The Construction of Automobiles in Nigeria
Indigenous Vehicle Manufacturing (IVM) Indeed, everything is possible. Not everyone would have predicted that automobiles would be constructed in Nigeria, and even though they had, not this quickly.
However, thanks to IVM, who made it happen, anything is possible. Nigerian automaker Innoson Car Production Company (IVM) is renowned for building locally made vehicles that are thought to endure the test of time. IVM operates a factory in Nnewi, Anambra state, Nigeria, and strives to dominate not just the local auto market but also the global one.
The Start of Innoson Vehicle Manufacturing
Innocent Chukuma Nwala started Innoson Vehicle Manufacturing in 2007; before to the creation of IVM, Chukuma was a spare part vendor.
IVM is the first indigenous vehicle firm brand in Nigeria. Without a doubt, his knowledge of automobiles would have significantly benefited from him selling spare parts. He created a motorcycle as his first automobile. Even though these bikes were bought for a relatively low amount of about 60,000, his passion was unaffected. Yes, starting small is beneficial. The IVM has become a well-known brand throughout time.
The Growth of IVM
Because Innoson Vehicles Production Line (IVM) takes into account the condition of our roads when producing cars, it has earned the moniker "the pride of Africa's road."
The Nigerian-based company has worked with transportation companies like god is great (GIGM). When a contestant wins Big Brother Nigeria (season 4), they often receive an IVM G40 SUV as a prize. This is incredibly good since it shows that Nigerians value one another.
There is no doubt that the Nigeria-based brand is destined for the top; in addition to its connection with GIGM, IVM has also teamed with the Sovereign Bank to assist its consumers in purchasing cars through the IVM financing scheme, as well as with medical and governmental organizations.
Three-Year Warranty Offered by a Nigerian Company
While some of their products are imported from nations like China, Japan, and Germany, about 60% of their manufacturing is manufactured locally. IVM Motors' primary goal is to build cars that the typical Nigerian can buy rather than purchasing reasonably used foreign vehicles (Tokunbo). It offers a three-year warranty on all of its products.
The IVM 5 Seater
The IVM UMW is a 5-seat car with complete air conditioning that comes in both manual and automatic transmission options.
Among many other amenities, it has central locking and power windows, an airbag, a rear reverse sensor, and the capacity to manage fuel prices. It's fair to say that Innoson Umu (also known as IVM Umu) is the sedan/saloon version of the Innoson Fox compact. It has the same engine and most of the same characteristics as the IVM Fox, but because of its subcompact saloon car design, it is generally categorized with the Honda City.