Innoson Vehicle – Nigeria
The Innoson Vehicle Manufacturing Company, which is the first Nigerian technology company to produce cars, has given scores of Nigerians the opportunity to purchase their own cars. The biggest Nigerian car manufacturer recently indicated that with N1.5m ($4,500), one will be able to purchase a new vehicle from them. This comes on the back of concerns that many homegrown cars are often expensive. The company, owned by Chief Dr Innocent Ifediaso Chukwuma currently produces luxury cars, minibuses and trucks. The Innoson model of cars is already in the market and in use.
