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What Many Don't Know About Innoson Group - Business (4) - Nairaland

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Re: What Many Don't Know About Innoson Group by nwanyionitsha: 2:01pm On Oct 16, 2019
Akuruoulo:
Atleast I Know About The 25million Gwongworo They Gave To Bbnaija Winner
Of course,You can condemn what you can't afford.
Re: What Many Don't Know About Innoson Group by Xclusiveme: 2:01pm On Oct 16, 2019
JayPeeOham:
How come Dangote is the richest Man in Africa and not Innoson? undecided

Pls don't quote me if you don't have the wisdom to answer the question.

Why is Tom Ford Or Mercedes not the richest men in the world why jeff bezos? You are a very stupid person who reason with his nyash

1 Like

Re: What Many Don't Know About Innoson Group by nwanyionitsha: 2:02pm On Oct 16, 2019
Kennyswagz1:
Ordinary plastics again we nor go hear word
So,why are you here?
Re: What Many Don't Know About Innoson Group by sixtus3606(m): 2:04pm On Oct 16, 2019
This is it!

INNOSON to the world.

Congratulations Nigerians!

ProudlyNigeria

3 Likes 2 Shares

Re: What Many Don't Know About Innoson Group by wink2015: 2:04pm On Oct 16, 2019
The manufacturing sectors hold the key to Nigeria 's greatness.

The federal and state government should continue to encourage businesses like Dangote, Innoson to grow.

That will help to create jobs for the unemployed youth.

1 Like

Re: What Many Don't Know About Innoson Group by nwanyionitsha: 2:05pm On Oct 16, 2019
ornicus:


I am sure you have seen the breakdown of the costs of the g40

Converting the MSRP it comes to 9 million or so
No import duty on ckd
So your additional cost is delivery and reassembling
We have all seen photos of innoson factories
90% labor. Labor is cheap in this country
So how is it that a vehicle is being sold at 100 to 150 % above its cost, even with all the government incentives?

Simply put, Your man is trying to sell firman generators at Honda / Yamaha generator prices.

Any Nigerian considering an innoson car, who does a little research will figure this out, and that will be a lost customer. As it is , now that this is out In the open, I suspect that some higher ups in the army will start asking pointed questions about innoson supply quotes. the government is also looking to reduce expenditure and innoson will either have to reduce his prices or lose out.
You are not their customer. Buy what you can afford. Or better still open your own company since you know the breakdown.
Re: What Many Don't Know About Innoson Group by Johnkay225: 2:06pm On Oct 16, 2019
This is good .. Innoson is really doing a great job....

1 Like

Re: What Many Don't Know About Innoson Group by nwanyionitsha: 2:07pm On Oct 16, 2019
Sleevia:


What have you produced since you were born? What have you done that has changed the lives of people in your community.

The fact that talk is cheap does not mean we should talk reckless
Very envious lots.tufia.
Re: What Many Don't Know About Innoson Group by RICHOLAC(m): 2:09pm On Oct 16, 2019
kunmiiii:

I like where your head is at, just ignore the folks quoting you with insults, not their fault oo, because we don't pay attention to things like this sad
Yes you're right, she mean no hate. but some dudes here are just full hate on each other. Nigeria should look into that aspect, recycling encourages healthy environment, that is why China, korea, and America is a force in industrialization.
Re: What Many Don't Know About Innoson Group by ornicus: 2:11pm On Oct 16, 2019
nwanyionitsha:
You are not their customer. Buy what you can afford. Or better still open your own company since you know the breakdown.

And this is what makes you lot so foolish. You have no idea who anyone is, but you run your mouths.

Empty minded hustlers with no sense. This is what most of you, with your abrasive attitudes do so well, piss of existing and potential clients.

Anyway it's all good. Don't start crying marginalisation when the next batch of suvs ordered by customs or army is jac. Don't cry when your state govts have no more money because they blasted budget on overpriced underperforming vehicles.
Re: What Many Don't Know About Innoson Group by Lotechi(m): 2:27pm On Oct 16, 2019
Buy naija to grow the naira
Re: What Many Don't Know About Innoson Group by SKINDOGGY: 2:30pm On Oct 16, 2019
Everybody in dis system knows dat cost of production is highly costly innosson pays billions of naira monthly to EEDC yet no guarantee of steady power supply innosson also spend billions on gas and diesel monthly Soo after this expenditures you expect innosson products to be cheap?? If na u will u sell at penny rate bcus of home made stuff?
Let government fix d systems first
Sabby1:
Wow!

INNOSON GROUP should make prices of their products quite affordable without compromising quality for average and below average citizens as that would help make their group, company or products a household name.

Companies like this should be given absolute support and encouragement from the Federal government as that will also help upcoming or less financial stable companies.

