DUBAI, United Arab Emirates, May 5, 2015 (GLOBE NEWSWIRE) -- Multinational conglomerate Stallion Group was awarded as "Best Performer 2014-15", West Africa by world leading automotive group Ashok Leyland.
Stallion assembles Ashok Leyland buses and trucks in Nigeria within its automobile complex, meeting the needs of mass transportation in the country for the past few years.
The facility also includes training and maintenance facilities for commercial vehicles and complements the Federal Government's efforts to enhance public transportation systems in Nigeria through it BRT scheme.
Further to the new Automotive Policy announced by the Nigerian Government, Stallion has tied up with global auto majors seeking a strategic advantage in the competitive regional market to assemble their products at the plant.
Accordingly, Stallion Group operates several world-class vehicle assembly facilities in Nigeria wherein in passenger and commercial vehicles of an impressive portfolio of global brands are assembled. The brands assembled at the complex include Nissan, Hyundai, Volkswagen and IVECO apart from Ashok Leyland.
Stallion Group Chairman Sunil Vaswani said, "Stallion views Ashok Leyland as a valuable partner and the award is a recognition of Stallion's sustained efforts in the commercial vehicles industry – in assembly, distribution, maintenance and training creating significant local value addition."
Sunil Vaswani further added, "Stallion Group is well poised to expand its operations and investments in the Nigerian Automobile value chain and the other West African markets in the coming years."
Ashok Leyland are the 2nd largest manufacturer of commercial vehicles in India, the 4th largest manufacturer of buses in the world and the 16th largest manufacturer of trucks globally. With a footprint that extends across 50 countries, Ashok Leyland are one of the most fully-integrated manufacturing companies in Asia.
CONTACT: For more information, contact: Ms Saldanha Stallion Group Headquarters PO Box 31620 Dubai United Arab Emirates Email: firstname.lastname@example.orgSource:Stallion Group