Companies / Nigeria
If you would like to subscribe to Middle East & Africa Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East & Africa Automotives Insight please click on the trial link below.
Carmakers Face Import Threat
February 2007 | BMI ViewSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Middle East & Africa Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East & Africa Automotives Insight please click on the trial link below.
The Nigerian government is coming under increasing pressure to protect domestic car manufacturers from imported new vehicles, according to BMI's latest Nigeria Automotive Report. Local carmakers complain that government ministries, banks and oil companies are choosing to bulk buy vehicles from abroad, at the expense of the local industry, which is struggling with stagnant sales. With the federal government recently selling its stakes in Peugeot Automotive Nigeria (PAN) and Anambra Motor Manufacturing Company (ANAMMCO), the new private sector core investors are hoping for protectionist measures to enable them to revive the automotive manufacturing