Topic: Nissan motors to roll out first made in Nigeira SUV in April  (Read 1761 times)

0 Members and 1 Guest are viewing this topic.

Nissan motors to roll out first made in Nigeira SUV in April
« on: January 24, 2014, 09:43:48 AM »



Automobile giant Nissan Motors plans to roll out the first made-in-Nigeria 4 X 4 Sport Utility Vehicle (SUV) in April, using the old Volkswagen Assembly plant owned by its partners.

Chief Executive Officer (CEO) Carlos Ghosn broke the news during a meeting with President Goodluck Jonathan on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.

In a statement by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, Ghosn said it was possible to produce two to three million cars in Nigeria yearly, with the consequent creation of thousands of direct and indirect jobs.

He said Nissan planned to increase its investment in Nigeria and establish its own vehicle production plants.

Ghosn, who applauded the Federal Government’s new automotive policy, said it would encourage the inflow of investments and technical expertise to boost domestic vehicle production.

Stressing that the company also plans to bring its global suppliers to make vehicle components in Nigeria, he said: “We are interested in producing popular cars, adapted to the needs of Nigerians,”

President Jonathan said his administration was committed to developing Nigeria’s automobile industry through the implementation of the new national automotive policy.

The main objective of the policy, he said, was to make new cars affordable.

He said: “The only way to reduce the preponderance of second-hand cars is to produce good quality cars with affordable pricing locally,”

Praising the Nissan group’s investment in vehicle production in Nigeria, he said investors in local automobile production would have a huge ready market for their products.

“The automobile industry in Nigeria has a huge potential for growth. The market is not just Nigeria, but the entire West African region,” Dr. Jonathan said.

President Jonathan also met with President Jakaya Kikwete of Tanzania, who assured him of his participation in the World Economic Forum on Africa scheduled to take place in Abuja.

He later received the Mayor of Atlanta, the United States, Mr. Kasim Reed and Mr. Claude Dauphin, the president of Trafigura, a leading international commodities trading and logistics company.

The Nation

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1905 Views
Last post August 13, 2012, 01:45:00 PM
by admission
0 Replies
1916 Views
Last post April 03, 2013, 07:47:41 PM
by olutee
0 Replies
1360 Views
Last post June 27, 2015, 07:00:36 AM
by olutee
0 Replies
887 Views
Last post January 03, 2016, 07:00:34 PM
by clowntom
0 Replies
956 Views
Last post January 04, 2016, 01:01:19 AM
by olutee
0 Replies
814 Views
Last post July 22, 2017, 01:06:37 AM
by clowntom
0 Replies
676 Views
Last post November 29, 2018, 07:01:58 AM
by PulseNG
0 Replies
721 Views
Last post December 03, 2018, 01:01:10 AM
by PulseNG
0 Replies
552 Views
Last post May 17, 2019, 07:03:04 PM
by flukky-2
0 Replies
748 Views
Last post July 10, 2019, 01:02:39 AM
by PulseNG