Tag: targets

FG Targets 40% Local Content Development for Auto Industry

Motoring World International04 mins

By: ROTIMI ASHER (with Agency report) The National Automotive Design and Development Council (NADDC) is targeting 40 per cent local content development in the automotive sector within the next five years. The Director General of the council, Mr Aminu Jalal, disclosed this last, when fielding questions from newsmen in Abuja. According to Jalal, NADDC’s emphaisis…

Read More

Hyundai Nigeria Targets Over 20% Market Share in 2016

Motoring World International04 mins

By: ROTIMI ASHER [dropcap]D[/dropcap]espite the nation’s unpleasant economic climate, coupled with scarcity of FOREX required to procure kits for assembly plants operations, Hyundai Motors Nigeria Limited has announced its resolve to slice at least 20 per cent of the nation’s automobile market share in 2016. The company’s Branch Manager, Karthik Nayak disclosed this exclusively to…

Read More