Sunday, February 23, 2014

INNOSON MOTORS NIGERIA. I SEE PEOPLE ARGUING ABOUT INNOSON CAR!!! by Nzuko Odenigbo, Onitsha. I some people arguing that Innoson cars are just an assembled car in Nigeria and that it looks like a Chinese car. Well, I do not blame anyone in their thinking, they should also know that the Tokunbo/used Toyota cars we import from US are not made in US but assembled in US while the engine and most of the parts are made in Japan and few external parts made in Mexico. It is cost advantage in production. If your cost of production outweighs the selling price in your locality, you have to look out for where you can produce it cheap then assemble it in your locality. Every country and company does it. As far as Innoson cars are sold with mileage warranty to their customers at an affordable rate just like in overseas, then it is a world class standard vehicle. To me, this is a step in the right direction for Nigeria auto industry. Rather than challenging Innoson in local production of parts, we should challenge our engineering university faculties and engineering students. How many universities engage in reasonable and productive research? In overseas, government and companies dedicate millions of dollars for scholarship and research for professors and students. This promotes growth in ideas for local production. There are also so many factors hindering local production which include lack of electric power, non existence of steel industry, poor aluminum industry, and lack of enabling environment including lack of credit facilities and tax breaks from government. I believe that this is a major milestone and achievement in local auto industry. Innoson has thousands of employees and his company brings tax and revenue to Anambra state. May God bless him more and grant more Anambra people & Nigerians the good ideas that will promote local industries and employment of labor. - Hope For Nigeria.

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