Toyota Nigeria has accomplished an breakthrough in Nigeria by uncovering of its first locally-assembled vehicle in Lagos, a Hiace transport bus. Toyota Nigeria a year ago hinted of its arrangement to build up a vehicle get assembly plant in the nation to join Nissan, Ford, Kia, Peugeot and a large group of other auto firms as of now amassing vehicles locally. The Managing Director, Toyota Nigeria, Mr. Kunle Ade-Ojo, said the new Hiace was assembled in the company’s plant in Lagos, built with 30,000-unit production limit each year.
The Hiace, he said, was gathered as an experiment, including that the association would soon start its large scale manufacturing. This is coming to fruition over two years after the declaration of the Automotive Industry Development Plan by the Federal Government, which raised the import duty on autos from 22% to 70% keeping in mind the end goal to dishearten vehicle importation.