₦airaland Forum

Diana Chen, the chairperson of CIG Motors Limited and a dealer in GAC brand of automobile, is exploiting lapses in Nigeria’s business environment to perpetrate gross atrocities against Nigerians, ALEDEH has gathered.

CIG Motors Limited whose 90 percent shares are owned by Chen, signed a pact with Guangzhou Automobile Group Motor Co Ltd (“GAC Motor”), to establish and manage distribution network in Nigeria, West Africa, a situation which was believed to be of great benefit to Nigerians, but suddenly snowballed into a “Chinese affair”, sources tell ALEDEH.

Chen, a Chinese national, ALEDEH gathered has edged out several Nigerian automobile dealers from importing cars from China especially GAC brand of automobile.

“She is trying to monopolize GAC brand of automobile”, a source who is familiar with her dealings told ALEDEH, “she has blocked Nigerian dealers from importing the vehicles to make it cheaper for us”, the source added.

Recently, GS8, a product of GAC Motor was awarded the exclusive honour of “2018 Top Safety Car” among 7-seater SUVs from C-NCAP, the highest national recognition for automotive safety.

Speaking on the development, a source familiar with Chen’s administration in Nigeria, told ALEDEH that despite the high demand for GS8 and other GAC products in Nigeria, the Chinese automobile distributor might lead the brand into extinction in the oil-rich West African country if her excesses are not checked by GAC Motor.

“Although GS8 manufactured by GAC Motor is a good car with high demand in Nigeria, the company is not well represented in Nigeria by Diana Chen”, the source told ALEDEH, lamenting that “she will lead the brand into extinction in the Nigerian automobile market if nothing is done by the management of GAC Motor”, the source added.

Sources tell ALEDEH that Mrs Chen imports GAC brand of automobile into Nigeria, sells and sends the money back to China, rather than investing it here in Nigeria, thereby stopping Nigeria and Nigerians from benefitting from the Chinese automobile company presence in the country. Chen’s activities are against the trade agreement between Nigeria and China, ALEDEH can report.

“Chen could be into money laundering, she repatriates money to China after making sales here in Nigeria – Nigeria is not benefitting from her so why is the Nigerian government not saying anything about this?” a furious source who is in the know about Chen’s activities told ALEDEH.

ALEDEH gathered that representatives of GAC Motor came to Nigeria late last year to meet with some Nigerian dealers with the aim of granting them ‘dealership’ but upon getting to China; Chen got hold of the information and thereafter blocked the deal in China.

Read: https://aledeh.com/exclusive-chinese-diana-chen-edges-out-nigerians-from-gac-cars-importation-accused-of-running-a-labour-camp/

KICK HER OUT OF NIGERIA.
Damned Chinese!!

What would she invest the money in to, in Nigeria? Abegi una free am jooooor! This is just propaganda by the Nigerian marketers skyrocketing the cost of acquisition of the cars for their own benefit. She's only trying to cut out middlemen

PurityPhils:
Diana Chen, the chairperson of CIG Motors Limited and a dealer in GAC brand of automobile, is exploiting lapses in Nigeria’s business environment to perpetrate gross atrocities against Nigerians, ALEDEH has gathered.

CIG Motors Limited whose 90 percent shares are owned by Chen, signed a pact with Guangzhou Automobile Group Motor Co Ltd (“GAC Motor”), to establish and manage distribution network in Nigeria, West Africa, a situation which was believed to be of great benefit to Nigerians, but suddenly snowballed into a “Chinese affair”, sources tell ALEDEH.

Chen, a Chinese national, ALEDEH gathered has edged out several Nigerian automobile dealers from importing cars from China especially GAC brand of automobile.

“She is trying to monopolize GAC brand of automobile”, a source who is familiar with her dealings told ALEDEH, “she has blocked Nigerian dealers from importing the vehicles to make it cheaper for us”, the source added.

Recently, GS8, a product of GAC Motor was awarded the exclusive honour of “2018 Top Safety Car” among 7-seater SUVs from C-NCAP, the highest national recognition for automotive safety.

Speaking on the development, a source familiar with Chen’s administration in Nigeria, told ALEDEH that despite the high demand for GS8 and other GAC products in Nigeria, the Chinese automobile distributor might lead the brand into extinction in the oil-rich West African country if her excesses are not checked by GAC Motor.

“Although GS8 manufactured by GAC Motor is a good car with high demand in Nigeria, the company is not well represented in Nigeria by Diana Chen”, the source told ALEDEH, lamenting that “she will lead the brand into extinction in the Nigerian automobile market if nothing is done by the management of GAC Motor”, the source added.

Sources tell ALEDEH that Mrs Chen imports GAC brand of automobile into Nigeria, sells and sends the money back to China, rather than investing it here in Nigeria, thereby stopping Nigeria and Nigerians from benefitting from the Chinese automobile company presence in the country. Chen’s activities are against the trade agreement between Nigeria and China, ALEDEH can report.

“Chen could be into money laundering, she repatriates money to China after making sales here in Nigeria – Nigeria is not benefitting from her so why is the Nigerian government not saying anything about this?” a furious source who is in the know about Chen’s activities told ALEDEH.

ALEDEH gathered that representatives of GAC Motor came to Nigeria late last year to meet with some Nigerian dealers with the aim of granting them ‘dealership’ but upon getting to China; Chen got hold of the information and thereafter blocked the deal in China.

Read: https://aledeh.com/exclusive-chinese-diana-chen-edges-out-nigerians-from-gac-cars-importation-accused-of-running-a-labour-camp/

bigtt76:
What would she invest the money in to, in Nigeria? Abegi una free am jooooor! This is just propaganda by the Nigerian marketers skyrocketing the cost of acquisition of the cars for their own benefit. She's only trying to cut out middlemen

Don't mind those bad belle people. Where were they, before Diana Chen started importing GAC brand of vehicles into Nigeria? Did any of them know anything about Chinese cars? It took a lot of time, money, resources, adverts and effort, for the lady to get the brand accepted in the Nigerian market, as many people used to look down on those cars.

When she started, she signed up an exclusive West African franchise for those cars. This means that if the manufacturer decides to sell the same brand to any other agent, he would be sued heavily at home and abroad. Foreigners are very wary of breaking such contract agreements, because it could lead to a loss and a lawsuit that could cost them millions!

Diana Chen took the sole risk to import, sell and fix those cars locally at her own cost, when nobody wanted to touch those cars with a bargepole. She almost went bankrupt initially, before now getting back on her feet, and making strides into the market. Now after she has suffered and sweated to make the brand acceptable locally, some money miss road wants to cash in on her sweat, by bringing in the same cars (or probably even inferior models of the vehicle...shey, you know as our people dey do!), and spoil the market for her business. Haba!

Let those who are complaining, go and look for an unknown brand of car too (just like Chen did!), bring it into Nigeria and work hard to market it within our local market. There are several car manufacturers in the world. The same people are even complaining that she repatriates the money back to China, after selling the cars. Before, nko? Wouldn't she pay the manufacturer of the cars? Abi, they want her to chop the money down here in Naija, and refuse to pay the manufacturer? How would she get the next consignment to sell?