Author: InspireTeam

Media Statement

Coscharis Group appoints Fred Amobi as the Deputy Group Managing Director

Following the exit of Dr. Okey Nwuke, the board of Coscharis Group has approved the appointment of Mr. Fred Amobi to the position of the Deputy Group Managing Director of the organization effective from 1st August, 2023.

In a Group-wide announcement made by the President of Coscharis Group, Dr Cosmas Maduka, CON, “Fred will in this new role continue to oversee Group functions – Finance, Human Resources, Supply Chain, Strategy, Marketing and Corporate Communications, Legal, Internal Control and Information Technology. He will now additionally oversee subsidiary companies both within and outside Nigeria”.

Mr Amobi joined Coscharis Group in 2016 as Group Executive Director, Operations. Before joining Coscharis Group, he has worked many years in Lafarge in Nigeria, United Kingdom and Malaysia in different capacities including Finance Director/Chief Financial Officer of Lafarge Cement Wapco Nigeria Plc and Director, Ready Mix operations, Lafarge Africa Plc.

Prior to joining Lafarge, he was the Commercial Director, East / West at Nigeria Bottling Company Plc (a Coca – Cola Hellenic Company) amongst other leadership roles within the Coca – Cola system.

Earlier, he has also held various positions within UAC of Nigeria Plc including Divisional Commercial Director (BPP / Kalamazoo) and Finance Director (Spring Waters Nigeria Ltd – a subsidiary of UAC of Nigeria Plc).

Fred Amobi is a fellow of both the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria. He is also a member of Institute of Directors, Nigeria. He graduated with a Distinction in Accountancy from the Institute of Management and Technology, Enugu. He also holds a Masters Degree in Business Administration from ESUT Business School.

He has attended many senior and executive management/leadership programs in many top rated international institutions including Harvard Business School and Management Center Europe.

About Coscharis Group

Coscharis group is a wholly owned Nigerian conglomerate with diversified interest in various sectors namely Logistics (Coscharis Mobility). Information Technology (Coscharis Technologies). Agro – Allied (Coscharis Farms). Health (Coscharis Medicals). Properties (Coscharis Properties). Food & Beverages (Coscharis Beverages). Automotive (Coscharis Motors Plc) that has one of the largest automobile portfolio with exclusive franchise of various globally respected iconic brands in Nigeria like the BMW, MINI, Jaguar LandRover, Ford, Renault and Auto Care / Components (ABRO) respectively and other subsidiaries outside Nigeria.

 

Abiona Babarinde
General Manager, Marketing and Corporate Communications
Coscharis Group
abionababarinde@coscharisgroup.net

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Media Statement

Coscharis Group appoints Fred Amobi as the Deputy Group Managing Director

Following the exit of Dr. Okey Nwuke, the board of Coscharis Group has approved the appointment of Mr. Fred Amobi to the position of the Deputy Group Managing Director of the organization effective from 1st August, 2023.

In a Group-wide announcement made by the President of Coscharis Group, Dr Cosmas Maduka, CON, “Fred will in this new role continue to oversee Group functions – Finance, Human Resources, Supply Chain, Strategy, Marketing and Corporate Communications, Legal, Internal Control and Information Technology. He will now additionally oversee subsidiary companies both within and outside Nigeria”.

Mr Amobi joined Coscharis Group in 2016 as Group Executive Director, Operations. Before joining Coscharis Group, he has worked many years in Lafarge in Nigeria, United Kingdom and Malaysia in different capacities including Finance Director/Chief Financial Officer of Lafarge Cement Wapco Nigeria Plc and Director, Ready Mix operations, Lafarge Africa Plc.

Prior to joining Lafarge, he was the Commercial Director, East / West at Nigeria Bottling Company Plc (a Coca – Cola Hellenic Company) amongst other leadership roles within the Coca – Cola system.

Earlier, he has also held various positions within UAC of Nigeria Plc including Divisional Commercial Director (BPP / Kalamazoo) and Finance Director (Spring Waters Nigeria Ltd – a subsidiary of UAC of Nigeria Plc).

Fred Amobi is a fellow of both the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria. He is also a member of Institute of Directors, Nigeria. He graduated with a Distinction in Accountancy from the Institute of Management and Technology, Enugu. He also holds a Masters Degree in Business Administration from ESUT Business School.

He has attended many senior and executive management/leadership programs in many top rated international institutions including Harvard Business School and Management Center Europe.

