De Auto Shop is a subsidiary of BREAKTHRU ANTURES ENTERPRISES.
De Auto Shop was established in 2011. The company deals on:
Automobile spare parts and accessories
Motorcycle spare parts and accessories
Tricycle spare parts and accessories
GPS tracking devices
Automobiles in Nigeria:
The automobile market in Nigeria is a significant sector, driven by increasing demand for passenger cars and light commercial vehicles. Here's an overview:
Market Trends:
Growing Demand for Sedans: Sedans are becoming increasingly popular due to their fuel efficiency and affordability, with many Nigerians opting for used sedans over brand-new cars.
Electric Vehicle Adoption: Nigeria's EV market is still in its infancy, but there's growing interest in electric vehicles, with projects like Sterling Bank's Qoray Mobility aiming to improve charging infrastructure.
Local Assembly Plants: The Nigerian government is encouraging local assembly plants, with companies like Innosson Vehicle Manufacturing producing vehicles in the country.
Major Players:
Toyota: Maintains a leading position in the market with a share of 26.4%.
Innosson: A local player gaining traction in the market.
Hyundai: A popular brand in Nigeria, although it experienced a decline in sales in recent years.
MG: A Chinese brand gaining popularity in Nigeria, with a significant growth rate in recent years.
Motorcycles in Nigeria:
The motorcycle business in Nigeria is a thriving industry, driven by increasing demand for affordable and efficient transportation solutions. Here are some key aspects and opportunities:
Market Trends:
Growing demand for affordable and fuel-efficient motorcycles, particularly among young urban commuters and delivery services
Rising preference for motorcycles with advanced features like digital displays, smartphone connectivity, and improved safety measures
Increasing popularity of electric motorcycles as a more environmentally friendly alternative
Expansion of ride-hailing services, further boosting demand for motorcycles
Business Opportunities:
Motorcycle Dealership: Retail and distribute top-quality motorcycles, requiring a deep knowledge of the sector and networking with industry veterans
Motorcycle Repair Services: Offer regular maintenance and repair services, particularly in populated towns where commercial bike transportation is prevalent
Motorcycle Spare Parts Sales: Sell spare parts online or offline, capitalizing on the high demand for replacement parts
Motorcycle Rentals: Rent motorcycles to tourists, first-time visitors, and others who need short-term transportation
Motorcycle Training: Offer training services for new riders, teaching safe riding skills and practices
Motorcycle Tour Agency: Organize guided motorcycle tours for tourists and travel enthusiasts
Key Players and Locations:
Popular motorcycle brands in Nigeria include Bajaj, TVS, Honda, Qlink, yamaha and Suzuki
Major motorcycle markets and dealerships can be found in cities like Lagos, Abuja, Nnewi and Ibadan
Tricycle in Nigeria:
The tricycle market in Nigeria, particularly the "Keke Napep" sector, is a significant industry that provides affordable transportation solutions. Here's an overview:
Types of Tricycles:
Keke Napep: A popular term for tricycles used for commercial purposes, often imported from China or India.
Passenger Tricycles: Designed for carrying people, typically with a seating capacity of 3-4 passengers.
Cargo Tricycles: Used for transporting goods, often with a larger cargo compartment.
Market Trends:
Growing Demand: Tricycles are increasingly popular in Nigeria, particularly in urban areas, due to their affordability and maneuverability.
Commercial Use: Many tricycles are used for commercial purposes, such as transporting passengers or goods.
Entrepreneurial Opportunities: The tricycle market provides opportunities for entrepreneurs to start businesses, such as tricycle rental services or logistics companies.
Key Players and Locations:
Importers: Many tricycles are imported from China or India, with popular brands including:
Tvs King: A popular brand of tricycles in Nigeria.
Bajaj: Known for their durable and fuel-efficient tricycles.
Markets: Tricycles can be found in various markets across Nigeria, including:
Lagos: A major hub for tricycle sales and usage.
Abuja: Tricycles are widely used in the capital city for transportation.
Other cityies: Tricycles are also popular in other cities, such as Ibadan, Benin, and Port Harcourt
GPS tracking System:
A GPS tracking system is a technology that uses the Global Positioning System (GPS) to determine the precise location of a vehicle, person, or object. Here's an overview:
Key Features:
1. Real-time tracking: GPS tracking systems provide real-time location data, allowing users to monitor the movement of vehicles or objects.
2. Location history: Many GPS tracking systems store location history, enabling users to track past movements and analyze routes.
3. Geofencing: Geofencing allows users to set boundaries and receive alerts when a vehicle or object enters or exits a specific area.
4. Speed tracking: GPS tracking systems can monitor speed, providing insights into driving habits and potential safety risks.
5. Alerts and notifications: Many systems offer customizable alerts and notifications for events such as unauthorized use, speeding, or geofence breaches.
Applications:
1. Vehicle tracking: GPS tracking systems are widely used in fleet management, logistics, and transportation industries to monitor vehicle location, optimize routes, and improve efficiency.
2. Asset tracking: GPS tracking can be used to monitor the location and movement of assets, such as equipment, containers, or packages.
3. Personal tracking: GPS tracking devices can be used for personal tracking, such as monitoring the location of children, elderly individuals, or pets.
4. Security: GPS tracking systems can be used to prevent theft and recover stolen vehicles or assets.
Benefits:
1. Improved efficiency: GPS tracking systems can help optimize routes, reduce fuel consumption, and improve overall efficiency.
2. Enhanced security: GPS tracking can help prevent theft and recover stolen vehicles or assets.
3. Increased productivity: By monitoring location and movement, GPS tracking systems can help businesses streamline operations and improve productivity.
4. Better customer service: GPS tracking can provide accurate estimated arrival times and improve customer satisfaction.
Types of GPS Tracking Devices:
1. OBD-II trackers: Plug-in GPS trackers that connect to a vehicle's OBD-II port.
2. Hardwired trackers: GPS trackers that are hardwired into a vehicle's electrical system.
3. Portable trackers: Battery-powered GPS trackers that can be moved between vehicles or assets.
4. GPS tracking software: Software solutions that provide GPS tracking capabilities, often integrated with other fleet management features.
Considerations:
1. Accuracy: GPS tracking accuracy can be affected by various factors, such as satellite signal strength and environmental conditions.
2. Cost: GPS tracking systems can require significant upfront investment, including hardware and software costs.
3. Data management: GPS tracking systems generate large amounts of data, which must be managed and analyzed to provide valuable insights.
4. Privacy: GPS tracking raises privacy concerns, particularly when used to track individuals or personal assets.