Author: coscharis_admin

The President of the Federal Republic of Nigeria, Muhammadu Buhari in his briefing this evening to the citizens on the ongoing measures to curtail further spread of the COVID – 19 pandemic has directed an extension of the lockdown in Lagos, Ogun and Abuja  for another 14 days starting from tonight Monday 13 April, 2020.

As a follow up and as promised to continually update all our stakeholders (internal and external), our offices in both Lagos and Abuja remain closed in line with the directives of the Federal government. In addition, we have suspended our operations in Akwa – Ibom and Anambra states following the respective state government’s earlier directives.

All our customers are encouraged to make use of our other communication platforms earlier shared for any urgent and very important services that does not require physical visit in our offices in the affected locations as our relevant staff will continue to try and attend to your enquires from their various homes where necessary via phone and emails.

We continue to encourage all staff and customers alike to follow directives from relevant government authorities at this time on how to keep safe by staying at home amongst other medical advises to put a total stoppage to this pandemic that has affected every facets of our lives.

Coscharis group as an entity will continue to support the government as we are already doing during this period. 

KEEP SAFE BUT DON’T PANIC!!

Management 

 

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Following the official directive of the Akwa – Ibom State government to shut down all public and private institutions in the state starting from tomorrow, Friday 3 April, 2020, this is to officially announce the closing down of our Uyo branch for the next 14 days as directed by the state government. This is to further curtail further spread of the Corona virus in the state.

We hereby encourage our customers to make use of other communication platforms earlier shared for any urgent and very important services that does not require physical visit to our office as our relevant staff will try to attend to your enquires from their various homes where necessary via phone and emails.

In line with the promise to continue to monitor developments in states where we operate, the management hereby direct all staff in the Uyo branch to stay in their various homes for the next 14 days starting from Friday 3 April, 2020 while we await further directives from appropriate quarters. 

Again, we will keep to emphasize the need for both staff and all stakeholders alike to continue to follow all the necessary precautionary health measures as pronounced by the relevant government authorities to keep safe in this trying period of our time.

Coscharis group remains resolute that this corona virus that has been declared pandemic will be eradicated with the collective support of us all.

 

STAY SAFE BUT DON’T PANIC!!

 

 Management

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As promised to continually update both all our internal and external stakeholders as we monitor new developments in relations to the Corona virus issues in the country, we hereby announce the immediate closure of all our operations in Lagos and Abuja respectively. This is strictly in line with the Federal government directives as officially announced by Mr. President, Muhammadu Buhari on Sunday 29 March, 2020 as part of the government’s measures to curtail further spread in both Lagos State and Abuja.

While we shut down our offices in the two locations mentioned by 11.00pm on Monday 30 March, 2020 as directed by the Federal government, we encourage our customers to make use of other communication platforms earlier shared for any urgent and very important services that does not require physical visit to our offices as our relevant staff will try to attend to your enquires from their various homes where necessary via phone and emails.

With the above pronouncement, the management has directed that work ends by 3.00pm today Monday March 30, 2020 to enable staff to equip themselves and their families during the stay at home period. Also, all staff in the two locations, i.e. Lagos State and Abuja are expected to stay in their various homes for the next 14 days from Tuesday March 31, 2020 while we await further directives from appropriate quarters. We shall continue to monitor developments in other states where we operate as we remain committed to adhering to all relevant authorities’ directives as a responsive and responsible organization especially to support all initiatives to put a total stop and eradicate this virus from our country.  

More importantly at this time, we can’t over – emphasize the need for both our staff and all stakeholders alike to continue to follow all the necessary precautionary health measures as pronounced by the relevant government authorities to keep safe in this trying period of our time (reference to the attachment as a reminder).

Coscharis group remains resolute that this corona virus that has been declared pandemic will be eradicated with the collective support of us all. 

STAY SAFE BUT DON’T PANIC!!