About Coscharis Group

Coscharis group is a wholly owned Nigerian conglomerate with diversified interest in various sectors namely Logistics (Coscharis Mobility). Information Technology (Coscharis Technologies). Agro – Allied (Coscharis Farms). Health (Coscharis Medicals). Properties (Coscharis Properties). Food & Beverages (Coscharis Beverages). Automotive (Coscharis Motors Plc) that has one of the largest automobile portfolio with exclusive franchise of various globally respected iconic brands in Nigeria like the BMW, MINI, Jaguar LandRover, Ford, Renault and Auto Care / Components (ABRO) respectively and other subsidiaries outside Nigeria.

 

Abiona Babarinde
General Manager, Marketing and Corporate Communications
Coscharis Group
abionababarinde@coscharisgroup.net

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Leading automobile dealership in Nigeria, Coscharis Motors Plc, a subsidiary of Coscharis Group and the exclusive franchisee of the Ford brand in Nigeria excited automobile enthusiasts and customers at the recently held 2023 Lagos Motor Fair and Autoparts Expo, which took place at the Federal Palace Hotel, Lagos. Coscharis’s participation at this edition of the auto fair similar to the past editions was in a bid to ensure that the Ford showroom is brought closer to customers and enthusiasts, thereby availing them the opportunity to interact with the latest Ford products in the market. 

Speaking at the fair ground, Abiona Babarinde, General Manager, Marketing & Corporate Communications, Coscharis Group said, “We are excited to showcase these variants of our Ford brand at this year’s Motor Fair to the delight of everyone that visited our stand; most especially the Ranger 4×2 single cabin, assembled here in Nigeria at our ultra-modern auto assembly plant in Awoyaya, Lagos. Also on display here at the fair ground are the iconic Ford Explorer, Ford Edge and the recently introduced Ford Bronco respectively with guaranteed warranties that comes with the purchase of any of these variants to the delight of numerous visitors to our stand. Part of the take away during the fair was the finance scheme package in collaboration with some of our reputable financial institutions including one of our sister companies (Coscharis Mobility) together with a robust insurance cover by our insurance partners (Tangerine and AIICO insurance) firms respectively. You will agree with us that all these delivers a comprehensive soft landing for both existing customers and prospects alike to keep enjoying their favourite Ford vehicles they can now afford”.  

“We also want to seize this opportunity to wet our customers’ appetite by informing them about the All-New Ford Territory, which is soon to debut officially in Nigeria. The all-new Ford Territory which is built for young, smart, and connected customers has a modern design and advanced technology features that deliver a highly exciting and progressive customer experience. Look out for it, it’s coming soon.”

BRONCO

Ford Bronco is a multi-terrain navigator powered by optional 2.3L Ecoboost or 2.7L Ecoboost engines. The Bronco was launched into the Nigerian market by Coscharis Motors at last year’s edition of the Motor Fair. It offers a Terrain Management System with G.O.A.T. Modes (Go Over Any Type of Terrain). These driving modes give you the ability to match performance to the terrain, weather, or whatever the roads and trails throw your way, at the simple turn of a dial. 

EXPLORER

The name says it all: Explorer. And it does just that – empowering adventure-seekers and active families to pack up their gear, load up the gang, and head out. When the Explorer and Explorer Sport debuted 3 decades ago, these category-defining vehicles created a new way to travel. The current version of Explorer SUV offers a spacious interior with increased cargo space compared to the previous generation. With seating for 7, passengers in all 3 rows will benefit. The Explorer has generous1st- and 2nd-row hip room and 2nd-row head room, while 3rd-row passengers enjoy spacious head room. Should someone in the 2nd or 3rd row unbuckle their safety belt, the safety belt usage sensors will alert the driver through the instrument cluster productivity screen. And thanks to a dual-wall dashboard between the engine and passenger compartment, as well as acoustic glass for the windshield and 1st-row windows, everyone will enjoy the Explorer cabin.

EDGE

The Ford Edge, which is another vehicle on display at the motor fair is defined by modern sophistication. Athletic new front and rear styling reaches its ultimate expression – an exhilarating 250 horsepower of performance-enhanced pleasure. There are plenty of smart new features as well.

Starting with Ford Co-Pilot360, a suite of standard driver-assist technologies designed to help you confidently navigate your world. A smooth-shifting rotary gearshift dial that puts you in control of the 8-speed automatic transmission. A wireless charging pad that makes recharging your mobile phone hassle-free. And a B&O Sound System with 12 high-performance speakers. Now more than ever, it’s easy to keep your edge.

