Auto manufacturer records 52.6% increase in sales

CARLOHA, the exclusive national partner of Chery Automobile in Nigeria, has announced that the brand achieved a yearly sales figure of 1,881,316 units, representing a growth of 52.6 per cent. Exports stood at 937,148, a modest increase of 101.1 per cent.

It stated that the substantial growth in sales and exports, and the compa - ny’s relentless commit - ment to innovation, sus - tainability and global expansion played a piv - otal role in the success stories.

The performances sur - passed the industr y’s growth rate, thus estab - lishing Chery as a critical player in the global automotive market. According to Carloha, the automaker solidified its position as a pioneer in automotive technolo - g y with the introduction of cutting- edge features such as advanced safety systems, smart connectivity, sustainable energy solutions, and artificial intelligence integration to showcase its dedication to providing state- ofthe- art driving experiences.

Marketing Manager, Carloha Nigeria Limited, Mathew Enuomaaje, said the company's commitment to globalization is evident through joint ventures, partnerships, and the establishment of production facilities in different countries. These efforts have allowed Chery to tap into diverse consumer markets, adapt to regional preferences, and position itself as a competitive player on the global stage.

Chery’s commitment to local assembly plants through collaborative ventures with Carloha emphasizes astute dedication to contributing to Nigeria’s economic development.