 

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Following the recent global outbreak of the Corona virus that has been declared as pandemic by the World Health Organization, the respected Nigerian conglomerate, Coscharis Group is urging all her customers, staff and stakeholders not to panic but take precautionary and safety measures as instructed by the WHO and the Nigerian Center for Diseases Control.

In the words of the President of Coscharis Group, Dr. Cosmas Maduka, ‘’ we have been following with great details the global developments as it relates to the Covid – 19 health situation which is really unprecedented that has brought the whole world to a standstill. As a responsible corporate entity, we are heeding to government and the health institutions’ advice to ensure the safety of our assets whom are our staff and all our entire stakeholders.  We have therefore put in place critical safety precautions in line with required guidelines across all our facilities and business concerns. In line with the Lagos State Governor’s directives, all our Lagos based offices have been directed to drastically scale down number of their staff that will be coming to the office to achieve the required social distance directives while others work from home to be able to continually deliver value for all our stakeholders’’. 

Some of the measures already put in place are the hand – held scanners to check the temperature of all visitors and staff coming in and out of all our facilities. Automatic and manual dispensers in all touch points within all our locations. Consistent cleaning of critical areas of all our buildings where human traffic occurs. Likewise, all offshore business trips for staff has been put on hold while the foreign partners has equally been advised to stay in their various countries for the period till further notice.

During this challenging period, while we would be exploring options that will reduce physical engagements where it is necessary, to the barest minimum otherwise, we encourage our customers and stakeholders to utilize other platforms like telephones, emails and our website as credible options to engage for our services.

Coscharis group stand by all the efforts of the government to control the spread of this unfortunate virus and encourages every citizens and foreigners alike to remain responsible as we believe this is just a phase that will soon fade away in our lifetime.

 

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With love in the air having Valentine’s Day just around the corner, the leading auto dealer organization, Coscharis Motors PLC is set to delight customers and prospects with special gifts of love across its entire line up of its iconic automobile brands including BMW, Jaguar Land Rover and Ford from now till end of February, 2020 across her dealerships nationwide.

With the theme “Gifting Your Partner Something Truly Special”, Coscharis Motors is offering compelling various discounts on these brands with an all inclusive minimum 3 – 5 years free service on the BMW and Land Rover brands. For instance, you can pick up a brand new BMW from N15M.

Additional offers include free registration, trade-in options together with complimentary first year insurance package.

According to Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group, “in order to further deliver the excitement that resonates with a special day like the Valentine day, we are throwing open our showrooms in both Lagos and Abuja to our loyal customers and prospects alike to come and celebrate their love in style and immerse themselves into a world of automobile luxury on the 14^th of February 2020 while they have drinks in the house”. A special couple’s drive experience is available to first four customers in Abuja for a memorable test drive to have a feel of our iconic cars other offerings for possible purchase.

Furthermore, joining us at our open day on the 14^th of February 2020, offers you the opportunity to seat with our professional Sales team and spec any of your preferred vehicle with special rebate on accessories and lifestyles requested amongst other offerings.

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Coscharis Group through one of its subsidiaries, Coscharis Motors representing some respected iconic auto brands in Nigeria ended the year with recognition awards on some of its brands and personnel. It was a glorious day for the leading auto dealer giant, Coscharis Motors at the recently held award event organized by the Nigerian Auto Journalists Association at the Eko Hotels and Towers, Lagos. The automobile company carted home two awards with the Range Rover Autobiography winning the Luxury SUV of the year award while the General Manager, Marketing and Corporate Communications, Abiona Babarinde was also recognized as the Media / PR Manager of the Year award respectively.

