New Rival for Innoson As UK Company Announces Plan To Assemble Cars in Nigeria, Offers Discounts

• Popular UK car manufacturing company Stallion has announced plans to commence assembling one of its brands in Nigeria
• The decision will add more competition to the growing car manufacturing industry, which has strong players like Inoson Motors, GAC among others
• The British company is offering product discounts as it marks its 100th anniversary

Dave Ibemere is a senior editor with over 10 years of experience covering business and economy

Stallion MG has announced its readiness to assemble its iconic British brand, MG cars in Nigeria, starting in the first quarter of 2024.

This was disclosed by Anurag Shah, the General Manager of the Luxury & Premium Automotive Brands Division of Stallion Group, as part of the company's initiatives to mark its 100th anniversary.

Shah explained that the decision to engage in the local assembly of MG vehicles in Nigeria was a continuation of the company's commitment to contributing to the nation's efforts in addressing globally induced economic challenges by creating jobs and conserving the country's scarce foreign exchange (FX).

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His message reads:

“In addition to our best-seller SUV RX8 and HS, we shall also launch a locally assembled MG RX5, ZS, and ZS EV early next year.

"We are also motivated by the Federal Government’s incentive programme for the nation’s auto distributors and manufacturers."

Stallion discount offers

Shah also announced that the company will offer discounts to Nigerians ready to upgrade their cars.

He said:

“MG’s latest campaign is offering discerning Nigerians an exclusive opportunity to upgrade their vehicles with significant discounts applicable only to the SUV model lineup."

He also pointed out that since MG's introduction in Nigeria in 2021, no single engine failure had been reported.

Another company begins vehicle manufacturing plant in Enugu

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Legit.ng earlier reported that a new automobile manufacturing company recently commenced vehicle production in Enugu.

This company, known as Ingrace Motors, received commendation from the Enugu state government for its role in promoting the production of domestically manufactured vehicles in Nigeria.

Chinedu Onu, the Chief Executive Officer of Ingrace Motors, presented the company's range of vehicles and generously provided one of their vehicles to the Enugu state government to evaluate their quality, versatility, and durability.

Source: Legit.ng