Local distributor Dana Motors has reached an agreement with Kia Motors Corporation (KMC) South Korea for the construction of an assembly plant in Nigeria. At present, Dana Motors is the only distributor of KIA Motors in the country.
Dana Motors intends to add the plant as part of its support for the Auto Policy that is a part of the agenda of President Goodluck Jonathan’s Nigeria Industrial Revolution Plan and the National Enterprise Development programme.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Dana Motors MD/CEO, Jacky Hathiramani, said, “Dana Motors aims to surpass customers expectations and with the growing population of KIA cars across Nigeria there is a need to better support for maintenance by upgrading facility and investing in people thereby creating jobs, increasing skills and ultimately producing cost effective vehicles and also to promote the development of the automobile sector and drive the components parts requirement of international standard at competitive prices.”
