According Reuters, The Renault-Nissan Alliance and West African conglomerate Stallion Group have signed a preliminary agreement to start vehicle assembly in Nigeria and potentially create a major Nissan manufacturing hub for Africa.
The memorandum of understanding would see Stallion, which is Nissan’s exclusive distributor in the country, increase capacity at its existing plant in Lagos, Renault-Nissan said in a statement on Wednesday.
Stallion currently produces commercial vehicles at the facility, but the plant’s annual capacity would be expanded to 45,000 units to assemble a range of cars, light duty trucks, pickups and vans, the alliance said.
The only way to reduce the preponderance of second hand cars on our roads is to produce good quality cars with affordable pricing locally,”stallion group nigeria