CFAO Yamahaset to assemble motorcycles in Nigeria

PHOTO: african-markets.com

PHOTO: african-markets.com

AS part of measures to strengthen the Nigerian automobile indusrty, CFAO Motors Nigeria Limited has concluded plans to produce motorcycles in the country.

The auto firm who recently signed an agreement with Yamaha Motor Company Limited on the motorcycle manufacture and distribution in Nigeria is aimed at contributing their quota to the development of the country’s transportation industry.

As a result of this incorporation, CFAO YAMAHA MOTOR NIGERIA LIMITED is now set to fix its factory equipment; test-run the assembly process and appoint several dealers in preparation for the first roll out of brand new YAMAHA motorcycles with effect from September this year.

In a statement by the pioneering Managing Director of the new company, Olivier Levigne, who has decades of experience with automobile brands such as Peugeot, Chevrolet and Mitsubishi in Nigeria.

He said that his team, which includes a couple of Japanese experts from YMC is confident that Nigerians and the country at large would enjoy the benefits that Yamaha motorcycles would bring especially with quality assured local assembly line and a wide distribution network nationwide. The assembly plant of the new company is located in the premises of CFAO within the AmuwoOdofin industrial zone in Lagos and it has a production target of 70,000 Yamaha motorcycles by 2018.

The new company will take advantage of the manufacturing and marketing expertise of Yamaha Motor Corporation, Japan and CFAO’s business experience and vast distribution network in Nigeria spanning over 113 years.

Moreover, the company will introduce also other Yamaha products such as outboard engines, water vehicles (like jet-ski), ATV (all-terrain vehicles), power generators and water pumps.

He noted that the management of CFAO Yamaha Motor Nigeria Ltd is ready to admit more dealers for its marine products, motorcycles, power generators and spare parts, whilst empowering authorized workshops and professionally trained mechanics for the task ahead.

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