Despite a favorable demand environment, the growth of Africa’s automobile industry has not been great. However, some car manufacturers have contributed significantly to the growth of the industry. Cars produced by these car manufacturers are used by many people in the continent and around.
Here are the top 10 African car manufacturers.
10) Innoson Vehicle Manufacturing Co, LTD. (Nigeria)
Innoson Vehicle Manufacturing Co, LTD (IVM) is a Nigeria-based company that was founded by Nigerian industrialist Chief Innocent Chukwuma. The company has a manufacturing plant in Anambra State, Southeast Nigeria. IVM Umu and IVM Uzo are the company’s models. Nigeria is encouraging local manufacture of automobiles and discouraging import of wholly assembled automobiles.