Groupe Renault and Coscharis Group Partner to Assemble Vehicles in Lagos

Renowned French automobile brand, Renault, has partnered with Nigeria’s foremost automobile dealership, Coscharis Motors Plc, one of the subsidiaries of the Coscharis Group, to assemble the Renault Duster and Logan at the existing Coscharis Assembly facility in Lagos.

This historic partnership allows for the official return of Renault to Nigeria. Additionally, Renault Kwid and Renault Oroch will be imported as Complete Built Unit (CBU) in due course of the partnership.

Commenting on this new business collaboration, the President / CEO of Coscharis Group, Dr. Cosmas Maduka said: ‘’this partnership is to showcase another initiative from our great organization through one of our subsidiaries, Coscharis Motors, to further create value as a key player in the automobile industry in Nigeria; we are glad to celebrate the confidence the renowned brand, Renault reposed in us to represent them in Nigeria. This milestone marks another step in the evolution of our organization towards remaining timeless in its relevance’’.

Also speaking at the event, the chairman, Groupe Renault, Fabrice Cambolive stated that; “Renault will offer the Nigerian clients a unique, original range that is perfectly adapted to the conditions of use of the country. Renault has an offer that meets the expectations of the new African middle class in terms of attractivity, durability and equipment such as connectivity”.

“Secondly, our industrial basis. Renault has a strong presence in North- Africa where we produce more than 500 000 vehicles in 3 plants and where we have an export capacity to the whole continent”.

“Thirdly, the commercial strength through importers who manage a strong sales network responding to the highest global standards of Groupe Renault in terms of customer satisfaction”.

About Groupe Renault

Groupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.9 million vehicles in 134 countries in 2018, with 36 manufacturing sites, 12,700 points of sales and employing more than 180,000 people.

About Coscharis Group

Coscharis Group established in 1977 is a reputable wholly owned Nigerian conglomerate with interests in various sectors of the economy which include Automobile, Information and communications technology, Logistics, Agriculture, Food & Beverages, Properties, Health amongst others representing globally respected iconic brands in Nigeria. The group has branches across Nigeria and in three West African countries. It presently has automobile sales and service dealerships in all the geo-political zones in Nigeria with 5 outlets in Lagos alone, which is the commercial nerve of the Nigerian economy.

by Ajayi Oyebo in Lagos for Trendy Africa Magazine +1 9033091172

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