Lagos Motor Fair unveils latest car models

The 5th edition of

the Lagos Motor Fair is currently holding at the Tafawa Balewa Square

in Lagos. The exhibition showcases the latest collection of automobiles

for prospective buyers and visitors to the fair.

The motor fair,

which is being organised by BKG Exhibitions Limited, began on October

14, and is scheduled to run till 22. The show hopes to create a forum

where players in the automobile industry get a chance to engage the

public and consumers in feedbacks or complaints about their products.

Major brands on display

Major automobile

brands and car dealers have registered presence at the show, to display

their latest range of products. Germaine and Elizade Motors, dealers in

Toyota cars, are displaying the latest range from Toyota products like

the Prado Jeeps, Corolla, Hilux Jeep and Avensis. Stallion Motors,

dealers in Honda, Audi, Hyundai, Volkswagen and other car brands, is

also showcasing their latest products. Other car companies present are

SCOA Motors, Peugeot, and Hyra Motors, the sole distributors of Geely

and Brilliance motors.

Promotional sales also available

Attractive packages

are being offered at the fair in order to boost sales. Some of the cars

are being sold at discount rates during the duration of the fair. Mr.

Biodun Kolawole, a sales manager for SCOA Motors, said his company is

ready to offer a discount of N100,000 for their cars. Mr. Biodun said

his company is not expecting much car sales during the fair, but sees

it as an opportunity to gather the contacts of potential buyers for

follow-up purposes.

For Michael

Udeaja, an assistant logistics manager for Kojo Motors (dealers in

Toyota cars), visitors to the fair are more interested in purchasing

family cars, like the Toyota Sienna and Toyota Avanza. His company

which sold a 1.5 litre auto engine Toyota Avanza for N3.2 million was

not ready to sell the car at a discount. But he explained that his

company has a partnership agreement with some Nigerian banks, where

buyers could purchase cars based on instalmental payment.

Mr. Udeaja further

noted that the package is also common with other major car dealers,

which Karthik Nayak, a sales manager at Stallion Motors, confirmed to

be true. Mr. Nayak said his company has partnerships with a number of

popular banks.

Car accessories are not left out

Other dealers, who

sold car related accessories, are also on hand at the fair to display

their products. Amongst them are Mobil Oil Plc, which displayed new car

engine lubricants, Sikkens for brake oil, tyre companies, etc.

Toroseda

Technology (Naija Navigator), dealers in attachable car GPS navigation

device, had a stand to display its products. Albert Kowon, the sales

manager of the company said the device is to help with navigating and

finding direction to unknown locations and buildings. The device which

gives a Map display, said the device would sell at an average price of

N50,000.