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Nairaland Forum / Nairaland / General / Autos / Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity (33144 Views)
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Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by GogetterMD(m): 8:56pm On Aug 31, 2016 |
Ghost447:It's called sarcasm |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by adconline(m): 8:56pm On Aug 31, 2016 |
Quakertellicus1:Stop misinforming yourself. Powertrain is the most difficult and complex system to build. Chinese and Indian auto manufacturers are still using engines built by Japan and US today. What an arrogantly sophisticated prick!! 8 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Ohaneche(m): 8:57pm On Aug 31, 2016 |
Nnewi is now in southern Nigeria arbi? All this una propaganda sef. |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by redcap: 8:57pm On Aug 31, 2016 |
Quakertellicus1: In this modern age you don't need to reinvent the wheels.its more cheaper to import these readily available components,same reason why most auto majors have abandoned their engine moulds and have since outsourced from companies whom there area of expertise and businesses are centered around making vehicle engines.They most certainly have a better comparative advantage as they can offer any engine type for a far more cheaper price. 3 Likes 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by basilo101: 8:58pm On Aug 31, 2016 |
Quakertellicus1:NNEWI, Nigeria, Aug 31 (Reuters) – At a factory in southeast Nigeria, dozens of new white buses stand at the end of the production line, apparently ready to take on some of Africa’s toughest roads. Unfortunately for Nigeria’s main domestic vehicle assembly firm they are going nowhere for now. In an economy starved of dollars because of the slump in oil prices, Innoson Vehicle Manufacturing (IVM) cannot buy imported components, leaving the buses without engines – a metaphor for the problems afflicting Africa’s most populous nation. Read carefully, the buses are ready but the imported component i.e. the engine is the problem, this report shows that innoson produce his vehicles otherwise he could not have made the buses leaving only engines. |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:03pm On Aug 31, 2016 |
adconline: And guess what...it is the Japanese and US manufacturers that are still selling most of the cars used in the world today. Them Chinese and Indians wont get anywhere until they get local content improved. Innoson's problem is forex. If he was assembling enough cars....ie something like 1 million every year...he would have been able to make enough forex to keep on assembling and buying foreign tech until he was able to put his R and D team together...and Ajaokuta was working...for him to save money by doing everything at home. But Innoson is not assembling enough cars...and was dependent on government patronage...which worked so long as oil prices were high. Thing is....Innoson should have focused during the times of plenty....of making the engines in Nigeria. Not importing them from outside...which is too risky. Chinese and Indian companies sell in high volume (Tata of India produced 580000vehicles in one year...Innoson does not get up to 10000 a year)...to earn money for those powertrains. 1 Like 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by adconline(m): 9:05pm On Aug 31, 2016 |
Quakertellicus1:How can you build Ajaokuta when power generation was 0MW? Producing steel is less proprietary technology than manufacturing car engines!! Also, how many Naija universities offer automotive engineering and design?! 3 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by theophorus(m): 9:06pm On Aug 31, 2016 |
It's getting real and I hope those people lying to themselves that they are producing this and that and that they are the largest economy in African can now see for themselves that GDP rebasing is Scam. Assembly plant is not the same as Manufacturing plant... #welcome to the REAL World. You better stop lying to yourself and start fighting your leaders when they steal you dry and give you peanut without the developing you Country. God Deliver Nigeria. #OPTIMISTIC. 2 Likes 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Ghost447(m): 9:06pm On Aug 31, 2016 |
GogetterMD:Hmmm |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:06pm On Aug 31, 2016 |
basilo101: He has the forex to import all the parts...except for the engines. If he had a domestic engine manufacturing plant...which is what Ajaokuta and govt research sites like PRODA and CADD would have provided...we won't have been talking about this problem here. You cannot be a car manufacturer without being able to design and make your own engines.And engines cost a lot of money to make and design...and as a result...are very expensive. 1 Like 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Fawklicant: 9:07pm On Aug 31, 2016 |
celestialAgent: Ogbeni, there is no car manufacturer that manufactures all its components, just like there is no electronics company that manufactures all its components. There are companies whose sole product is just fuel pump or other related part. A car/electronic manufacturing company can partner/fund a research with the component manufacturer for a certain variation or specification of one or more components. That is how the manufacturing process works. As a farmer, you cannot grow all your crop needs and still make commercial quantities available. 3 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Rocketicon(m): 9:07pm On Aug 31, 2016 |
Between GEJ And GMB! Who is Clueless? Lolz hahahahahahahaha!! Have u Blame Jonathan today?? Feel the Chanji |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Fedayeen02: 9:07pm On Aug 31, 2016 |
Quakertellicus1:oga which local source? Tell me that car component that is 100% manufactured in Nigeria. Tell me the raw material in Nigeria that yo can use to manufacture some engine components 1 Like |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by permanentgrace(m): 9:08pm On Aug 31, 2016 |
celestialAgent: So where do you have the raw materials to produce all the parts locally? 3 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:09pm On Aug 31, 2016 |
adconline: That is where we put pressure on the government to fix the lights and fix the funding problem in our education sector....and develop an economy that is not oil dependent. APC get work....and that is what I would be judging them on. No more ''I will build roads'' government. Nigeria has to change...and not just this government. 1 Like 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by redcap: 9:10pm On Aug 31, 2016 |
