The Peugeot Assembly plant now owned by the multi-billionaire, Alhaji Aliko Dangote, Kano, Kaduna States and Stellantis Group in France has commenced vehicle Assembly plant.
The plant which is known as Dangote Peugeot Assembly of Nigeria (DPAN) which has capacity to produce 120 vehicles per day announced that it has commenced operations this February.
In a statement which was issued by the the company said it will employ latest technology and safety features as it tries to re-establish relationship with dealers across the country.
Before now Innocent Motor Vehicles (IMV) has been the dominant privately owned motor assembling plant located in Nnewi in Anambra State, South East, Nigeria.
The plant was built to operate at full capacity and is touted to have the capacity to assemble close to 120 vehicles per day across all its outfits.
The manufacturing Director of the plant, Ibrahim Issa Gachi said that the newly assembled vehicles will flaunt the latest technology and safety features that would ensure its users are safe.
Gachi’s statement also said that the company has ensured the spare parts for all the newly assembled vehicles are made in local markets.
Also, so as to promote the sale of the new models of Peugeot, it is re-establishing contacts with Peugeot dealers all across the country to ensure a soft landing into the market and also ensure that the firm maintains a reliable reputation.
In 2016, the Kaduna State government, Dangote Group and the Bank of Industry were to a majority stake in the Kaduna-bases Peugeot Automobile which was moribund.
In 2017, reports said that the business mogul has acquired the license to establish a Peugeot plant in Nigeria five years ago.
