Just in: Uzodinma deepens local content, presents Innoson cars to Imo officials
Imo State Governor, Senator Hope Uzodinma Tuesday in Owerri, the state capital presented brand new official cars, acquired from Innoson Vehicle Manufacturing (IVM), to the Head of Service and all the Permanent Secretaries. Recall that before now, aside Anambra State,…
Is Hyundai setting up car plant in Nigeria to kill Innoson Motors?
More reactions have continued to trail this week’s romance and automatic ticket given to Korean auto giant, Hyundai Corporation by the presidency to establish car assembly plant in Nigeria. Whereas some Nigerians welcomed the development, many interpreted the offer as…
IVM chairman, Innocent Chukwuma drags EFCC to court, demand N200n
After studying the circumstances surrounding his embarrassing arrest at his Enugu home earlier last month, Chief Innocent Chukwuma, chief executive of Innoson Vehicle Manufacturing (IVM) Nigeria Limited, has filed a N200 billion lawsuit against the Economic and Financial Crimes Commission…
EFCC: Dual story angles confusing issues in GTB Vs. Innoson Motors crisis
…As Senate orders immediate investigations on arrest of Chukwuma Since the trending commando-styled arrest of the indigenous vehicles manufacturer, Dr. Innocent Chukwuma, the chief executive of Innoson Vehicle Manufacturing (IVM), in Enugu on Tuesday, two story lines have emerged, thus…
EFCC arrested Innoson Motors boss, Chukwuma for jumping bail–Spokesman
More facts have been advanced by the rampaging Economic and Financial Crimes Commission (EFCC) for the forceful arrest of leading indigenous vehicle manufacturer in the South East, Dr. Innocent Chukwuma, owners of Innoson Vehicle Manufacturing (IVM), Nnewi, Anambra State. In…
One year after $300m credit, Innoson yet to begin manufacture of STBs
Between the middle and end of October last year, leading indigenous auto manufacturing group, Innoson Vehicle manufacturing (IVM) announced it has join the league of Set-Top-Box (STBs) providers for the smooth migration of the country from analogue to digital television…
Innoson jeeps, cars won’t have malfunctioned—- Group
Whereas some of the exotic cars delivered to the members of the House of Representatives have developed faults barely 90 days after the automobiles arrived in Abuja, a Non-governmental organization (NGO), Buy Nigeria Group (BNG), has said that “Innoson Motors…
How Nigeria’s auto policy is frustrating IVM, prospective investors
…Now prices of new cars up 200% That prices of brand new vehicles sold in Nigeria have risen by more than 200 per cent since 2014 to date, and now out of the reach most individuals and corporate buyers is…
38 years after, Innoson changes life of man that dreamt of IVM producing cars for Africa
It was electric last Saturday, July 22, 2017 when the chairman of Innoson Vehicle Manufacturing (IVM), pioneer African car manufacturing giant, Dr. Innocent Chukwuma (OFR), gave our leading brand from his stable, new IVM G5 and instituted a salary for…
How Innoson Motors brokered multibillion naira deal to flag off vehicle export
…Sells 400 vehicles to Mali, other countries on the line Fresh details have emerged on build up that lead to the successful sealing of 400 vehicle supply deal by Nigerian indigenous car manufacturing plant, Innoson Vehicle Manufacturing (IVM) company receive…
