BTA2023 French automobile manufacturers are returning to Nigeria through new partnerships with local companies, including the Dangote Group, in a renewed push to revive domestic vehicle manufacturing.
Two major collaborations are leading the effort. The first involves Peugeot and Dangote Peugeot Automobiles Nigeria (DPAN), while the second partnership brings together Renault and Coscharis Group.
The partnerships aim to produce and sell about 44,000 vehicles annually, marking a significant step toward strengthening Nigeria’s automotive manufacturing sector.
Peugeot Relaunches Local Assembly
Under the collaboration with Dangote Peugeot Automobiles Nigeria (DPAN), several Peugeot models are expected to return to the Nigerian market. These include the Peugeot 301, 308, 3008, 5008, and 508, which will be assembled locally.
The move signals a revival of Peugeot’s historic presence in Nigeria, where the brand once held a dominant share of the country’s automobile market.
Renault Expands Through Local Partnership
Meanwhile, Renault is partnering with Coscharis Group, one of Nigeria’s major automotive distributors, to support vehicle production and distribution in the country.
The collaboration is expected to strengthen the availability of locally assembled vehicles while supporting Nigeria’s efforts to develop a sustainable automotive industry.
Renewed Push for Local Manufacturing
French automakers were once major players in Nigeria’s vehicle market but gradually lost ground due to economic instability, declining local production, and an influx of cheaper imported vehicles.
Industry stakeholders believe the renewed partnerships could help rebuild Nigeria’s auto manufacturing capacity, create jobs, and reduce dependence on imported vehicles.
The initiatives also align with broader efforts to promote local industrial production and strengthen Africa’s automotive value chain.
