capacity and size.



Cos most of the time we hear of a brand new vehicle produced around that amount, its always nothing more than a picantoish cycle. Guyz go prefer make dem go buy tokunbo EOD/BIG DADDY than driving a brand new picanto. All the same, its a welcome development. We need more of this for competition.

Finally, Seun can now get official vehicles for Lala and the other mods in order to #grownairalandgrownigeria

Proudly made in Nigeria, bravo. But let your outlet be in every strategic place in the country so customers can easily source parts of your product.

jmichlins:
when you import raw materials from scarce forex at 300/$, pay workers and buy diesel to power your factory not forgetting bank interest and tax, you can choose to sell for free and we will rush. Even if they sell the car at 300k you will not buy you know why? you no get money

funny you. I get,i no get is not something u know. Just cus i spoke 4 d low income earners doesnt mean i earn low.

acenazt:
funny you. I get,i no get is not something u know. Just cus i spoke 4 d low income earners doesnt mean i earn low.

you do not speak for the low income earners but discourage the spirit of enterprenuership

Hope the cars will be durable and good for Naija roads

jmichlins:
when you import raw materials from scarce forex at 300/$, pay workers and buy diesel to power your factory not forgetting bank interest and tax, you can choose to sell for free and we will rush. Even if they sell the car at 300k you will not buy you know why? you no get money

Hahahahaha

jmichlins:
when you import raw materials from scarce forex at 300/$, pay workers and buy diesel to power your factory not forgetting bank interest and tax, you can choose to sell for free and we will rush. Even if they sell the car at 300k you will not buy you know why? you no get money

Technical knockout

Nice one from omo ibo. Na dis kind one we need

Nice One from them

Hope the price no go pass 2m.

Great!!!
Govt should just totally ban Tokunbo, afterall if u can afford a million plus for tokunbo, u can equally get a new car for that amount.

ChappyChase:
Hope the price no go pass 2m.

Sure ur parents hid their money in ur textbook, else u would know the price was stated.

jmichlins:
when you import raw materials from scarce forex at 300/$, pay workers and buy diesel to power your factory not forgetting bank interest and tax, you can choose to sell for free and we will rush. Even if they sell the car at 300k you will not buy you know why?you no get money

bad guy

You manufacture eh? Do you have a stamping plant? if not you are assembling. Nothing wrong with assembling mind you, it's the 1st step along the path to manufacturing.

Nice one....the cheaper the better. Nigeria must stop importing second hand used cars. We have turned to dumping ground for condemned automobiles

am getting one

This is encouraging

Still some fo*ls don't see how PMB's policy improve entrepreneurship in Nigeria

August 8th! Lemme bookmark that date and start saving 1.5 million for a brand new tear rubber. Make e no be Picanto, 207, Golf kinda size oh

Dem still no go believe cos glaring truth dey give them stomach ache. Some of them go still come up with the words that the cars are accident prune but many of them don't even own a bicycle wheel. Make God continue to bless our struggle jor