New Nigeria car imports tumble 55 pct yr/yr in Q1

* Cash-strapped consumers unwilling to invest in new cars

* Dealers expect tough conditions ahead

By Chijioke Ohuocha

LAGOS, May 12 (Reuters) - Nigerian automobile imports fell by more than half in the first three months of 2010 compared to the same period last year as cash-strapped consumers and firms were reluctant to invest in new cars, industry officials said.

Car sales in Africa's most populous nation are seen by economists as a proxy for measuring ...