Nissan to roll out locally SUV in Nigeria
January 25, 2014
The Chief Executive Officer of Nissan Motors, Mr
Carlos Ghosn, has said that the company will roll-out the first made
in Nigeria 4 X 4 Utility SUV in April.
Ghosn said this at a meeting with President Goodluck
Jonathan on Thursday in Davos, Switzerland, on the sidelines of the
ongoing World Economic Forum (WEF).
A statement issued by the Special Adviser to the
President on Media and Publicity, Dr Reuben Abati, from Davos said
Ghosn informed Jonathan of the company’s plan at the meeting.
The Nissan CEO according to Abati, said the company
will use the old Volkswagen Assembly plant owned by its partners as
the production line for the SUV production.
He said Ghosn commended the new Automotive Policy of
the Federal Government and assured that the company would soon
establish its own vehicle production plants with annual capacity of
three million cars.
“Mr Ghosn applauded the Federal Government’s new
automotive policy, saying that it would encourage the inflow of
investments and technical expertise to boost domestic vehicle
“Mr Ghosn said that it was possible to produce two to
three million cars in Nigeria annually with the consequent creation
of thousands of direct and indirect jobs.
“He told the president that Nissan intends to
increase its investment in Nigeria and establish its own vehicle
production plants in the country,’’ Abati said.
Abati said the automobile industry specifically
expressed interest in producing popular cars, totally adapted to the
needs of Nigerians.
He said the company also planned to bring its global
suppliers to make vehicle components in the country.
Abati said that the president assured the Nissan CEO
that his administration was fully committed to rapidly developing
Nigeria’s automobile industry.
The president, according to Abati, said that the
Federal Government would diligently implement the country’s new
national automotive policy.
“President Jonathan said that a key objective of the
new policy was to make new cars affordable to more Nigerians and
reduce the preponderance of second hand cars on our roads,” he said.
Abati said Jonathan noted that all investors in local
automobile production in the country would have a huge ready market
for their products.
The president said that the automobile industry in
Nigeria had a huge potential for growth because the market was not
just Nigeria, but the entire West African region. (NAN)
Nissan to launch vehicle production in Nigeria in 2014
January 23, 2014
LAGOS, Nigeria—Continuing with
its push for future growth in Africa, Nissan Motor Co., Ltd.
announced it will begin producing its full range of light-duty
vehicles in Nigeria starting early next year.
According to Nissan, it put pen to paper on a
memorandum of understanding with West African conglomerate the
Stallion Group to build a host of cars, trucks and vans at
Stallion’s VON Automobile Ltd. assembly plant in Lagos, Nigeria,
Africa’s most populous city and the seventh-fastest growing city in
“Nissan is preparing to make Nigeria a significant
manufacturing hub in Africa,” Nissan president and CEO Carlos Ghosn
said in an announcement about the deal.
“As the first-mover in Nigeria, we are positioned for
the long-term growth of this market and across the broader
According to Stallion’s website, the plant in Nigeria
also produces buses and other commercial vehicles.
Nissan the plant’s capacity will be expanded to
45,000 units to accommodate the new production.
“Our group is committed to invest in a fully
integrated automobile industry that fosters the creation of several
ancillary industries with associated socioeconomic benefits,” said
Stallion chairman Sunil Vaswani.
Nissan said the product lineup destined for Lagos
will be confirmed at a later date, but it anticipates the first
product to be introduced will be the Nissan Patrol SUV in spring
Capacity at the plant will also be opened to Renault,
Nissan’s partner in the Renault-Nissan Alliance, “to be utilized
according to future business needs.”
The move into Nigeria is part of the automaker’s
future growth plan on the continent.
Nissan is aiming to double its annual sales in Africa
by 2016 to more than 220,000 units, up from 110,000 from 2012.
The auto giant plans to launch of number of
regional-specific models in the near future, including an all-new
pickup truck which will be built locally by Nissan at its plant in
Rosslyn, Pretoria, and the launch of the Datsun brand in South
Africa before the end of 2014.
