Over the years, Nigeria has gained a reputation as a global dump for various makes and models of used scrap cars from Europe, Asia, America, and Australia—a class of vehicles commonly called “Tokunbo” cars. The terrible economic condition of the majority of Nigerians is a direct cause of this appalling situation. The steep cost of purchasing a new car is nothing new. As a result, many Nigerians frequently settle for unstable used cars.
Do Nigerians love “Belgium” vehicles over new ones? Of course not! It’s just that the new ones are so expensive that they cannot afford them, which is why Innoson Motors came into existence. Innoson Motors was founded to make new automobiles accessible and inexpensive for everyone, especially Nigerians and the rest of the world.
So, we will bring you more details on Nigeria’s revolutionary car manufacturing company, which includes the factory location & headquarters, the company owner & the prices of their vehicles. But first, let’s give you a brief background on Innoson Motors Nigeria.
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Innoson Motors Nigeria
Innoson Vehicle Manufacturing Co. Ltd. (commonly written as IVM) is a prominent Nigerian vehicle manufacturing firm founded on the ideas of its founder, Dr. Innocent Chukwuma. Without ambiguity, Innoson Vehicles is driven by the desire to enable their clients to purchase a car and drive with pride. Innoson Motors began 35 years ago as a tiny motorcycle replacement parts store in Onitsha, Anambra state.
He developed this tiny retail shop into a full-scale car production company that is not competing globally with the traditional names in the automobile industry because of his brilliant business ideas. Innoson Motors currently produces 70% of its parts, with the remaining 30% coming from other businesses in China, Japan, America, etc. These figures demonstrate that Innoson Motors has evolved from a simple automobile assembly facility to a fully operational, well-known company.
Nigerian business tycoon and businessman Chief Innocent Ifediaso Chukwuma CON was born on October 1, 1961. As the first locally-owned auto manufacturer in Nigeria, he is the founder and CEO of Innoson Vehicle Manufacturing. In Pinner, UK’s Haydon School, he also works as a computer science instructor. Following his education, Innocent started trading in spare parts in 1981, a highly lucrative industry in South East Nigeria.
He subsequently established Innoson Manufacturing and Innoson Tech & Industries Co. Ltd as its subsidiaries. In addition, he was appointed to the position of Deputy Chairman of the Board of Trustees of the National Coalition for the Jonathan/Sambo Presidency in 2013, a group established to support the candidacy of former Nigerian President Goodluck Jonathan.
Factory Location & Headquarters
The IVM Motor Factory, the largest black-owned automaker in Africa, is situated in Uru Umudim, Innoson Chukwuma’s hometown in Nnewi, Anambra State, in the southeast of Nigeria. 95 Owerri Road, PO Box 1068, Umudim, Nnewi, Anambra State, is the organization’s designated global headquarters. In addition, at Plot 1 Block A, Amuwo Odofin Industrial Estate in Lagos, Innoson also maintains a location.
The plant manufactures a variety of models and body types, such as heavy-duty vehicles, large and medium-sized buses, eco-friendly carriers, salon cars, SUVs, etc. The Innoson group, in addition to making cars, also makes motorcycles, tires, and plastics and has a stake in agriculture.
Vehicle building (build-up and assembly) is carried out at the IVM facility with consideration for the local market, the African road, and how reasonably priced such vehicles can be for Nigerians and other Africans. Since June 2018, IVM has been fully automated. However, not all Innoson vehicle components are made locally; some parts are still imported.
Between 7300 and 7500 people work in the facility, including welders, engineers, machinists, and other technical and non-technical workers.
To stop the importation of secondhand automobiles into Africa, Innoson Motors focuses on building affordable and dependable vehicles for Africans. Here are a few cars from the IVM stable, along with their estimated prices.
Innoson Carrier (IVM Carrier 4×4) Pickup (₦10 million)
Innoson Carrier provides two engine options depending on whether you desire a two-wheel or a four-wheel drive
Innoson 5000 (₦17 million)
The IVM 5000 is always available to provide any service that is needed. Its construction depicts a spacious and adaptable interior while being affordable and functional. Its interior can be customized for a passenger, ambulance, or cargo version.
Innoson FOX (₦4 million)
The Innoson Fox will provide a dynamic and athletic riding experience with its eagle-eye headlamps and wing-like bumpers.
Innoson UMU (₦8 million)
The Innoson Umu will provide a comfortable ride thanks to its eagle-eye headlamps, firmer shock absorbers, and wing-like bumpers.
Innoson G5 (₦22 Million)
The back seats of this SUV can be tilted, making it versatile and comfortable for you to enjoy on and off-road driving. It is created with a quiet cabin, warm amenities, and a powerful yet silent engine.
Innoson G6 (₦32 million)
The Innoson G6 stays true to traditional SUV designs in a market filled with Crossover SUVs. Its flexible frame allows it to operate and handle superbly both off the road and in the city.
Innoson G40 (₦20.5 million)
The IVM G40 is for the ambitious, the thrill-seeking, the perpetually on-the-go, and everyone else who finds purpose in the daily grind.
Innoson G80 (₦49 million)
The IVM G80 distinguishes itself from the crowd thanks to its exceptional combination of cutting-edge technology, distinctive style, and powerful performance.