Business Volkswagen Resumes Vehicle Assembling in Nigeria After 20 Years of Absence

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LequteMan

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Twenty years after packing up shop, Volkswagen has resumed assembling of vehicles in Nigeria, PUNCH reports.

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Excerpts:

German automaker, Volkswagen Automobile Group, has resumed vehicle assembling in Nigeria 20 years after suspending operations in the country following the collapse of its joint venture with the Federal Government.

Already, the auto giant says it has rolled out the first set of vehicles — Passat, Jetta, CC and Amarok models — from the rejuvenated Volkswagen auto assembly factory on the Badagry Expressway, Lagos.

The production, it said, was made possible through a partnership agreement it signed with a private auto company, the Stallion Group, for the assembly of the Volkswagen brand of vehicles in the country in line with the National Automotive Industrial Plan announced by the Federal Government in October 2013.

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