Elizade Launches N394 Million JAC Cars Auto Center

Elizade Nigeria Limited reported that it will soon start to assemble the JAC brand of vehicles in the country.

Managing Director of the company, Mr Demola Ade-Ojo, said this on Tuesday in Lagos at the launch of an auto center exclusively meant to market the JAC brand of vehicles.

Ade-Ojo suggested that Elizade had already secured the support of the JAC management to ensure the smooth beginning and success of the assembly operations.

The MD said as part of the preparation for the project, Elizade had submitted an application to the National Automotive Design and Development Council and was expecting to be granted an auto manufacturer status.

The new venture is been undertaken with the Elizade Autoland name in partnership with a Chinese auto manufacturer, JAC Motors, Ade-Ojo said.

The MD also spoke on the new auto center worth over $2m (about N394 at N197/dollar official rate), saying it was meant to provide an easy sale and a hassle-free maintenance arrangement for the JAC vehicles.