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China is most important battleground for carmakers

The automotive industry is coming under increasing pressure worldwide due to a growing focus on electric mobility, autonomous driving and digital services. Competition from China is also on the rise.

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Experts say Nigeria’s used cars are outselling new cars at a ratio of 35 to 1. Bambo Adebowale, Chairman Auto & Allied Sector of the Lagos Chamber of Commerce and Industry joins CNBC Africa to discuss ways to improve Nigeria’s automobile industry.