Honda establishes a wholly owned subsidiary to import and sell light vehicles and auto parts in Nigeria, West Africa’s largest market. Honda Automobile Western Africa, based in Lagos with a capital investment of NGN1.85 billion ($11.5 million), is the second local auto subsidiary established by Honda in the African region after South Africa in 2000. The subsidiary will import the Honda City car from Thailand and the Civic, Accord, CR-V and other models from the U.S. Manabu ...
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