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Stallion Surpasses Expectations, Launches Light Commercial Vehicles, Buses(AllAfrica Via Acquire Media NewsEdge) A multinational conglomerate, Stallion Group, has formally announced six branded light commercial vehicles and buses at its new state-of-the-art assembly plant in Ikotun Egbe and Badagry Expressway in Lagos. The Stallion vehicles are built from completely knock down components and designed for Nigerian roads, people and their life style. They will be available soon in their dealerships nationwide, Stallion Group chairman, Mr. Sunil Vaswani, yesterday affirmed. He said the induction of leading auto brand is crucial to the National Automotive Industry Development Plan, which essentially seeks to position Nigeria among world class industrial economies and has been successfully achieved in other emerging countries. "We have integrated many proven metrics into this frame work and we are mindful of the six stages of development for a brand, each equating to a different marketing priority, starting with creating basic awareness and concluding with building customer loyalty," Vaswani reasoned. He added that the Stallion's initiative is an integrated vehicle manufacturing frame work that enables Stallion Group to produce Stallion-branded high quality vehicles from knocked down components and with a view to ultimately growing into full fledge local manufacturing industries. An introductory price of N2.45million has meanwhile been introduced for Stallion Force LE (double cabin 4x4 Pickup) and N2.95million for Stallion Force SE pickup. While 16-seater Stallion Citibus is being introduced atN3.95million. Other Stallion made buses are Stallion Civicbus 29+1seater priced at N8.45m, Stallion Contibus 40+1 seater priced at N10.95m and Stallion Countrybus which is available from 42 to 66 seater. The starting price of Stallion Country bus is offered from N12.45m. Vaswani convinced that the current population of Nigeria convincingly support half a million vehicles annually, which is more than sufficient to sustain an emerging automotive industry. Stallion vehicles are competitively priced to enable every potential buyer to purchase and own a choice functional vehicle. The Stallion vehicle plant is coming on the heels of similar plants owned by the group, VON Automobile, Stallion Nissan Motors Nigeria and Hyundai Motors Nigeria plant. These plants have created significant employment to stimulate industrial clusters such as original equipment manufacturers that includes steel plants, glass manufacturers, aftermarket shops and transportation service providers which would lead to job creation and contribute significantly to the Gross Domestic Product (GDP). Copyright This Day. Distributed by AllAfrica Global Media (allAfrica.com). |