25052018 - BENUE KILLINGS: ETHNIC CLEANSING OR JIHAD? Soyinka, Northern leaders tango

Vanguard, FRIDAY, MAY 25, 2018 —21
KIA, Access Bank unveil Drive
Your Dream, pay at your pace
AT a time when auto
dealerships and financial
institutions are scared of offering
auto finance to new vehicle
buyers, Kia Motors and Access
Bank have proved their
commitment to their Nigerian
customers by providing
affordable and flexible auto
finance options to those of them
who wish to acquire brand new
Kia car models.The two
companies put pen to paper
recently on the new easy auto
finance scheme aimed at
ensuring that their customers
purchase Kia automobiles of their
choices through the scheme.
Tagged Drive Your Dream, Pay
at Your Pace offer, the finance
scheme is premised on a hasslefree
car ownership offer with as
low as 10% downpayment, free
insurance, attractive interest rates
and flexible loan tenure of 48
months to make owning brand
new Kia vehicles easy and
convenient.
This auto finance scheme is
tailored to suit customers’ needs
with flexible monthly repayments
and is best suited for individuals,
organizations, corporate bodies
and institutions to avail a
convenient and easy access to
finance options making it easy
to drive away their brand new
Kia.
Speaking on the finance
scheme, Jacky Hathiramani,
Managing Director, Kia Motors
Nigeria said “our core
competitive edge in the auto
industry is the offering of best in
class vehicles at an affordable
price and we are delighted to
partner with Access Bank to
make owning the Kia range of
vehicles affordable with flexible
payment options”.
The Executive Director,
Personal Banking Division,
Access Bank, Victor Etuokwu
stressed that “the finance scheme
is aimed at making all customers
own a brand new car with ease
and tailor-made payment
options” adding “the joint
promotion offers a subsidized
insurance and registration fee,
with improved access to an auto
loan to enable customers to drive
their dream car.This partnership
represents another step forward
in our strategy to ensure our
customers have consistently
available, transparent and
competitive financing. Kia’s
vehicles offer modern design and
reliability at an affordable price”.
“And with our special auto
finance scheme with Access
Bank, it’s never been easier to
take home your very own brand
new Kia. “ said, Debanja Paul,
Vice President, Kia Motors
Nigeria.
“Access Bank’s vision is to
satisfy all customers’ financial
needs and help them succeed
financially. Whether you take
advantage of on-the-spot vehicle
financing at Kia’s showroom or
apply for a loan at a branch, an
Access Bank car loan is a
convenient and flexible way to
finance your dream car. We
understand that your individual
lifestyle demands a certain
standard of convenience, Kia and
Access Bank partnership is
designed to suit your individual
needs,” said, Victor Etuokwu.
The partnership provides the
opportunity for customers to walk
into any Kia showroom or Access
Bank branch across the country
and get an on the spot finance
solution. The on-site financing
service means that you have
access to both the cars and the
financing solution under the
same roof to make owning a Kia
hassle-free.
ASSET
Management
Corporation of Nigeria,
AMCON, has said its
divestment plan for PAN
Nigeria Limited, assemblers of
Peugeot brand of automobiles
in Nigeria is still on track. The
corporation said it has not
finalised plans to sell the plant
to any of the bidders.
Head, Corporate
Communications, AMCON,
Mr. Jude Nwauzo told
Vanguard yesterday that they
have not finalised who the
company will be sold to. This
was in reaction to an
advertisement by Dangote
AS Nigerian roads are
not getting better, most
car buyers are mindful of cars
they buy to enable them
navigate the poor roads. Most
times, the ground clearance,
comfort, durability, safety and
performance are usually top
priorities. The Changan CS35
marketed in Nigeria by
Stallion Motors has all these
qualities and more. It is
competitively priced and
delivers like a top Class SUV.
