ENUGU—Low and middle class Nigerians desiring
to own brand new cars will soon realise their
dreams as indigenous automobile manufacturing
firm, Innoson Group of Companies, is set to launch
its new products.
The firm, which manufactures cars, buses, tankers
and other products, would from August 8
introduce brand new cars into the Nigerian
automobile market at the cost of N1.5 million.
Chairman and Chief Executive of the company, Mr.
Innocent Chukwuma, who announced this in Enugu
yesterday, said the cars which would be fully air
conditioned and come with other gadgets were
made for Nigerians to have access to brand new
cars.
The costliest of the coming cars, according to him,
would be bought at N3.5 million.
Chukwuma, who spoke at the road show organised
by Empower Nigeria at the Enugu campus of the
University of Nigeria, Nsukka, told the students of
the university how he started venturing into
diversified enterprise.
He 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.”
The Innoson Group Chairman told the audience
that his company was not into car assembly but
actual car manufacturing.
Chukwuma said: “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.”
Chukwuma said his workforce has hit over 7,500,
expressing happiness that he had contributed
immensely to the nation’s economy.
The founder of Empower Nigeria and President of
Anabel Group, Nicholas Okoye expressed delight
that such a successful entrepreneur like
Chukwuma was able to honour the invitation to
speak to the youths, regarded as the leaders of
tomorrow.


http://www.vanguardngr.com/2014/07/innoson-roll-n1-5m-cars/?utm_source=&utm_medium=twitter

Cars at 1.5million will make sence, if durable.

It will be great buying brand new cars at that price, kudos Innoson.