Renault-Nissan eyes producing vehicles in Nigeria with local partner

Article by Anita Panait, on October 11, 2013

Renault-Nissan is planning to produce vehicles in Nigeria with a local partner, starting with the Nissan Patrol sports utility vehicle next spring. Production of Renault vehicles will then follow. Renault-Nissan has inked a preliminary agreement with the Stallion Group that entails the West African conglomerate increasing capacity at its existing plant in Lagos, Nigeria, the alliance partners said in a statement.

Stallion currently builds commercial vehicles at the Lagos site. Its annual capacity would be hiked to 45,000 units to assemble a range of cars, light duty trucks, pickups and vans, Renault-Nissan said. Renault-Nissan chief executive Carlos Ghosn remarked that the Japanese carmaker is preparing to make Nigeria a "significant manufacturing hub in Africa."

He said that as the first-mover in Nigeria, Renault-Nissan is positioned for the long-term growth of local market and across Africa. The carmakers' move comes as the Nigerian government is expected to green light a new policy designed to encourage development of the country's auto industry, the alliance partners said.

Nissan is targeting to double annual sales in the continent by 2016 from 110,000 units in 2012, with plans to bring in the Datsun brand in South Africa before the end of 2014.

Topics: renault, nissan

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Amazon is now moving beyond the four corners of online retailing. Only recently, the retail giant has been awarded a patent for its Road Network system. Since the patented technology...
by - January 20, 2017
The newest version of the Lamborghini Huracan is not a Superleggera, but a Performante. When Lamborghini filed for a patent for a new name, there were still debates whether this...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries