The newest assurance is a product of an agreement between
the German company and Stallion Group, which bought Federal Government shares in the company.
Stallion Group’s Chairman, Sunil Vaswani, expressed the delight of his group to ‘partner a world-leading global brand like Volkswagen.’ Vaswani said Stallion is dedicated to establishing assembly operations, while expanding into other aspects of the automotive industry value chain in Nigeria.
Volkswagen’s Executive Director of Sales, Middle East and Africa, Dr. Jan Utermarck, stated that “Nigeria is the largest automotive market in the Sub-Saharan region; hence, we appreciate the fact that we have found a professional partner in Stallion to launch a local vehicle assembly in Lagos starting in 2015.”
Volkswagen models Stallion said it would assemble at the initial phase, include the Jetta, Volkswagen CC, and Amarok, while Passat, Tiguan and other models will come in subsequent phases.