INNOSON GROUP gat my profound respect

2 Likes

Re: What Many Don't Know About Innoson Group by geni340(f): 2:33pm On Oct 16, 2019
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1 Like 1 Share

Re: What Many Don't Know About Innoson Group by ziegurf(m): 2:34pm On Oct 16, 2019
Whether replica or no replica of any products.... Innoson is the best and we need more of his likes, others please wake up especially the polithiefians that doesn't know what to do with their jumbo salaries and allowances



Buhari is saying "I CHALLENGE YOU TAKE ONE POST" by land border closure, come back home and invest....


In case you don't know what/where to invest....contact me I'll teach/show you one or two among hundreds....
Re: What Many Don't Know About Innoson Group by Ategberoson(m): 2:35pm On Oct 16, 2019
nice one Mr innoson



I love you. the federal govt should give maximum support for this brainier man
Re: What Many Don't Know About Innoson Group by Menance: 2:36pm On Oct 16, 2019
I am sure Inno plast nylons is also by Innoson..
Re: What Many Don't Know About Innoson Group by Paulo3ree(m): 2:38pm On Oct 16, 2019
madmohamed:
evil man what did u do for a living
That's too much

Re: What Many Don't Know About Innoson Group by Kennyswagz1(m): 2:40pm On Oct 16, 2019
nwanyionitsha:
Very envious lots.tufia.
envious of plastics again gringringringrin
Re: What Many Don't Know About Innoson Group by SweetyZinta(f): 2:41pm On Oct 16, 2019
Indeed this post is front page worthy

Kudos to innoson, this is how to fight unemployment.
Re: What Many Don't Know About Innoson Group by Xano(m): 2:49pm On Oct 16, 2019
Anambralstson:
Mind you he is yet to enter stock market
He should not go public. He needs to protect his investments.

1 Like

Re: What Many Don't Know About Innoson Group by kelly72: 3:00pm On Oct 16, 2019
ornicus:
PR Offensive after the fallout of the overpriced chinko reskin

Anyone with a PHCN meter is aware of innosons plastics, as the case of prepaid meters have the innoson brand on them

The bone of contention raised and yet to be answered is WHY IS INNOSON CHARGING PREMIUM PRICES FOR LOW END CHINESE IMPORTS?

It brings his entire business into disrepute.

I expect the dodgy hustlers on Instagram to try to charge diamond prices for zirconium. I do not expect that from an ‘industrialist’

I ask you, between ofada rice and foreign polished rice which one is more tasty, better packaged and which is more costly here? Is Innoson producing ofada rice?

Whereas a foreign product sells cheaper because lots of the production cost was removed for the producer by his government by providing industrial infrastructure and cheap funds to ease business, his local counterpart must provide everything for himself and he must build those costs back into the product for marginal profit.

So when ignorant people like you keep ranting English asking why this why that, I challenge you to dare to produce anything in Nigeria and see if you will even know where to begin..

Inspite of all the disincentives for industrial output in Nigeria, Innoson and few others are scraping ahead, and what is worse, he loaned N1.3 billion from a Nigerian bank at a high interest rate of 27%. But the bank still turned round to steal N500 million of the money even though they are being repaid the principal sum with exorbitant interest. What then did Innoson gain from the transaction?The rogue bank has since then been delaying to pay a judgement debt of N9 billion slammed on them by the supreme Court of Nigeria and the amount is increasing daily against them..

So how is Innoson product or any other local industrial product going to compete with imported European, American or Asian product where government provide the enabling industrial environment, cost of finance is in single digit and banks still don't steal the money?

May wisdom and sense fall on you Sir.

3 Likes

Re: What Many Don't Know About Innoson Group by PotatoSalad(m): 3:06pm On Oct 16, 2019
Psalmy2cute:


The smell of jealousy is all over you.. is someone stopping you from opening a recycling company?? Oga environmentalist
Don't be silly.
The problem with Nigerians is that they don't know how to answer a crucial question. Everything is HATING to you people.
Re: What Many Don't Know About Innoson Group by paix(m): 3:07pm On Oct 16, 2019
Sunofgod:
Does he recycle any of the plastics he produces?

Plastic is a big environmental problem.
This should be an opportunity for you to get the recycling company running.
Re: What Many Don't Know About Innoson Group by ornicus: 3:08pm On Oct 16, 2019
kelly72:


I ask you, between ofada rice and foreign polished rice which one is more tasty, better packaged and which is more costly here? Is Innoson producing ofada rice?

Whereas a foreign product sells cheaper because lots of the production cost was removed for the producer by his government by providing industrial infrastructure and cheap funds to ease business, his local counterpart must provide everything for himself and he must build those costs back into the product for marginal profit.

So when ignorant people like you keep ranting English asking why this why that, I challenge you to dare to produce anything in Nigeria and see if you will even know where to begin..

Inspite of all the disincentives for industrial output in Nigeria, Innoson and few others are scraping ahead, and what is worse, he loaned N1.3 billion from a Nigerian bank at a high interest rate of 27%. But the bank still turned round to steal N500 million of the money even though they are being repaid the principal sum with exorbitant interest. What then did Innoson gain from the transaction?The rogue bank has since then been delaying to pay a judgement debt of N9 billion slammed on them by the supreme Court of Nigeria and the amount is increasing daily against them..