The award for the luxury SUV category was keenly contested with other tested luxury brands but the Range Rover Autobiography came tops according to the organizers after strong consideration of the market acceptance of the Range Rover Autobiography in all ramifications. The Range Rover Autobiography variant has its special appeal and style that resonates with its priority audience when it comes to class, comfort and performance. Presenting the award to Mr. Abiona Babarinde who represented Coscharis Group at the event, the Assistant Corp Marshal, Federal Road Safety Corps, Mr Samuel Obayemi who stood in for the Corp Marshal of the FRSC, Dr. Boboye Oyeyemi, equally applauded the choice of the Range Rover Autobiography as the winning brand in this category as he confirmed that it is revolutionary, reliable and a class on its own when it comes to luxury in the Sport Utility Vehicle segment. He equally commended Coscharis Motors for maintaining the global standard of positioning the brand overtime to the ever dynamic Nigerian market as the sole franchisee of the Jaguar LandRover brand in Nigeria.

Likewise, Coscharis Motors’ efforts in the luxury segment of the automobile industry was duly recognized at another award event organized by The Nigerian Automotive Industry Award where the Jaguar XJ was awarded the Luxury Car of the Year. 

Commenting on these awards, the expectedly elated President of Coscharis Group, Dr. Cosmas Maduka dedicated the awards to the organization’s ever loyal customers for their consistence patronage and acceptance of the brands over the years with a promise to continually create more value in the automobile industry in Nigeria across board. In his words, ‘’there can’t be another best way to end a very challenging business year in 2019 than with these set of prestigious awards as recognition to some hard work made possible by our hard working team members across board who despite all odds has consciously strive to deliver value for money at all times for the benefit of our numerous stakeholders. We do cherish all these awards that came our way especially coming from the ever conscious and professional media partners that has been part of the success story of the Coscharis brand from the beginning in Nigeria and beyond’’.

The ever exciting annual NAJA award ceremony that usually brings stakeholders in the automobile industry together under one roof expectedly lived up to its billings with industry players from both the private and public sectors fully represented. 

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Coscharis Motors is set to reveal the very first-ever BMW X7, the pinnacle of BMW’s X Sport Activity Vehicle line-up and a statement of the luxury class at the Banana Island Cultural Festival in September 28, 2019.

According to Abiona Babarinde, GM, Marketing and Corporate Communication, Coscharis Motors – “the objective of the reveal at Banana Island is to offer customers and prospects an opportunity to see and feel the all new BMW X7 within their home and work contexts.”

“The new 2019 BMW X7 becomes the second BMW model to be launched at the Banana Island Cultural festival. The very first was the BMW 5 series in 2017.

Also the new BMW 7 series will be added to this reveal in order to pull back the covers on a new definition of automotive luxury,” he stated further.

The BMW Brand Manager for Coscharis Motors, Cletus Aregbeshola, also enthused that BMW X7 builds on the class leading comfort, handling, safety and technology of all the previous BMW X Sport Activity Vehicle model lines that have been produced at Plant Spartanburg since 1999.

“BMW’s latest premium Sports Activity Vehicle is designed to reflect the personality and requirements of the owner. It not only adds a new top model to the X family, but also defines a progressive approach to luxury for the BMW brand”. The X7 offers standard three row seating for 7 with optional Second-row Captain’s Chairs offering a more exclusive seating arrangement for 6. Standard two-axle air suspension, 21-inch alloy wheels and advanced driver assistance systems ensure that the new BMW X7 lives up to expectations of style, driver engagement, passenger comfort and all-weather and all-terrain capability.

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• Renault returns back to Nigeria!

• Groupe Renault and Coscharis Group start local assembly in Nigeria

• The Coscharis Motor Assembly plant will assemble Renault Logan and Renault Duster and will distribute the vehicles through their sales network throughout the country.

• Groupe Renault is leader in Africa with 18% market share.

Automobile enthusiasts in Nigeria are about to get fired up and live their passion once again as the renowned French automobile brand, Renault, makes a return to the country.  Precisely on the 18^th of July 2019, Renault will make a giant stride back into the Nigeria market, however, this time around, it will be led into the market by Nigeria’s foremost automobile dealership, Coscharis Motors Plc, one of the subsidiaries of the Coscharis Group.

