Cars45 | Business Post Nigeria

By Dipo Olowookere A leading tech-enabled automotive trading platform in Nigeria, Cars45, has announced some products offerings aimed to meet the growing needs of its consumers. According to the firm, which uses its platform to enable the buying and selling of vehicles, making the car ownership dreams of lots of people come true will remain its major imperative. To achieve this, the company has partnered with some banks and fintechs to provide vehicle financing services to both consumers and car dealers. Also, Cars45 has unveiled that it called GoMechanic45, an aftermarket service aimed at providing quality and affordable car repair services for consumers and corporates, deepening the culture of preventive maintenance and scheduled servicing in a manner that helps them to maximize the lifetime value of their vehicles. In addition, the firm has introduced international trade services christened EasyShipDirect. This is an end-to-end importation service that will facilitate the acquisition of clean-titled cars into the country, help the government realise revenue via the payment of import duties and Furthermore, the company said its institutional and corporate sales will cater to corporate and government institutions by solving issues around fleet liquidation and valuation as well as supply while adding value to their automotive needs and unlocking new levers of growth and productivity. According to the CEO of Cars45, Mr Soumobroto “Sunny” Ganguly, the company will continue to make efforts to solve the challenges across the automotive value chain from new, to used, logistics, aftermarket and repair services and scrap vehicles while the business continues to grow on the back of innovation and technology. Speaking at an interactive session in Lagos, he said, “Cars45 has moved into over 12 cities across Nigeria and two others in Africa. “We have a growing franchise dealer network coupled with our Autopreneur support system that has empowered so many young people financially, and our marketplace has exceeded expectations in facilitating consumer-to-consumer vehicle trades and making the car ownership dreams of lots of people come true. “We are confident in our ability to deliver and the strength of our mission to enable automotive trade across the continent.” On the recent management changes, the CEO noted that Frontier Car Group (FCG), which had invested in Cars45 Series A fundraise in May 2017, was acquired by OLX Group in November 2019 to demonstrate their ambition to lead the online market for used cars, adding that Cars45 has now been fully integrated as a proud member of the OLX Autos family. Also speaking during the briefing, Head, Marketing and Communications, Shola Adekoya reiterated the company’s commitment to driving the growth of the automotive sector in Nigeria and ensuring that car-buying and ownership becomes a seamless, safe and secure experience for consumers. “We take our responsibility of providing quality service offerings underpinned by transparency and integrity very seriously. It is incumbent upon us to develop value-based products that will enhance value creation for the Nigerian used cars marketplace,” Adekoya stated. Also, the Head, Lead Management & Marketplace, Patricia Duru, noted that Cars45 has prioritised the delivery of a transformative customer experience for all stakeholders even as its marketplace provides value and variety for consumers.

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