Go further

You can go further with the Ford Protect which offers a holistic suite of service, maintenance, warranty and roadside-assistance products aimed at keeping the vehicle in perfect working condition in addition to a 3-yr/100 000km Comprehensive Warranty. 

About Us

Coscharis Motors Plc has the exclusive franchise for Ford brands in Nigeria with Ford dedicated sales showrooms, parts and service workshops in all the six geopolitical zones. 

Felix Mahan

Brand Manager, Ford  

Coscharis Group

+234 8023159925

felixmahan@coscharisgroup.net

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Coscharis Motors Plc, the exclusive representative of the iconic French automobile brand, Renault vehicles in Nigeria gave members and friends of the late Golf buff, Chief Luke Uche Okpuno a memorable experience of the French brand during the recently held memorial tournament at the Ibori Golf and Country Club in Asaba, Delta State.

The major highlight of the tournament was the sponsorship of the Hole-In-One prize of a Renault Duster donated by Coscharis Motors Plc. This expectedly raised the bar of the tournament with both the Pros and others that participated aiming at going home with the star prize but unfortunately, it was a tall order for any of the golfers that participated to hit the hole in one but ultimately it still created the real fun of the game for all the participants.

In his words, Abiona Babarinde, General Manager, Marketing & Corporate Communications, Coscharis Group who represented the sponsor, he said “our sponsorship of this tournament with a Renault Duster for the Hole-In-One prize amongst other donations made towards the success story of the tournament was to first and foremost celebrate a loyal customer of Coscharis in his lifetime in person of late Chief Luke Uche Okpuno and to do that is to key into his favourite sport of Golf when he was alive. Likewise to be able to create an avenue for his family, friends and well-wishers to come together for a tournament like this in his honour to unwind with the game of golf and at the same time have the opportunity to aspire to own any of the brand new Renault vehicles on display aside the one for the star prize”.

 

According to the coordinator of the tournament who happened to be the junior brother to late Chief Okpuno in person of Honourable Gabriel Okpuno while speaking at the closing ceremony, showered so much encomium on Coscharis as a brand for the support towards a success story of a dream come true (the tournament) to honour his late brother with a sport he loved so much during his lifetime. He further stated that his wish, the entire family together with the leadership and members of Ibori Golf & Country Club, Asaba is to immortalise Chief Okpuno’ s name with a yearly tournament in his memory with the prayer that a reputable brand like Coscharis will continue to back them up with their sponsorship support like they did this year.

The one week tournament that started on March 20 th ended on a very exciting happy note on March 25 th with a well packaged dinner and prize giving ceremony to various participants that won in different categories of the tournament. The Captain of the Club, Surveyor Jimmy Odogwu thanked everyone that participated especially the sponsors led by Coscharis Motors Plc that presented the star prize of Hole-In-One. The prize giving segment ended with the announcement of the overall winner in person of Mr. Collins Oseh.

Felix Mahan
Brand Manager, Renault
Coscharis Motors Plc
felixmahan@coscharisgroup.net

+234 802 315 9925

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• Nigeria is the sixth market in the Sub-Sahara region to announce a formal INEOS Grenadier sales and service site; more to follow over the next few months
• The INEOS Grenadier is a rugged and uncompromising off-roader, built from the ground up to meet the most extreme demands of customers
• The Grenadier has undergone extensive testing across Sub-Sahara Africa and is perfectly at home in Nigeria

INEOS Automotive has named Coscharis Motors as its official retail partner in Nigeria. The country is now the sixth market in Sub-Sahara Africa to join the INEOS Automotive brand, following South Africa, Kenya, Tanzania, Namibia and Botswana.

“We are carefully selecting our partners across the SSA region, to find people who know their local market and customers, and also understand our brand,” said Tim Abbott, INEOS Automotive Head of Region South Africa and Sub-Sahara Africa. “Coscharis Motors shares our belief that the INEOS Grenadier is the perfect vehicle not only for Nigeria, but for the continent. Our shared passion for off-roading, along with their excellent reputation in the automotive industry, makes it the perfect partnership for Grenadier in Nigeria.”

