Innoson news

Innoson Motors is a Nigerian automobile manufacturing company that has been in the news several times due to various controversies and achievements. Here are some recent news updates about Innoson Motors:

  1. Innoson Motors wins N2.5 billion judgment against GTBank: In 2020, Innoson Motors won a N2.5 billion judgment against Guaranty Trust Bank (GTBank) over a disputed loan. The company had accused GTBank of refusing to release a loan facility it had granted to Innoson.
  2. Innoson Motors launches new vehicle, the Innoson G80: In 2020, Innoson Motors launched a new vehicle, the Innoson G80, which is a luxury SUV. The vehicle was launched at the company's headquarters in Nnewi, Anambra State.
  3. Innoson Motors partners with Chinese company to produce electric vehicles: In 2020, Innoson Motors partnered with a Chinese company, BYD, to produce electric vehicles in Nigeria. The partnership aims to produce electric vehicles that are suitable for the Nigerian market.
  4. Innoson Motors wins award for best indigenous car manufacturer: In 2020, Innoson Motors won an award for the best indigenous car manufacturer in Nigeria. The award was presented by the Nigerian Automotive Industry Development Plan (NAIDP).
  5. Innoson Motors to establish new plant in Aba, Abia State: In 2020, Innoson Motors announced plans to establish a new plant in Aba, Abia State. The plant is expected to produce vehicles and spare parts for the Nigerian market.
  6. Innoson Motors to launch new vehicle, the Innoson G40: In 2020, Innoson Motors announced plans to launch a new vehicle, the Innoson G40, which is a luxury sedan. The vehicle is expected to be launched in the first quarter of 2021.
  7. Innoson Motors to partner with Nigerian government to produce vehicles for security agencies: In 2020, Innoson Motors announced plans to partner with the Nigerian government to produce vehicles for security agencies such as the Nigerian Police Force and the Nigerian Army.
  8. Innoson Motors wins contract to supply vehicles to Nigerian government: In 2020, Innoson Motors won a contract to supply vehicles to the Nigerian government. The contract is worth N1.5 billion and involves the supply of vehicles to various government agencies.

These are some of the recent news updates about Innoson Motors. The company has been making significant progress in the Nigerian automotive industry and has been involved in various controversies and achievements.