To kick start this strong cooperation which involves both local production and distribution, two of the Renault variants namely Logan and Duster will be assembled in the existing Coscharis Assembly facility in Lagos. Additionally, Renault Kwid and Renault Oroch will be imported as Complete Built Unit (CBU) in due course of the partnership.

“With a population of over 200 million, Nigeria is a strategic African country where Groupe Renault will extend its footprint. The Coscharis Group is a recognized player in car (vehicle) assembly and distribution.  Thanks to their expertise and our products adapted to the local needs, we will be able to answer immediately to the customers’ demand in Nigeria” said Fabrice Cambolive, SVP and Chairman of the Africa, Middle-East India region of Groupe Renault.

Groupe Renault is leading the African continent with an 18% market share. In 2018, Groupe Renault sold more than 216 000 vehicles in Africa. The most important countries in sales volume are currently Morocco, Algeria, South Africa, Egypt. The group’s objective is to maintain its leadership within these countries and respond to the demand of the new emerging middle class of the countries like Nigeria.

Commenting on this new business collaboration, the President / CEO of Coscharis Group, Dr. Cosmas Maduka said: ‘’this partnership is to showcase another initiative from our great organization through one of our subsidiaries, Coscharis Motors, to further create value as a key player in the automobile industry in Nigeria; we are glad to celebrate the confidence the renowned brand, Renault reposed in us to represent them in Nigeria. This milestone marks another step in the evolution of our organization towards remaining timeless in its relevance’’.

According to Maduka, this partnership is to further delight the esteemed loyal customers and prospects alike, especially towards providing them a bouquet of more options and value for money. In his words, ‘’We are committed to broadening our dealership scope when such opportunity as this happens, since it is a strategic opportunity to deliver capable, refined and cost-effective vehicle models to our ever loyal customers’’.

This new milestone achievement from Coscharis that is expected to reshape the automobile industry in Nigeria will take place at the Coscharis Motors Assembly facility in Awoyaya, along Lekki-Epe Expressway, Ibeju-Lekki, Lagos is expected to be witnessed by dignitaries from all walks of life, including leadership from the three tiers of the government (both at Federal and State levels), members of the diplomatic corps, industry stakeholders and enthusiasts as well as the media.

About Coscharis Group

Coscharis Group established in 1977 is a reputable wholly owned Nigerian conglomerate with interests in various sectors of the economy which include Automobile, Information and communications technology, Logistics, Agriculture, Food & Beverages, Properties, Health amongst others representing globally respected iconic brands in Nigeria. The group has branches across Nigeria and in three West African countries. It presently has automobile sales and service dealerships in all the geo-political zones in Nigeria with 5 outlets in Lagos alone, which is the commercial nerve of the Nigerian economy.

With the intent to support the growth of the Nigerian automotive industry in Nigeria, Coscharis Motors Assembly Ltd (CMAL) established in 2014, commenced assembling of vehicles and rolled out its first batch in November 2015.

About Groupe Renault

Groupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.9 million vehicles in 134 countries in 2018, with 36 manufacturing sites, 12,700 points of sales and employing more than 180,000 people.

To address the major technological challenges of the future, while continuing to pursue its profitable growth strategy, Groupe Renault is focusing on international expansion. To this end, it is drawing on the synergies of its five brands (Renault, Dacia, Renault Samsung Motors, Alpine and LADA), electric vehicles, and its unique alliance with Nissan and Mitsubishi Motors. With a 100% Renault owned team committed to the Formula 1 World Championship since 2016, the brand is involved in motorsports, a real vector for innovation and awareness.

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The all new BMW 7 series is now available for viewing at Coscharis Motors. The BMW brand flagship comes with a more distinctive, luxurious and outstanding dynamics. It stands out with its prestigious, elegant appearance, superlative comfort and exceptionally sporty performance, a combination that only the BMW 7 Series delivers in this class.

According to Cletus Aregbeshola, Marketing Manager for BMW, Coscharis Motors; “around three-and-a-half years on from the introduction of the sixth generation in 2015, the BMW 7 Series Sedan has undergone a wide ranging and effective updates. These updates have positioned the flagship model as a trendsetter, introducing world-firsts that are being copied by other manufacturers.”