Japan battles China for influence in Africa
JOHANNESBURG — The Globe and Mail
Shinzo Abe is visiting three nations in Africa
Japan’s rivalry with China is going global. After years of jousting
over obscure islands in the East China Sea and competing for Asian
influence, the two countries are now battling for power in a new
It’s a region that Tokyo has long ceded to the Chinese, allowing
Beijing to pile up massive economic and political capital across
Africa. But on Friday, in a major shift in strategy, Japanese Prime
Minister Shinzo Abe arrived in Ivory Coast to begin his first tour
of sub-Saharan Africa – and the first by any Japanese prime minister
in eight years.
Mr. Abe is expected to announce more than $14-billion (U.S.) in
trade and foreign aid agreements during his five-day African tour.
It’s a dramatic escalation in Japan’s stake in the African
battleground, although certainly not enough to threaten China’s
commanding edge in trade and investment in Africa, nor its political
China’s state media were quick to portray Mr. Abe’s visit as an
attempt to challenge Beijing in the African arena. Quoting several
Japanese sources, state-owned China Daily said the Japanese leader
is seeking to “contain” China’s influence in Africa.
Another Chinese newspaper, Global Times, quoted Japan analyst Geng
Xin as saying that Tokyo was “cozying up” to Africa to try to dispel
Japan’s image as an “economic giant and political dwarf.” He said
Japan is wooing the votes of African countries for its bid to become
a permanent member of the United Nations Security Council.
A spokeswoman for the Chinese Foreign Ministry, Hua Chunying, issued
a veiled warning to Japan. “If there is any country out there that
attempts to make use of Africa for rivalry, the country is making a
wrong decision, which is doomed to fail,” she told a press
conference this week.
Japan criticizes Beijing for its tendency to build lavish
headquarters and office towers as donations for African politicians
– including, most famously, the new $200-million headquarters of the
African Union in Addis Ababa, where Mr. Abe is scheduled to give a
policy speech next week.
“Countries like Japan … cannot provide African leaders with
beautiful houses or beautiful ministerial buildings,” Mr. Abe’s
spokesman, Tomohiko Taniguchi, told the BBC.
Japan, he said, prefers to “aid the human capital of Africa.”
But while the two countries take verbal shots at each other, the
reality is that China has adopted a far more aggressive strategy in
Africa, and has been enormously successful so far. China’s
investment in Africa was reported to be about seven times that of
Japan in 2011, and its exports to Africa were about five times
China has become the top trading partner, or second-biggest trading
partner, of about half of Africa’s countries. It is a major investor
in Africa’s resources sector, and the biggest buyer of oil and
minerals from many African countries. Its construction companies are
building roads, highways, railway lines, sports stadiums, transit
systems and hospitals across Africa.
Japan will find it difficult to catch up to China’s political
influence here. China’s leaders are frequent visitors to the
continent. Chinese Foreign Minister Wang Yi is currently in the
middle of an African tour, and Chinese President Xi Jinping visited
Africa last year on his first overseas trip as President. Beijing
has cultivated close relationships with Africa’s ruling parties,
routinely inviting their officials on junkets to China.
Japan has lagged far behind in this race. Most of its engagement
with Africa is as an aid donor. Last year it promised up to
$32-billion in public and private assistance to Africa over the next
five years, but this only confirmed its reputation as a donor,
rather than a business partner.
Only a handful of Japanese investors are active in Ivory Coast,
Ethiopia and Mozambique – the three countries that Mr. Abe is
visiting in his current tour. According to a fact sheet by the
Japanese government, there are only two Japanese companies in Ivory
Coast and only one in Ethiopia.
Mr. Abe, who calls himself Japan’s “top salesman,” seems determined
to propel Japan into a much more active role on the world stage.
Last year, in the first year of his latest term as Prime Minister,
he visited 25 countries around the world – including all 10
countries in Southeast Asia and most of the oil-producing countries
in the Persian Gulf. He is expected to visit another six countries
this month alone.
Africa is “a frontier for Japan’s diplomacy,” he told reporters as
he departed on his latest overseas tour. He is bringing a delegation
of Japanese business leaders with him on the tour, signalling his
goal of shifting from aid to trade.