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INDUSRTY NEWS

Press Release: Innoson Vehicles Releases Luxury IVM G80 and G40 SUV

By | INDUSRTY NEWS | 24 Comments

GoodNews! The long awaited luxurious Innoson IVM G80 and G40 has been released by Innoson Vehicle Manufacturing Co Ltd, Nigeria’s first indigenous Vehicle Manufacturing Company. It should be recalled that last year, The Chairman of Innoson Vehicles, Chief Dr Innocent Chukwuma OFR promised Nigerians that he would manufacture a Made in Nigeria luxurious SUV that will be added to its…

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What You Need To Know About Innoson Motors

By | INDUSRTY NEWS | 4 Comments

Innoson Vehicle Manufacturing (IVM) Co. Ltd is the first wholly indigenous and leading vehicles manufacturing company in Nigeria. IVM’s manufacturing and assembling plant is located in Nnewi, Anambra State. IVM OBJECTIVE The Innoson Vehicle Manufacturing was conceived to produce truly Made-in-Nigeria vehicles whereby a minimum of 60% of the content is manufactured locally providing employment for a lot of Nigerians…

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Innoson IVM-G5

Nigeria’s Importation of New Cars Declines By 67% On Forex Challenges

By | INDUSRTY NEWS | No Comments

The foreign exchange liquidity problem that has affected importation of goods into the country, and raw materials for local manufacturing, is also taking its toll on the automobiles industry, THISDAY finding has revealed. The National Automotive Design and Development Council (NADDC) estimates annual imports at about 400,000 vehicles with 50,000 units as new cars valued at N679.65 billion ($3.45 billion)….

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