About Lanre Shittu Motors
Lanre Shittu Motors is a company based in Lagos (Nigeria) founded in 2005 by Alhaji Shittu. It operates as a B2B. Lanre Shittu Motors offers products and services including Toyota Coaster, Toyota Hilux, Land Cruiser Prado, Yutong 27 Seater, and JAC Waste Compactor Truck. Lanre Shittu Motors operates in a competitive market with competitors including Pendragon, COYOTE, R T Briscoe, Boulos Enterprises and Alpha Motors, among others.
- Headquarter Lagos, Nigeria
- Founders Alhaji Shittu
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Sectors
Transportation, Automotive & Logistics
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Website
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Social
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Annual Revenue
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Net Profit
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Products & Services of Lanre Shittu Motors
Lanre Shittu Motors offers a comprehensive portfolio of products and services, including Toyota Coaster, Toyota Hilux, Land Cruiser Prado, Yutong 27 Seater, and JAC Waste Compactor Truck. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
30-seater bus for passenger transportation purposes
Double cab pickup for commercial and utility uses
Luxury vehicle for off-road and daily driving
Bus for group transportation needs
Vehicle for waste management operations
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Funding Insights of Lanre Shittu Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lanre Shittu Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lanre Shittu Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lanre Shittu Motors Comparisons
Competitors of Lanre Shittu Motors
Lanre Shittu Motors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pendragon, COYOTE, R T Briscoe, Boulos Enterprises and Alpha Motors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Car dealership, repair, and leasing services are provided.
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Integrated solutions for fleet management and vehicle tracking
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Automobiles and real estate sectors are engaged in Nigeria.
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| domain | founded_year | HQ Location |
Two-wheelers and four-wheelers are sold via an online platform.
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| domain | founded_year | HQ Location |
Designs and manufactures electric luxury vehicles and motorcycles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lanre Shittu Motors
Frequently Asked Questions about Lanre Shittu Motors
When was Lanre Shittu Motors founded?
Lanre Shittu Motors was founded in 2005.
Where is Lanre Shittu Motors located?
Lanre Shittu Motors is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of Lanre Shittu Motors?
Alhaji Shittu is the current CEO of Lanre Shittu Motors. They have also founded this company.
What does Lanre Shittu Motors do?
Lanre Shittu Motors is a Nigerian company that manufactures and assembles vehicles, including brands like Toyota, at a plant capable of producing up to 2500 units annually with advanced facilities. They distribute these vehicles and provide after-sales services such as repairs and spare parts. Operating from Lagos, with branches in Abuja, Port Harcourt, Ilorin, and Kano, they serve clients in the automotive sector across Nigeria.
Who are the top competitors of Lanre Shittu Motors?
Lanre Shittu Motors's top competitors include COYOTE, Pendragon and R T Briscoe.
What products or services does Lanre Shittu Motors offer?
Lanre Shittu Motors offers Toyota Coaster, Toyota Hilux, Land Cruiser Prado, Yutong 27 Seater, and JAC Waste Compactor Truck.