Nissan Motors is now set to roll out the first made in Nigeria Sports Utility Vehicle, SUV in April 2014.
Chief Executive Officer Nissan Motors, Carlos Ghosn made the announcement in an interactive session granted him by President Goodluck Jonathan at the World Economic Forum (WEF) in Davos, Switzerland.
While introducing the new Federal Government automotive policy, last year, Jonathan declared that the automotive industry has potential to create 70,000 skilled and semi-skilled jobs with 210,000 indirect jobs.
Ghosn told Jonathan that Nissan Motors is now ready to “roll-out the first made in Nigeria 4 X 4 Utility SUV in April this year using the old Volkswagen assembly plant owned by its partners”.
Ghosn told the president that Nissan intends to increase its investment in Nigeria and establish its own vehicle production plant in the country.
“We are interested in producing popular cars, totally adapted to the needs of Nigerians”, he said, adding that the company also plans to bring its global suppliers to make vehicle components in the country.
President Jonathan told his guests that a key objective of the new policy was to make new cars affordable to more Nigerians.
