It warms my heart when I remember that Nigeria is part of the African countries that have various automobile production companies even though we have just very few indigenous automobile companies.
One of the automobile assembly plants in Nigeria
You need to know the 8 companies that produce and assemble cars here in Nigeria because these are the only cars that can be bought brand new at duty-free costs.
A major number of the cars you see on Nigerian roads are always imported and 70% of the car's worth is always paid as the duty to the customs agency which is a very big problem for car buyers if you ask me.
Car dealers and dealerships always add these import charges to the selling price of the car which makes the prices way more expensive than you would have bought it if it were assembled/produced here in Nigeria.
In 2014, Nigeria rolled out an automobile policy that stated clearly that registered automobile dealerships in Nigeria should involve themselves with local production and assembling of cars so that cars could be cheaper and more accessible for Nigerian buyers.
8 companies that produce and assemble cars in Nigeria?
1. Peugeot Nigeria
Peugeot was one of the first companies to start full local production of cars in Nigeria back in the 1980s but this production stopped when there was a change in government that didn't pay attention to this Peugeot and Nigeria's partnership.
Commissioning the Peugeot plant in Nigeria
One of the reasons why Nigerians stopped buying brand new Peugeot cars and moved on to Toyota, Honda e.t.c is because tokunbo cars became way cheaper and easier to import into the country.
In these recent years, the Peugeot plant in Kaduna has been up and running, assembling thousands of cars like the Peugeot 301 on their line production.
This is why you see a couple of Peugeot cars on Nigerian roads these days. Hopefully, in about 10 years from now, the brand will fly high again because the reasons Nigerians love Peugeot is still hasn't died till date.
2. Globe Motors
In 2018, Hyundai announced that it wanted to start its local assembly of Hyundai cars in Nigeria under Globe Motors which is the biggest distributor of Hyundai cars in Nigeria.
Some of the made-in-Nigeria cars are displayed at Argungu fishing festival
In April 2020, Hyundai rolled out its first locally assembled cars like the Hyundai i10 Grand, Hyundai Accent, Hyundai Elantra and the Hyundai ix35.
Hyundai is a car brand that has started gaining so much traction in Nigeria because it has proved over the years to be reliable, highly functional and affordable.
This step Globe Motors made is the reason why Hyundai cars are very much available as brand new and they are also way cheaper than their major Japanese competitors.
3. Dana Motors
Dana motors, the biggest distributor of Kia Motors in Nigeria, also has a local automobile assembling plant that produces major Kia vehicles like the Kia Rio.
These locally assembled cars were displayed at the 2020 Argungu Motor Rally. The Kia Rio is the most assembled car of all the Kia Motors line up because it is the most common vehicle from the South Korean automaker in Nigeria having high demand from the working middle class of Nigeria. The new prices of Kia Rio in Nigeria will tell you just how beneficial these steps have been.
4. Coscharis Motors
Coscharis, the biggest distributor of BMW, Land Rover, Rolls-Royce and Ford cars in Nigeria, has been doing so well for years by launching a lot of the latest premium cars here in Nigeria like the all-new Land Rover Defender which nobody was expecting to see in Nigeria so soon.
Coscharis completed its assembly plant for Ford vehicles in 2018 with plans to produce between 10,000 to 20,000 cars there every year.
The Ford F-150 truck was the first car to be produced in this facility and it was a success.
Here is a Coscharis assembly plant for Ford trucks
Just because of how the Coscharis company grew from nothing to an automobile giant of Nigeria, I can vouch that in a few years from now, the assembly plant will be onto more positive moves that will benefit the Nigerian automobile space.
5. Stallion Motors
Nissan started its local production of cars since 2014 starting with the Nissan Patrol SUV. This made the prices of brand new Nissan cars drop and that is why you see a lot of Nissan Almeras being used as official vehicles for a lot of private companies and government institutions.
Some Nissan Patrol SUVs in the process
The Nissan Almera and the Nissan NP300 are two vehicles that have been consistently locally produced here in Lagos
Nissan was the first automaker to move in alignment with Nigeria's new automobile policy because Stallion Motors know that the demand for brand-new cars in Nigeria grows every year and it will only be profitable to the country and the company.
6. Innoson Motors
Everyone knows that Innoson was the first-ever fully Nigerian company that went into the production of automobiles and they have had success doing it here in Nigeria.
Innoson has its plant in Nnewi area of Anambra state and is owned by Chukwuma Innocent, a Nigerian business tycoon. Innoson manufactures and sells its cars throughout Africa but it hurts me that the brand hasn't been well appreciated by Nigerians.
The latest Innoson car; Innoson Caris
I was happy to find out that Innoson has been making moves to improve the lives of Nigerians. A striking example is a new ride-hailing service recently launched by the automaker.
Its latest model is the Innoson Caris which is a door premium-looking sedan in addition to the already existing Innoson Umu, Fox, Ikenga, G40 and G80.
Nord Automobiles is a Nigerian automotive manufacturer with headquarters in Lagos, Nigeria.
The CEO Ajayi Joshua Oluwatobi is a young Nigerian that just has the vision to make sure that Nigeria gets on the world map of automobile makers.
The most popular automobile from Nord automobile is the Nord Tank which Nigerians love to see. It is a pick-up trunk that was beautifully designed to suit the Nigerian driving condition.
The Nord Tank!
Other cars by Nord include the Nord A3, A5, Max Flit and Lasigi, ranging from sedans to full-size commuter buses.
Lanre Shittu Motors started its JAC Truck assembly plant in 2018 as a way to make heavy-duty trucks cheaper for Nigerian users.
JAC Truck plant in Lagos
It is learnt that the plant has the capacity to manufacture 6 units of trucks in one shift or 12 in two shifts depending on the market demand and can produce about 150 vehicles monthly
Now that you know the 8 companies that produce and assemble cars here in Nigeria, it is time for you to start saving up to buy a brand new car at an affordable rate and our website will guide you through all you need to know about any car of your choice.