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OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from fraud. [36] [37] In August 2023, OLX's India business was acquired by CarTrade for ₹ 535.54 crore. [38]
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A well-known foreign car manufacturer in Kaduna was Peugeot Automobiles Nigeria (PAN). However, in April 2022, Aliko Dangote took over Peugeot its shares [22] and the company name was changed to DPAN. Under the new management PAN/DPAN will mainly assemble Chinese brands Chery and Higer using pre-produced parts.
On 20 May 2022, Innoson presented its first "Keke". Kekes are three-wheeled motor vehicles and the main means of transport in Nigeria. They have so far been imported from the Far East and usually cost about 800,000 Naira or 1,600 Euros. Innoson announced a selling price of 500,000 Naira or 1,000 Euros.
Tokunbo Vehicle is the local name ascribed to used vehicles imported from Europe in Nigeria. [1] The word 'Tokunbo' is a unisex name given to children of Yoruba heritage born overseas. It literally means 'born overseas' or 'born across the sea'.
NFL fans are gearing up for one of the best holiday traditions in sports. The league is set to kick off its playoff push with three Thanksgiving games, featuring several teams vying for playoff spots.
Nyayo Car (1986) [5] Morocco. Laraki (1999) Société Automobiles Ménara (1972) Somaca (1959) Nigeria. Innoson Vehicle Manufacturing [6] (2013) Mikano Automobile;
Internet classifieds sites such as OLX, Quikr, Loogga etc. are gaining prominence in emerging economies such as India, Brazil and Nigeria. OLX and Quikr recently enabled their users to sell cows and buffaloes in rural India [19]