Commenting on this partnership, the President / CEO of Coscharis Group, Dr. Cosmas Maduka said: “We are proud that INEOS Automotive has appointed Coscharis Motors to represent its brand in Nigeria. This milestone marks another step in the evolution of our company. With our history and experience of the Nigerian market, we know that the INEOS Grenadier is going to be a serious player in the off-road segment. 

“We have no doubt that the Grenadier has what it takes to handle Africa’s tough terrain and that it is the perfect option to meet the specific demands of those who need a capable, refined, and reliable off-road vehicle in the region. We look forward to the first customer test drives and hearing public feedback, because this vehicle is definitely going to stir things up in Nigeria,” added Dr. Maduka.

Award-winning engines

The Grenadier has been developed to be refined on the road and extraordinarily capable off-road. The Grenadier is powered by a choice of two straight-six, 3.0-litre BMW engines. Both the BMW B57 diesel and B58 petrol powertrains have a proven track record, regularly appearing in top ten world’s best engine lists since 2016. They have been used in everything from sports cars to SUVs.

The two power units bring BMW’s sophistication and refinement to the Grenadier, but they have been enhanced by INEOS Automotive’s engineering team. As well as providing powerful acceleration on tarmac, they also deliver peak torque at low revs – sustaining it through the rev range – for optimal off-road performance.

 

 

The carefully calibrated characteristics help the driver to confidently manage the vehicle’s momentum and grip without stressing the engine, ensuring full control when tackling tricky terrain. The refined turbo petrol engine produces 286PS (210kW) and 450Nm (332 lb ft) of torque, while the twin-turbo diesel generates 249PS (183kW) and 550Nm (406 lb ft), for even greater pulling power. Start/stop is built-in, increasing range and preserving air quality when the vehicle is stationary.

While it’s every inch a rugged 4X4, it ticks all the right boxes on the road, too. The chassis combines a five-link suspension setup with Brembo brakes and Bridgestone tyres, meaning the Grenadier is composed, well- mannered and fun to drive no matter what the terrain.

Global and local network

By the end of this year INEOS Automotive plans to have a network of more than 200 sales and service sites for the Grenadier spanning over 50 countries, including established dealer groups, 4X4 specialists and agricultural equipment dealers.

 

Now that the agreement with INEOS Automotive has been signed, Coscharis Motors will focus on readying its dedicated Grenadier showroom in Victoria Island, Lagos. The first Grenadier demonstrator vehicles are expected to arrive in Nigeria in early 2023 with customer deliveries expected to commence within the first quarter. All aftersales servicing will be conducted at a dedicated workshop also located in Lagos.

The INEOS Grenadier was created to fulfil the vision of adventurer and INEOS Group Chairman, Sir Jim Ratcliffe, inspired by legendary working 4X4s. The Grenadier is a rugged and uncompromising off-roader, designed to be a capable, durable, and reliable working tool to conquer the world’s harshest environments.

For any sales enquiries in Nigeria, please contact Joseph Omokhapue on josephomokhapue@coscharisgroup.net / +234 701 348 6194

 

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, ICT, 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 six geo-political zones in Nigeria with several 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.

For further information about Coscharis Group www.coscharisgroup.com 

Abiona Babarinde

General Manager, Marketing and Corporate Communications

Coscharis Group

abionababarinde@coscharisgroup.net

 

About INEOS Grenadier

In 2017, INEOS Chairman Jim Ratcliffe, a car enthusiast and experienced adventurer, identified a gap in the market for a stripped back, utilitarian, hard-working 4×4 engineered for modern day compliance and reliability. INEOS Automotive Limited was formed and a senior team of automotive professionals assembled to bring the vision to reality with a fresh perspective of 4×4 development and manufacturing.

Combining rugged British spirit and design with German engineering rigour, the Grenadier will be a truly uncompromising 4×4 built from the ground up. Engineered to overcome all conditions, it will provide best-in-class off-road capability, durability, and reliability to those who depend on a vehicle as a working tool, wherever they are in the world.

INEOS Automotive is a subsidiary of INEOS Group (www.ineos.com), a leading manufacturer of petrochemicals, speciality chemicals and oil products. It employs 26,000 people across 36 businesses, with a production network spanning 194 manufacturing facilities in 29 countries. From paints to plastics, textiles to technology, medicines to mobile phones, materials manufactured by INEOS enhance almost every aspect of modern life. In 2019, INEOS had sales of circa $61bn and EBITDA of around $6bn.

To find out more about Grenadier, visit www.ineosgrenadier.com

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