So how is Innoson product or any other local industrial product going to compete with imported European, American or Asian product where government provide the enabling industrial environment, cost of finance is in single digit and banks still don't steal the money?

May wisdom and sense fall on you Sir.


Oga, innoson is not the only one selling ckd in this country. Generators are also sold as ckd, and they are not sold at 150% markup

You are better off kit talking about innoson vs gtb, since there is that issue of forged bill of lading. An issue he is still facing both gtb and customs over.

You are free to continue defending dodgy business practices. Just do not whine over the fallout. You are not the only ones doing business selling ckd vehicles in this country. Others are doing same without obscene markups or disputes with government agencies or business partners.
Re: What Many Don't Know About Innoson Group by Nickshrapnel(m): 3:11pm On Oct 16, 2019
They should also start manufacturing Arms and ammunition, I don't think anyone is doing it yet
Re: What Many Don't Know About Innoson Group by RTSC: 3:12pm On Oct 16, 2019
ornicus:


Hustlers. Unable to expand their horizons. You are in the business of selling to the rest of this country. You do not have the numbers to make money selling among yourselves. Yet you still run your mouths when your potential customers call you out. Then you whine about marginalization and missed opportunities
Shut up.
You are busy whinning up and down.
Talking nonsense without any proof.

If innoson depended on you and yours, the poor man would not make a cent.

So shut up and go and patronise the saintly business men in your region.
It is not by force.

Mindless bigot

1 Like

Re: What Many Don't Know About Innoson Group by renewable1(m): 3:18pm On Oct 16, 2019
Nigeria shall be great again.

Congratulations!

8 hours electricity daily is possible with our 1kva solar system. Check my signature now
Re: What Many Don't Know About Innoson Group by RTSC: 3:19pm On Oct 16, 2019
ornicus:


Oga, innoson is not the only one selling ckd in this country. Generators are also sold as ckd, and they are not sold at 150% markup

You are better off kit talking about innoson vs gtb, since there is that issue of forged bill of lading. An issue he is still facing both gtb and customs over.

You are free to continue defending dodgy business practices. Just do not whine over the fallout. You are not the only ones doing business selling ckd vehicles in this country. Others are doing same without obscene markups or disputes with government agencies or business partners.
Can you show us proof it is CKD?Pictures of the CKD imports, e.t.c.

The man manufacture tyres, tubings, plastics, car wheels as can be seen from this thread.
Which means he has an industrial metal fabricating company.

What else does he need to import for his vehicles apart from the car engines, tempered glass and sensitive electronics which most big car manufacturers import too from specialised companies.?

You just spent time writing a huge pile of bitter nonsense.
I hope innoson starts suing backward poor nonentities like you.
By the time he cleans you of your existence, your eye go clear.

Wizards on nairaland.

2 Likes

Re: What Many Don't Know About Innoson Group by ornicus: 3:22pm On Oct 16, 2019
RTSC:

Shut up.
You are busy whinning up and down.
Talking nonsense without any proof.

If innoson depended on you and yours, the poor man would not make a cent.

So shut up and go and patronise the saintly business men in your region.
It is not by force.

Mindless bigot

The smallest minds on the planet. You wail everyday about marginalisation, Buhari, federal govt, 5%, but the federal govt of naija is your man's biggest customer.

You empty headed crybabies are pathetic.

Hustlers every last one of you. A golden opportunity to hype innoson cars was botched. Messed up by your own greed. Even now, you are still whining like emotional pikins, refusing to come to terms with reality. That is why your so called 'business acumen' continues to go nowhere.
Re: What Many Don't Know About Innoson Group by RTSC: 3:23pm On Oct 16, 2019
There is no car manufacturer in this world that manufactures its own engines and temprered glass.

Not Toyota, Mercedes, or BMW. The bulk of their job is in unique design and assembly.

Many of them import from engine companies like Bosch and a few others.

When innoson do the same, mindless bigots would call it CKD.

Hopeless idiots.

4 Likes

Re: What Many Don't Know About Innoson Group by kikake: 3:25pm On Oct 16, 2019
helinues:
This is a multi billions company..

Those are my mentors.. Business Diversification

....and this, while others are pumping multi billion Naira into search for crude oil, as if crude oil and gas are all there is for a country to survive.

Re: What Many Don't Know About Innoson Group by RTSC: 3:26pm On Oct 16, 2019
ornicus:


The smallest minds on the planet. You wail everyday about marginalisation, Buhari, federal govt, 5%, but the federal govt of naija is your man's biggest customer.

You empty headed crybabies are pathetic.

Hustlers every last one of you. A golden opportunity to hype innoson cars was botched. Messed up by your own greed. Even now, you are still whining like emotional pikins, refusing to come to terms with reality. That is why your so called 'business acumen' continues to go nowhere.
Shut the fucckk up, you bigot.
Where do you come from again?

Nothing intelligent, just mindless bigotry. Fortunately, there are people like us here to lay you bare before you poison naive people here.

I don't want to get a ban, that is your only saving grace.

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