Brands
Car manufacturing companies in Nigeria
Car manufacturing companies were set up in Nigerian first as a result of high cost of import duties placed on the automobile industry possibly to encourage local production, improve the economy, and still make selling price of each manufactured car affordable by an average citizen, the federal government in 2013 adopted an Automobile policy, in a bid to encourage foreign and indigenous car manufacturers to site their assembly plants within its territory since vehicles produced in the country don’t attract import levies, thus tend to be cheaper than its foreign counterparts. Thus some car manufacturing companies were established in Nigeria.
As years passed, the growth of the automobile Industry has witnessed series of challenges that is seeinn to the preference given to foreign fairly used (Tokunbo) cars into the country. The reasons behind this shift are embedded in the history of this Industry in Nigeria especially that of the 1980s.
History of Automobile manufacturing in Nigeria
Production of automobile dates back to the colonial rule era when the British merchants brought them in during the ’50s into their protectorates. After the independence, the government went into a joint venture partnership that brought in world-class makers of fuel-powered conveyance units at the time from America, Germany, France and the United Kingdom which saw to the establishment of the Six assembly plants following the oil boom of the 1970s. Companies operating as of then were;
- National Truck Manufacturers, Kano
- Volkswagen of Nigeria Limited, Lagos
- Peugeot Automobile Nigeria Limited, Kaduna
- Anambra Motor Manufacturing Limited, Enugu
- Leyland Nigeria Limited, Ibadan
- Steyr Nigeria Limited, Bauchi
List of companies that manufacture cars in Nigeria
1. Innoson Vehicle Manufacturing Company
Innoson Vehicle Manufacturing Co. Ltd. (IVM) is a Nigerian automobile manufacturer headquartered in Nnewi, Anambra State, Nigeria. It was founded by Chief Innocent Chukwuma Nwala. Innoson Vehicle Manufacturing is nicknamed the “Pride of African Road.” 70% of the car parts are produced locally, while the rest are sourced from Japan, China, and Germany.
Innoson automobile
2. IMC (Steyr Motors)
IMC (Steyr Motors) assembles and manufactures motor vehicles in Nigeria. The company is known for producing reliable, durable, and strong engines for vehicles including commercial, military, and marine applications.
3. Massilia Motors
Massilia Motors is a Mitsubishi Motors Nigeria dealer and automobile company that provides maintenance, repairs, sales, and solutions for automotive needs. They are assemblers and manufacturers of motor vehicles in Nigeria.
Massilia-Motors
4. Monaplex Industries Nigeria Limited.
Monaplex Industries Nigeria Limited is a wholly indigenous manufacturing company that produces different kinds of quality automotive spare parts and other products.
5. Nissan Nigeria.
Nissan Stallion Motors Nigeria Limited is a member of the Stallion Group of Companies and the official representative of the Nissan automobile brand in Nigeria. Nissan Nigeria specializes in the manufacturing of car brands like Almera, Sentra, and Altima, and also offers after-sales services in genuine spare parts, accessories, and auto body repairs. They are located at Plot No.7, Block J, Northern Industrial Estate, Murtala Mohammed Highway, Calabar, Cross Rivers State Nigeria.
6. Perfection Motor Co, Ltd.
FAW Group (First Auto Works) is a global leader in the vehicle manufacturing industry with over 60 years of automotive innovation. Founded in 1953, FAW employs 120,000 people around the world and sells products in over 70 countries. FAW is a diversified manufacturer of quality light, medium, and heavy-duty trucks, automobiles, municipal buses and luxury tourist coaches, custom bus chassis, and mini-vehicles with total sales of over 18 million vehicles worldwide.
7. Peugeot Nigeria.
Peugeot Nigeria is a reputable vehicle manufacturing company that is based on the creation of concepts for Peugeot’s brand of cars. They are located at PAN Nigeria House in Abuja.
9. ProForce Defence Limited.
Proforcedefence Limited is a vehicle manufacturing company that is based on the production of armoured vehicles and personal protection automobiles using Internationally Certified Ballistic Standards.
Other car manufacturing companies in Nigeria are;
3. Lanre Shittu Motors (LSM) etc
Foreign car manufacturing companies
Tesla motors; it is a recent addition to the U.S. automobile manufacturing scene, known for its product line of 100% electric vehicles. Founded by Elon Musk, the company presently offers four models for sale, the Model S, Model 3, Model X, and Model Y. Additionally, the company is known for its research into battery technology and solar power generation technology. They are headquartered in Palo Alto, California.
General Motors Corp.; headquartered in Detroit, Michigan, is a legacy American car manufacturer and the parent company of Chevrolet, Buick, Cadillac, and GMC brands. The Chevy brand offers the widest range of vehicle types, while Cadillac focuses more on luxury vehicles, Buick on SUVs, and GMC on SUVs and trucks.
Ford Motor Co.; headquartered in Dearborn, Michigan, is a legacy American car manufacturer that traces its roots back to Henry Ford and his innovations in the production line which helped make automobile manufacturing more efficient, driving down costs so that cars were affordable to the masses. Ford offers a full range of cars, SUVs, and light-duty trucks, plus a new version of their iconic Mustang which is a fully electric vehicle. They also own the Lincoln brand which is known for its line of luxury vehicles.
Nissan North America, Inc.; is a Japanese car manufacturer with headquarters in Yokohama, Japan that offers approximately 18 different vehicles in the U.S. market. These models include cars, SUVs, and cargo vans, as well as two different electric vehicles – the Nissan Leaf and the Ariya.
Toyota; headquartered in Toyota City, Japan, is a manufacturer of a range of vehicles from sedans to SUVs and trucks. They are well known for their gasoline-electric hybrids, most notably the Prius. A new offering is their all-electric model, the Mirai. The company also markets a brand of luxury vehicles under the Lexus nameplate.
BYD Motors LLC; is a manufacturing company that specializes in electric vehicles and other automobiles. Its product line includes forklifts, school buses, trucks, and monorail systems. The company has its headquarters located in Pasadena, CA, and has been in business since 1995.
GMC Trucks; is a manufacturing company that specializes in light and medium-duty trucks. Its product line includes pickup trucks, SUVs, and vans, and they are available in diesel, gasoline, and electric versions. The company has its headquarters located in Detroit, MI, and has been in business since 1911.
Hyundai Motors America; operates both the Hyundai and Kia brands as separate units, both of which are known for affordable small cars and SUVs. The Hyundai brand offers several electric vehicles, including the Kona Electric, IONIQ Electric, and Nexo Fuel Cell, while Kia sells its electric model the Niro EV. The company headquarters is in Seoul, South Korea.
American Honda Motor Co., Inc.; with headquarters in Tokyo, Japan, is a foreign manufacturer of automobiles including sedans, SUVs, minivans, and trucks. They also have a fuel cell electric vehicle in their portfolio, the Clarity Fuel Cell. Additionally, Honda owns and operates the Acura brand, whose offerings consist of luxury cars, SUVs, and performance vehicles.
Mercedes-Benz USA, LLC; is a manufacturing company that provides luxury automobiles, specializing in the commercial and corporate sectors. Its offerings include SUVs, wagons, sedans, convertibles, coupes, work vans, and roadsters. Its cars are available in electric, diesel, and gasoline variations. The company has its US headquarters located in Sandy Springs, GA, and was established in 1925.
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