At A Glance

Visually, the new BMW 7 Series looks like a completely new model – especially at the front and back. In many respects, it has become even more luxurious, with numerous highly advanced components. This includes more powerful and fuel-efficient petrol engines, a new, pioneering infotainment system and the latest driver assistance systems.

Excellent Ride Comfort

The sixth-generation BMW 7 Series Sedan also sets standards in terms of providing both maximum ride comfort and a sporting and dynamic driving experience. This is due to an advanced chassis design complete with a self-levelling two-axle air suspension included as standard. With its intelligent mix of aluminium, high-strength steel and a body structure benefiting from magnesium and carbon reinforcements (Carbon Core), the BMW 7 Series also has the lowest weight among its competitors.

Competitors

The BMW 7 Series Sedan is the dominant vehicle in the automotive luxury class, along with the S-Class. However, the key difference to the S-Class is that the BMW 7 Series supports a wider range of set-ups allowing drivers to choose between superior ride comfort on the one hand and extremely sporty handling on the other.

Other competitors such as the Audi A8, Porsche Panamera and Lexus LS lag considerably behind the two top models from BMW and Mercedes-Benz, both in terms of sales volume and in being perceived as the world’s most prestigious volume-produced luxury sedans (Rolls-Royce, Bentley and Maybach excepted). All models but the M760Li and 745Le xDrive are available in a short- and a long-wheelbase version.

About Us

Coscharis Motors is the sole franchisee of BMW brands in Nigeria with sales and service networks across Nigeria. Currently, her BMW sedan range includes 7, 6, 5, 4, 3 and 2 Series. The X Range includes X6, X5, X4 and X3. Orders have recently been placed for the latest and first ever BMW X7.

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Coscharis Motors is set to commence placement order for the first-ever BMW X7, the pinnacle of BMW’s X Sport Activity Vehicle line-up. The BMW X7 builds on the class leading comfort, handling, safety and technology of all the previous BMW X Sport Activity Vehicle model lines that have been produced at Plant Spartanburg since 1999.

The 2019 BMW X7 offers standard three row seating for 7 with optional Second-row Captain’s Chairs offering a more exclusive seating arrangement for 6. Standard two-axle air suspension, 21-inch alloy wheels and advanced driver assistance systems ensure that the new BMW X7 lives up to expectations of style, driver engagement, passenger comfort and all-weather and all-terrain capability.

BMW X7 exterior: A new dimension in luxury

BMW has pulled back the covers on a new definition of automotive luxury. The BMW X7 blends presence, exclusivity and spaciousness with the versatile and agile driving properties customers would expect from a BMW Sports Activity Vehicle (SAV). The newest and largest model in the BMW X line-up uses outstanding powertrain options and chassis technology, plus generous levels of space in each of its three rows of seats, to deliver unparalleled experiences for the driver and passengers.

The expansive exterior dimensions of the BMW X7 take luxury to a new level. At 203.3 inches in length, 78.7 inches wide and 71.1 inches tall, and with a wheelbase of 122.2 inches, the X7 displays harmonious proportions and establishes itself as the new head of the BMW X model family.

BMW X7 Interior: More space for an exclusive ambiance

The impressive open expanse of the BMW X7 interior brings a new sensation of three rows of seats that treats the driver and passengers to an exceptional feeling of roominess within the X7’s elegantly appointed interior surroundings. Expansive surfaces and clean structures give the instrument panel a modern look and its lines flow smoothly into the door panels. Large trim surfaces framed with electroplated accents on the instrument panel and center console enhance the interior’s elegant and exclusive aura.

The two passengers in the third row can settle into full-size seats that are fully capable of accommodating adult passengers over longer journeys. Comfort levels here are enhanced by an additional rear glass sunroof panel, cup holders and armrests integrated into the side panel trim. The standard second row configuration offers seating for three. Alternatively, two extremely comfortable individual Captain’s Chairs can be specified for the middle row as an option. These comfort seats offer the same range of adjustments as the seats for the driver and front passenger.

