M a r k e t N e w s

Ford to build Rangers for the African Market

Posted on : Tuesday , 6th October 2015

 Ford Motor Co. said it plans to assemble its Ford Ranger pickup truck in Nigeria by the fourth quarter, as it expands in Africa and the Middle East.

 
The Nigerian assembly plant, in partnership with Ford dealer Coscharis Motors Ltd., is the first outside South Africa, where Ford produces the Ranger for 148 markets, the automaker said in a statement today.
 
"Nigeria is a priority market for us in sub-Saharan Africa," said Jeff Nemeth, CEO of Ford's business in sub-Saharan Africa.
 
"Depending on how Nigeria develops over time ... we are potentially looking at using our Nigerian plant to service West Africa," he told Reuters today.
 
The auto market in Africa's biggest economy has huge potential but retails only a small amount of new vehicles annually, Nemeth said.
 
He said the sector is dominated by imported used vehicles, while limited financing for consumers to buy new vehicles and the absence of an industrial policy that would encourage suppliers to set up in Nigeria have stunted growth.
 
The Ikeja plant near Lagos will assemble the Ford Ranger using parts and components imported from South Africa. The plant will have the capacity to assemble up to 5,000 units annually, which will be sold in Nigeria.
 
Ford produces 85,000 units each year in South Africa, which are sold across 24 African countries.
 
"It would take between 1 to 2 months to take an order, build it and deliver it within the country. If you order from overseas it would take between 4 to 6 months," Nemeth said, noting that the benefit of the Nigerian plant was being close to its customers.
 
Rival automakers, Renault-Nissan, South Korea's Kia Motors and Germany's Volkswagen have announced plans to assemble vehicles in Africa's most populous nation.

Source : www.autonews.com
Featured Companies
  • Bajaj Auto
  • Nissens A/S
  • Bajaj Auto
  • Tire Group International, LLC.
  • dubaiexporters.com
  • Steelmate - Think safety think Steelmate

Complete List  

Advertisers in previous issue:

  • Tyres,Chain,Battery
  • A truly global provider of quality vehicles.
  • Nissens has developed, manufactured, and supplied a wide range of automotive radiators, climate control products
  • Leading Dealers,Wholesalers & Retailers Specially For Nissan,Toyota & All Japanese Car Genuine Spare Parts.
  • Cylinder heads
  • Our products are widely used and serviced for passenger car,truck,tractor,agricultural & earthmoving machines,stationary & marine engine.
  • Trade Exhibition
  • The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
  • We are producing six categories and nearly one thousand kinds and sizes of bias tyre, OTR tyre, radial tyre, Industrial tyre, agricultural tyre and solid tyre.
  • GUANGZHOU YIFENG AUTO PARTS MANUFACTURING CO., LTD. is a professional manufacturer and distributor of automotive filters, mainly specializing in all kinds of oil filters, fuel filters and air filters.
  • Specialized in development, design, manufacture and sale of steel wheel of the truck and trailer and bus,etc.
  • Supplier of vehicles, watercraft & aircraft worldwide.
  • Meizhou Jinda Auto Parts Co.,Ltd. is a state-owned enterprise ,specializing in manufacturing auto clutch disc and brake.
  • ANAM Motors Co., Ltd., has been expanding its areas into many markets of Auto motive Spare Parts in worldwide from the establishment year of 1998.
  • Manufacturer of extensive range of clamps, connectors and fasteners.
  • China Jiangsu Dongxing Auto Decorations Co.,Ltd,established in 1989,the manufacturer of cabin and body parts for truck Mercedes-Benz, Volvo,Scania,Man,Iveco,Daf and Renault.
  • Yellow stone diesel-One of the leading manufacturers of engine parts.
  • TOTACHI INDUSTRIAL CO. LTD is an esteemed Japanese company that provides a comprehensive range of lubrication products for commercial and consumer applications.
  • Best Choice International Trade is one of the leading tyre exporter in China, and a major supplier of tyres and engines in Beijing Municipality.
  • Fuel Saver
  • Pensol Industries Limited has a wide range of products, both in Automotive and Industrial lubricants
  • Auto Parts
  • Rolman World is one of the largest and most established distributors of bearings and related technical services in the Middle East and Africa.
  • Car garage equipment
  • DM is one of the leading manufacturer specialized in reflective material in the world, which is only one manufacturer that not only produce personal safety production but also produce traffic safety production in China.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2020 Afrotrade