Hyundai Motors Nigeria Limited has started phased delivery of low priced made-in-Nigeria cars assembled at the
company’s plant in Lagos to its provisional dealers nationwide.
*Hyundai Sonata
This is coming barely three months after Stallion Group owners of the multivehicle plant roll-out made-in-Nigeria Nissan
range of vehicles in April.
The Chairman of Stallion Group, Mr. Sunil Vaswani who broke the news recently said the new vehicles “will be affordably
priced” in other to give Nigerians a break from the stranglehold of wholesale vehicle importers.
Some of the deliveries in the passenger car segment are Hyundai i10, Grand, Elantra and iX35 SUV, while the 10-ton
HD160; seven-ton HD 120; five-ton HD78 and three-ton HD65 constitute vehicles in the light commercial vehicle segment
and 28+1 seater Hyundai County bus and 30-seater Stallion County are in the commuter bus category.
Hyundai Motors Nigeria has hitherto announced starting price of between NGN1.5m and NGN1.9m for the i10 and Grand
models respectively, having announced in July it was commencing phased production of affordably priced Hyundai models.
Hyundai Motors Nigeria plant Managing Director, Tokunbo Aromolaran has said the vehicles are built to the world’s
highest automotive operating standard – ISO/TS 16949.
The ISO/TS 16949 is the highest automotive operating standard in the world and its benefits include improved quality
processes with streaming supply chains that leads to better overall product, Mr. Aromalaran explained.
He said: “We are glad to inform Nigerians that we have delivered on our promise to make available affordably priced
vehicles – thanks to strong-willed President Goodluck Ebele Jonathan and the indefatigable supervisory roles of the Federal
Ministry of Industry, Trade and Investment headed by Dr. Olusegun Aganga.”
The first phase delivery establishes a system of record for the complete vehicle program which will gradually be expanded
to meet the ever-increasing demands for functional vehicle in Nigeria, the plant director said.
He enjoined: “Prospective customers to walk into any of our dealership showrooms nationwide to buy value-driven made-
in-Nigeria Hyundai certified vehicles.”
Hyundai i10, Grand, Elantra and iX35 SUV are elegantly crafted functional cars with eye-popping styling, good fuel
economy with fantastic driving experience and modest starting price for every desiring buyer.
Mr. Parvir Singh, Group Managing Director (sale, marketing and Dealer Development) Hyundai Motors Nigeria Limited
who received the made-in-Nigeria vehicles on behalf of provisional dealers described the accomplishment as a milestone in
the history of Nigeria’s evolving automotive industry, urging customers to take advantage of the discounted price to
patronize certified made-in-Nigeria Hyundai vehicles.

www.vanguardngr.com/2014/08/low-priced-made-nigeria-hyundai-cars-goes-sale/

Low price?

Hadone: Low price?

1.9m naira and they say low price. They're joking. They shouda reduced price to like 50, 50k. That time pedestrians will disappear on Lagos streets

N1.9million and you said is cheap? Abeg review the price. What happend to those days gulf was sold at the price list of N80,000 and N120,000? Any company that can produce such affordable car will be ontop.

eunisam: N1.9million and you said is cheap? Abeg review the price.

For a brand new car I don't think it is too much tho. But in all honestly, I'd rather go for Volvo s40 2005 or Corolla Sports 2005, or Benz C230 2006 and keep the change instead of purchasing the Hyundai.

omenka: For a brand new car I don't think it is too much tho.

gulf nko?

Brand new.. 1.9 million ! I think I'll go for it instead of going for a fairly used car which u can't tell d reason why d owner decided to sell it..

lokito:

1.9m naira and they say low price. They're joking. They shouda reduced price to like 50, 50k. That time pedestrians will disappear on Lagos streets

You got me laughing and smoking at the same time with your N50,000

Anyway, all things are possible as I can remember the words of Ret Maj General. David Mark, the longest Senate President in Nigerian history. The rephrase version "GSM is not for everyone especially the poor"

Alas today, rejected good working phones litter all homes begging for a handover.