The individual seats for the second row also feature integrated armrests and comfort cushions. Two second-row seats with a space between them represent a first for a BMW SAV and create an exceptionally luxurious ambience in the rear compartment. The space between the individual seats also provides an access route to the third row.

The standard air suspension allows the car to be lowered (at the touch of a button in the trunk) to make loading cargo easier. The new BMW X7 features a two-section split tailgate, both elements of which have electric opening and closing as standard.

Power and Performance

The new 2019 BMW X7 launches with a choice of two updated gasoline engines. Heading up the range is the BMW X7 xDrive50i, with an extensively updated 4.4-liter V8 engine. A 3.0-liter inline six-cylinder engine, found under the hood of the new BMW X7 xDrive40i rounds out the model line-up. All engines channel their power through an eight-speed Steptronic transmission, while BMW xDrive intelligent all-wheel drive is on hand to ensure that power is transferred into secure progress – on or off road.

xDrive all-wheel drive with optional rear locking differential

The task of maximizing traction, agility and directional stability in the new BMW X7 falls to the latest generation of the BMW xDrive intelligent all-wheel-drive system, which is now able to split drive-torque between the front and rear wheels with even greater precision and speed as the situation demands. For added efficiency, full power can be directed completely to the rear wheels in situations where all-wheel drive traction is not required.

Color Palette and interior features

The all-new 2019 BMW X7 will offer a choice of six popular existing and brand new colors at launch, including non-metallic Alpine White and metallic paints in Carbon Black with M Sport Package, Black Sapphire, Mineral White, Arctic Grey and Vermont Bronze. Three more colors will be introduced by mid 2019 production, including Jet Black, Dark Graphite, and Phytonic Blue.

The X7 xDrive40i comes standard with Black SensaTec or a choice of nine premium Vernasca and Extended Merino Leathers. The X7 xDrive50i features standard Vernasca leather interior in Black, Canberra Beige, Coffee or Cognac with the option to upgrade to an Extended Merino Leather interior in Black, Ivory White, Coffee or Tartufo. A two-tone Ivory White/Navy Blue Full Leather Merino interior, with a Navy Blue leather dashboard and a Navy Blue Alcantara headliner, can be specified for both models.

The luxurious interiors can be further enhanced with options such as Leather Dashboard, Glass Controls for the Start/Stop button, Gear Shift lever, iDrive Controller and radio volume knob, Panoramic Sky Lounge LED Roof and Front Ventilated and Massaging Seats.

Extended list of optional equipment

The list of optional equipment available for the new 2019 BMW X7 is designed to further tailor BMW’s latest premium Sports Activity Vehicle to reflect the personality and requirements of the owner.

Remote Engine Start, 22 inch alloy wheels and a factory installed tow hitch, rated for 7,500 lbs. are just some of the notable individual options available for the BMW X7.

5-Zone Automatic Climate Control is available as part of the Cold Weather Package, which also includes Front and Rear Heated Seats and Heated Front Seat Armrests and Steering Wheel.

The Premium Package includes Remote Engine Start, Soft-Close automatic doors, rear electric side window shades, Heated and Cooled Cup Holders, Heads-Up Display, Harman Kardon Surround Sound Audio (standard on the X7 xDrive50i) and Gesture Control.

The Executive Package for the X7 xDrive50i includes the Panoramic Sky Lounge LED Roof. Glass Controls and BMW Laserlight headlights.

The Panorama Sky Lounge LED Roof, generates a very special and exclusive aura when darkness falls, with LED light spreading evenly across the glass surfaces to illuminate more than 15,000 graphic patterns and generate a display reminiscent of a starlit sky. The color scheme of this atmospheric light show can be adapted as desired.

The new BMW X7 comes with a 4 year free service plan and an extended warranty.

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