basilo101: The guy you quoted doesn't know what he's saying. I was at innoson plant several times last year and I can tell you that all thebody parts (metal/plastics) are wholly made in that factory. The tires are brought in from his other factory in the east.People don't travel all they do is lazy around and busy creating a mental picture of how successful people made their money. 5 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Reference(m): 9:10pm On Aug 31, 2016 |
deji15: Good one. Where is the Ministry of Finance, Industries and that of Trade and Investment and Science and Technology. This is where they earn their pay. By taking a hard look at all forex requirements and categorizing them according to 0% local substitution, partial local distribution and 100% local substitution by scouring the entire length and breadth of Nigerian local industries. You will be surprised to find just how much is available locally but is ignored on grounds of quality, price and preferences. SON should mandate manufacturers to ensure that their products to be sold in Nigeria publish their local vendors in regular newsletters and their local contents on every package with the Nigerian flag or other insignia boldly printed. Create a partnership, synergy or a platform where local producers and manufacturers can interact at the highest levels of governme to streamline production quality, costs and inventories. 1 Like 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:10pm On Aug 31, 2016 |
Fedayeen02: We have it....it is just that we would rather sell it off to earn money to share amongst ourselves ...rather than use it to fire our local industrial sector. |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by adconline(m): 9:11pm On Aug 31, 2016 |
Quakertellicus1:Tell us how many cars Tata produced in its first 5 years of operation? How come Fiat, Cummins, AVL are still building engines for Tata motors in spite of being in business for over 70yrs?? 2 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:12pm On Aug 31, 2016 |
adconline: Because Tata can pay them to do the job...because Tata motors is part of a larger conglomerate by the by. 1 Like 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by basilo101: 9:13pm On Aug 31, 2016 |
from innoson facebook page ten hours ago http://innosonmotors.com/innoson-motors-employs-200-niger-delta-ex-militants/ |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by urchmanx(m): 9:14pm On Aug 31, 2016 |
Outsourcing has lead to a very wide extent. There is virtually no example for any part of a car which is not made by anybody else. The classical car factory makes many things which are made out of metal, which is mainly the engine, the body structure, doors and lids. But even this sometimes comes from a ccoperation. The body of the Porsche Cayenne is made by a factory in Slovakia which also makes the bodies for Audi Q7 and VW Touareg. BMW, Chrysler and Toyota used to share engines made in Brazil for different cars. Ford and VW ran a factory in Portugal for decades, which assembled the Ford Galaxy, VW Sharan and Seat Alhambra. Today the depth of manufacturing (i.e. the amount of work done at a car opposed to the parts bought from somewhere else) is below 50%. Most car makers run factories for their engines (they do not buy them from other sources), but many of them do not built their own gearboxes or suspension components. Today often even the assembly is outsourced. In former times it was common to assemble a dashboard from parts delivered by a third source. Today car manufacturers like VW get a complete dashboard with all the gauges, display, car entertainment and navi system delivered to the assembly line. This was copied from a simple google search. No car assemble manufacture 100% of its parts. Car companies share parts. Innoson build the body frame and plastics. So he is grouped under car manufacturing company. People should read before talking. 5 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by adconline(m): 9:14pm On Aug 31, 2016 |
Quakertellicus1:False!! Not true! Most car companies don't build their engines!! 1 Like |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by DjAndroid: 9:14pm On Aug 31, 2016 |
LabiaMajoraDest:burukutu-sipping,gworo-chewing, daura dull.ard.... 3 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Fawklicant: 9:15pm On Aug 31, 2016 |
Quakertellicus1: Innoson manufactures 70% Of its parts in Nigeria. There is a plastics and fibre plant in Emene, Enugu. 4 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:16pm On Aug 31, 2016 |
adconline: But the big guys have the ability to do so. Anyway....if Innoson wanted to solve his forex problems....he had to have been a large volume manufacturer of cars. It is that simple. |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by ladyF(f): 9:16pm On Aug 31, 2016 |
Buy naira to grow naira, they said. Patronize Innoson to grow naira, they said. This same innoson is dependent on forex. I must have missed something... 1 Like 1 Share |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by no1madman(m): 9:17pm On Aug 31, 2016 |
Dyt:Na lie! |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by ozoebuka1(m): 9:17pm On Aug 31, 2016 |
celestialAgent:see as u dey talk like say u na Kenyan man, like say wetin u dey talk, no be human beings like u dey do am, like say you don't even have hopes that you can do it...I pity u. 3 Likes |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:18pm On Aug 31, 2016 |
Fawklicant: So long as he cannot make the engine...and so long as he is not making enough cars to sell for export and forex....he won't be able to solve his forex issues. 1 Like |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by Nobody: 9:20pm On Aug 31, 2016 |
Reference: I agree. Like an adage in my language that says: It is time to re pound the yam and to re make the soup. The other thing is that these things require time. |
Re: Innoson Motors Stops Production, Sack Of Workers Imminent Over Dollars Scarcity by frankopit: 9:22pm On Aug 31, 2016 |
celestialAgent: Pls can u name a car manufacturing company that produces all it's parts and tire,plugs.they only work in alliance with other parts manufacturing specialist.befor u browse internet , u bought phone , sim from diff sources.eg danso plug and coil are not produce by Toyota but mostly in Toyota cars 1 Like |
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