Emerging from the stable of
Changan - one of China’s
oldest and largest auto
L-R: The Executive Director, Personal Banking, Access Bank, Victor Etuokwu; the Managing
Director, Kia Motors Nigeria, Jacky Hathiramani and the Zonal Head, Lagos Mainland,
Commercial Banking , Access Bank, Ralph Opara at a signing ceremony of Kia Access promo
launch.
Stallion unleashes Changan CS35 on
entry level SUV segment
manufacturers- the Changan
CS35 compact SUV
demonstrates aptitude and
versatility of an urban-styled
crossover with strong stance,
smooth-styling-details that
predates the automaker’s 32
years experience in building
and selling passenger
vehicles in its 156 years
industrial history.
Currently ranked No. 1
among Chinese automobile
brands with annual sales
volume of three million units,
no fewer than 8,500 new
Changan vehicles are sold
Our divestment plan for PAN Nigeria still on track
– AMCON
Group that it was going to build
another Peugeot plant for the
assembling of Peugeot brand in
Nigeria. “We have not finalised
who we are going to sell to. So
many interests are there. We
have financial advisers, we
allow them to do their job”, he
said.
He said Dangote bidded like
others for the plant and has not
opted out yet according to the
corporation’s record.h
Meanwhile, the
representative of Peugeot
Automobile France in Nigeria,
Mr. Eric Maydiey told
reporters reasons the company
settled for Dangote.
Peugeot Automobile France,
has officially confirmed why
Dangote Group and some
other interests (floating a joint
venture) decided to abandon its
bid to buy over PAN Nigeria
Limited from the Asset
Management Corporation of
Nigeria (AMCON).
Speaking in Lagos yesterday,
the representative of Peugeot
Automobile France in Nigeria,
Mr. Eric Maydiey, said the joint
venture, known as Dangote
Peugeot Automobile Nigeria
(DPAN), decided to opt out
because over a year after bidding
for the company with 52m Euros
(over N21b), AMCON is yet to
declare it as the winner of the
bid.
According to him, DPAN has
decided to build another
Complete Knock-Down (CKD)
auto assembly line in another
location in Kaduna, which will
be more modern and cheaper to
achieve.
He stated “We plan to do CKD
in the new plant because CKD
has a lot of advantages, but with
SKD (Semi-Knock Down), there
is no advantage to the
country”.The Peugeot boss
affirmed that with the recent
development, PAN Nigeria will
no longer have the franchise to
produce Peugeot vehicles in its
Kakuri, Kaduna plant again.
According to him, DPAN plans
to start the production of vehicles
in its new assembly plant in
Dutse, Kaduna, along the Abuja-
Kaduna expressway by 2019.
daily in 6,000 sales and
service facilities in more than
60 countries.
Changan is undoubtedly, a
tech-savvy automotive giant
with extensive investment in
advanced research and
innovative technologies – a
commitment that has
reinforced its partnership with
global R&D organizations.
The CS35 according to
Changan was borne out of the
automaker’s desire for
advanced research and
innovative technologies
through the formation of
global R&D (research and
development) partnership
agreements with renowned
European, American and
Japanese automakers.
Built with superbly striking
features including six-way
manual adjustable driver’s
seat, four-way co-driver seat
and eye-catching attractions
such as front/rear fog lamps,
shark-fin antenna, leather
seats, multi-functional
steering wheel, rear parking
sensors, ABS/EBD with
brake assist among others,
the CS35 is yet unmatched
by archrivals in the small
SUV segment.
“Changan applies new
technologies to provide hitech,
high quality and
fashionable automobile
products for the customers
and -this is why the ‘V’ logo,
which epitomizes ‘Victory’
and ‘Value’- is committed to
building world class
automobile enterprise and
creating value for
customers,” the automaker
affirmed.
The Changan CS35 also
won a sequence of
international design honours
especially for styling and
cutting
edge
environmentally-friendly
design concepts.In 2015 for
instance, Changan won the
National Science and
Technology Progress Award,
reaffirming Changan’s
commitment to the
advancement of technology
and innovation through
R&D.