Maybe, I foresee a day people will beg to dash away their used cars.

omenka: For a brand new car I don't think it is too much tho. But in all honestly, I'd rather go for Volvo s40 2005 or Corolla Sports 2005, or Benz C230 2006 and keep the change instead of the purchasing the Hyundai.

Gbam! You remember how banks and private coys rushed KIA. They are back to thier toyota, honda and nissan. Have u seen a KIA after like 3 years usage by this coys?

Now seeing the greater Nigeria.

eunisam: N1.9million and you said is cheap? Abeg review the price. What happend to those days gulf was sold at the price list of N80,000 and N120,000? Any company that can produce such affordable car will be ontop.

lolz.....The depreciation of the naira happens!!!

omenka: For a brand new car I don't think it is too much tho. But in all honestly, I'd rather go for Volvo s40 2005 or Corolla Sports 2005, or Benz C230 2006 and keep the change instead of the purchasing the Hyundai.

lolz......You have to look at the advantage of after sales service you will get from locally manufactured cars shaa

Don't worry it will soon be cheap...u can get it for 50-80k as the third hand since the new one cost 1.9m

Waiting to compare with Innoson Sedan. I'll rather patronize original local content.

Is this not the same Vaswani who OBJ deported for top level corruption and thiefery?? GEJ just dey allow Criminals anyhow.
BTW, 1.5m, 1.9m is not cheap! Not many people can save that in a year.

Eldavido1:

lolz.....The depreciation of the naira happens!!!

shade more light on that pls.

eunisam: shade more light on that pls.

Around the 80s when cars where that cheap, the value of the naira to the dollar was #4 = $1. The had strong purchasing power then. Subsequently the value depreciated to the current level of #165 to $1. The lower purchasing power of the naira means you need more money to buy a product now than in the 80s for the same type of product.

eunisam: N1.9million and you said is cheap? Abeg review the price. What happend to those days gulf was sold at the price list of N80,000 and N120,000? Any company that can produce such affordable car will be ontop.

Its called inflation

Eldavido1:

Around the 80s when cars where that cheap, the value of the naira to the dollar was #4 = $1. The had strong purchasing power then. Subsequently the value depreciated to the current level of #165 to $1. The lower purchasing power of the naira means you need more money to buy a product now than in the 80s for the same type of product.

another confusing analysis. Pls brake it down more.as in primary school standard. Lol

1.9milla? Dat is too mush o.

That i10 with tire wen resemble keke napep own? D car nor get balance na!

How strong are those cars by d way

I define cheap as anytin less dan 1milla

Till den, toks all d way

In d meantime, u know na!

eunisam: another confusing analysis. Pls brake it down more.as in primary school standard. Lol

If #1 fit buy u bread in 1980, u go nid #165 to buy the same bread today cause of inflation.

tuoyoojo: 1.9milla? Dat is too mush o.

That i10 with tire wen resemble keke napep own? D car nor get balance na!

How strong are those cars by d way

I define cheap as anytin less dan 1milla

Till den, toks all d way

In d meantime, u know na!

Hahahahah....Chief u too like awuf o
how many toks of that car u fit get for 1milla or less

RockMaxi: Waiting to compare with Innoson Sedan. I'll rather patronize original local content.

yes Bro. And the Innoson Sedan looks more prestigious to me

Eldavido1:

If #1 fit buy u bread in 1980, u go nid #165 to buy the same bread today cause of inflation.

so how does it make a car of 1.9million cheap?

omenka: For a brand new car I don't think it is too much tho. But in all honestly, I'd rather go for Volvo s40 2005 or Corolla Sports 2005, or Benz C230 2006 and keep the change instead of the purchasing the Hyundai.

those one u mentioned is it made in Nigeria or u don't want to patronize make in Nigeria car

How much is the locally made Elantra? How much is the foreign made one?

eunisam: so how does it make a car of 1.9million cheap?

Who says a car of 1.9m is cheap? you ask a question about wat happened to the days of 80k - 120k cars and I told you "depreciation happen" You are hear asking me dumb question again!

Low price is when it sells at 25k

HIT Like if you are here to READ comments

Made in Nigeria or coupled in Nigeria?


Well, I have #999,000. Can I get any of those cars?

Good move...Hope it will last sha?

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