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Are Chinese brands becoming threat to others?

THE Chinese auto brands recorded about a 100 per cent growth in 2011 in Nigeria when compared to their performance the previous year. According to import statistic from the nations’ ports, a total of 4,508 Chinese vehicles were sold in Nigeria in 2011 as compared with 2356 units in 2010. This means that the Chinese brands are fast becoming a threat to the Japanese, Europeans and American brands in the country.

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Auto warranty in Nigeria: Any guarantee? (2)

If the average price of a new vehicle in Nigeria is N3m and N240billion is reportedly spent on new vehicles annually, it follows that N22.8 billion is the worth of manufacturers’ warranty in the Nigerian automobile industry annually. Used (tokunbo) vehicle warranty should be more! The question is: how much of this is actually disbursed in terms of parts and labour? Where does this huge amount of money in warranty value go to?

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The Jeep invasion

YOU can call it the Jeep invasion if you like or the real coming of the Jeep into the country. This is because the Jeep has never been introduced into the Nigerian market with such a backup and aggressive marketing by any marketer.

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Auto warranty in Nigeria: Any guarantee? (2)

If the average price of a new vehicle in Nigeria is N3m and N240billion is reportedly spent on new vehicles annually, it follows that N22.8 billion is the worth of manufacturers’ warranty in the Nigerian automobile industry annually. Used (tokunbo) vehicle warranty should be more! The question is: how much of this is actually disbursed in terms of parts and labour? Where does this huge amount of money in warranty value go to?

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Riding on a Tiger in South Africa

YES, this is worth sharing with you. It is an experience I had in South Africa, makers of the rugged Isuzu brand of trucks. I had earlier driven the Land Rover Discovery 4 in Johannesburg before flying down to Port Elizabeth to partake in the Isuzu pickup one ton offcamber Adventure 4X4. It was an experience to remember as the selected Nigerian journalists experienced the 4X4 capability of the Isuzu pickup.

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