• Sunday, February 25, 2024
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Nissan Nigeria wins global award for outstanding performance


Nissan’s sales company in Nigeria, Stallion NMN Ltd, has won the 2015 Nissan Global ‘National Sales Company’ Award in recognition of its outstanding sales and market share achievement in the 2014 financial year.

In the period March 1st 2014 to April 31st 2015, Nissan significantly increased its share of the automotive market segment in Nigeria from 4 percent to 10 percent.

Managing Director and President of for Nissan South Africa, Mike Whitfield, said: “We have worked side by side with the Stallion Group to achieve what is a very encouraging increase in our share of the key Nigerian market.

“Within Nissan we have a strong desire to make a full and lasting contribution to rebuild automotive industrialisation in Nigeria and to play an important role in the growth of the manufacturing sector.

“I would personally like to congratulate the entire Stallion NMN team on a job well done. I am confident we will maintain this great momentum going forward,” Whitfield said.

The award is amongst Nissan’s highest internal recognition for sales performance. Group Managing Director of Stallion Automobile Division, Parvir Singh commented upon hearing the good news: “We value our partnership with Nissan immensely and aim to deliver their world class expertise and dedication to customers in Nigeria.”

The global Stallion Group partnered with Nissan in April 2013, forming Stallion NMN Limited, which became the sole manufacturer, importer and distributor of Nissan vehicles in Nigeria.

Since then the number of dealerships in Nigeria has increased.

The new Victoria Island showroom was the eleventh Nissan outlet in the country – a demonstration of Nissan’s long term commitment to increase brand visibility in Africa’s most populous country.

In addition to sales success, Nissan is also working closely with Stallion to develop its manufacturing footprint in Nigeria.

Nissan became the first automaker to build cars in Nigeria through the collaboration with Stallion Group. Production began at the company’s Lagos plant in April last year and already four models are now coming off the production line” Proudly Naija”, creating jobs and developing skills within the local supply chain.

Sunil Vaswani, Chairman of Stallion Group, said: “Together with Nissan we are transforming Nigeria into a notable manufacturing and distribution hub. We will provide a comprehensive range of passenger, commercial and recreational vehicles, and are currently engaged in a dynamic program of new model introductions.

“It is our intention to progressively build Nissan’s market share in the coming years, and transform the Nissan brand into one of the largest automakers in Nigeria.”

As the first-mover in Nigeria’s highly competitive automotive market, Stallion NMN Limited is well-positioned for long-term growth across the broader continent.

Jim Dando, Nissan General Manager for Sub-Saharan Africa, said, “We’re well placed in the Sub-Saharan region to meet our customers’ needs through an expanding model range, retail network and an evolving industrial footprint in Nigeria building cars ‘in’ Africa, ‘for’ Africa.

“Together with the Stallion Group, Nissan is fully committed to evolving and developing the business and playing an important part in the growth story of Nigeria’s automotive market.”