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Nigeria: Vehicle imports up marginally in Jan-Feb 2012

New vehicle imports into Nigeria rose marginally in the January-February 2012 period, reaching 8,072 units. Compared with the corresponding period in 2011, this was an improvement of 1.5%. This marginal increase has been attributed to dealers holding back from placing new orders, having been stuck with old inventory, Reuters said. The report, Subscribe to Automotive … Continued

New vehicle imports into Nigeria rose marginally in the January-February 2012 period, reaching 8,072 units. Compared with the corresponding period in 2011, this was an improvement of 1.5%.

This marginal increase has been attributed to dealers holding back from placing new orders, having been stuck with old inventory, Reuters said.

The report,

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https://www.automotiveworld.com/articles/92960-nigeria-vehicle-imports-up-marginally-in-jan-feb-2012/

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