Dangote Unveils Locally Assembled Peugeot Vehicles, Expands Nigeria’s Auto Industry

February 14, 2025

2 minutes read

Dangote

Dangote Peugeot Automobiles Nigeria (DPAN) has officially unveiled a new line of locally assembled Peugeot vehicles, marking a significant step in Nigeria’s automotive industry. The company, in partnership with Stellantis Group, has commenced the assembly of the Peugeot 3008 GT model at its Kaduna plant, reinforcing its commitment to boosting local car manufacturing.

The move is part of Dangote’s broader strategy to position Nigeria as a key player in Africa’s automobile sector. The newly assembled Peugeot 3008 GT features advanced technology, modern design, and fuel-efficient performance, catering to both individual and corporate buyers. Industry experts see this development as a boost for Nigeria’s industrialization efforts, reducing dependence on imported vehicles while creating jobs in the local economy.

Aliko Dangote, Chairman of DPAN, emphasized that the initiative aligns with the government’s push for local manufacturing and economic diversification. He highlighted the company’s goal of making high-quality, locally assembled vehicles accessible to Nigerian consumers. With a well-equipped assembly plant in Kaduna, DPAN aims to scale up production and introduce more Peugeot models in the coming years.

As part of its market expansion, Dangote Peugeot is strategizing to dominate Nigeria’s auto sector by increasing production capacity, improving affordability, and enhancing after-sales services. Analysts believe that sustained local vehicle production could significantly impact Nigeria’s economy, reducing car importation costs while fostering technology transfer and skill development.

The launch of these locally assembled Peugeot models signals growing confidence in Nigeria’s manufacturing capabilities. With government support and private sector investment, the country’s automotive industry could see substantial growth, positioning it as a regional hub for vehicle production.

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Single Air

Malawi Joins Africa’s Single Air Market as AU Pushes for Continental Aviation Integration

Malawi joins Africa’s Single Air Transport Market, bringing total membership to 38 nations as AU ...
USAID funding

Nigerian Lawmakers Probe Allegations of USAID Funding Boko Haram Amid Diplomatic Tensions

Nigeria’s Senate and House of Representatives probe claims of USAID’s alleged links to Boko Haram, ...
U.S. Air Force

U.S. Air Force Expands Counterterrorism and Disaster Relief Efforts Across Africa

U.S. Air Force General James B. Hecker reaffirms commitment to counterterrorism and disaster relief efforts ...
Nwankwo Kanu

Nwankwo Kanu Bolsters Enyimba with New Signings to Revive NPFL Title Hopes

Enyimba FC, led by chairman Nwankwo Kanu, signs eight new players, including a Super Eagles ...

Latest News

Today in History

[historical_fact]

Exchange Rate Per Dollar

AM Armenian Dram394.1524
GH Ghana Cedi15.531
GM Gambian Dalasi72
GN Guinea Franc8,649.25
NG Nigerian Naira₦1,503.04
CF CFA Franc BEAC626.9901
22 Feb · CurrencyRate · USD
CurrencyRate.Today
Check: 22 Feb 2025 08:05 UTC
Latest change: 22 Feb 2025 08:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?