Soumobroto “Sunny” Ganguly, Chief Executive Officer, Cars45,
Auto
Nigeria's leading
tech-enabled automotive trading platform, Cars45, has reiterated its commitment
to enabling trade within Nigeria’s automotive industry as well as defining the
future of automotive trade across the country by providing consumers with a
brand experience that helps them with smarter buying and selling choices.
Cars45 founded in 2016
provides an end-to-end digitized customer journey for buying and selling cars
for individuals and corporate organizations with a desire to help them get the
most value from any automotive transaction.
At an interactive session
in Lagos, Chief Executive Officer, Cars45, Soumobroto “Sunny” Ganguly stated
that meeting the needs and expectations of its customers and stakeholders will
remain a major imperative even as the company intensifies efforts at solving
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.
“Cars45 has moved into
over twelve 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 fund raise in May 2017 was acquired by OLX Group in November
2019 to demonstrate their ambition to lead the online market for used
cars. Cars45 has now been fully
integrated as a proud member of the OLX Autos family.
Cars45 announced some
products offerings that include: 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.
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.
International Trade
services christened as EasyShipDirect is an end-to-end importation service that
will facilitate the acquisition of clean titled cars into the country, help the
government realize revenue via the payment of import duties and
Lastly, Cars45 has
partnered financial institutions - fintechs and banks to provide vehicle
financing services to both consumers and car dealers with a view to
removing long-standing barriers to car
ownership and help grow the pool of car owners across the country.
The company also noted
that its expansion into Kenya and Ghana is growing while strengthening its
partnerships with car manufacturers and OEMs that include KIA, Kewalram Nigeria
and CFAO with a view to facilitating new car sales and ownership.
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.”
Head, Lead Management
& Marketplace; Patricia Duru noted that Cars45 has prioritized the delivery
of a transformative customer experience for all stakeholders even as its
marketplace provides value and variety for consumers.
The event had in attendance senior management executives from
Cars45 that include: Head, Finance, Elizabeth Iyi-Eweka; Head, Technical
Operations, Pankaj Bohra and Head, People Operations and Central Support
Services, Olajumoke Obembe amongst others.
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