German automobile giant, Volkswagen has assured dealers in the importation and trading of second-hand cars of transferring technology and knowledge to them while they work to rope them into the assembly and trading of brand new cars in the country.

He further added that they will provide training for dealers in the local automobile space.

In what started as a dream to assemble cars in the country some two years ago, VW has taken the lead to unveil four of its first batch of cars in Ghana which they hope to expand to cover the West Africa sub-region.

The process was not without resistance and agitation from major stakeholders in Ghana's automobile space.

Speaking to the media at the launch of VW Passat, Tiguan, Teramont and Amarok at Kempinski Gold Coast Hotel in Accra, CEO of VW Ghana Jeffery Peprah allayed the fears of local industry players.

"We are not here to take their business but rather to transfer technology and knowledge to them. We will rather bring them on board to make them sell our cars," he said.

President Nana Akufo-Addo who unwrapped the latest cars said government is in partnership with the private sector to anchor the country's economy on the path of industrialisation.

He indicated that until locally produced goods are consumed by citizens, the deliberate effort at ensuring sustainability will fade.

The president said he has since directed all state institutions to prioritise the purchase of locally assembled cars in any future procurement of vehicles.

He said there will be a financial scheme that will afford the ordinary Ghanaian worker the choice to acquire a car.

The Trade and Industry Minister Alan Kyeremanteng stated that Ghana stands a great chance to benefit from the establishment of assembly plants by automobile giants in the country.

He believes the over $10 billion annual import bills will drastically reduce as the country cuts of importation of vehicles.