Nissan Names New Distributor For Malawi

Whatsapp News

Multinational automobile manufacturer, Nissan Motor CorporationMultinational automobile manufacturer, Nissan Motor Corporation has Stansfield Motors as the Malawi distributor of its vehicles.

“Stansfield Motors will now manage our Nissan brand in Malawi after we terminated our relationship with CFAO,”said Nissan Market Development Manager for sub-Saharan Africa, Grant Scott.

Scott said they cut ties with CFAO after its subsidiary CFAO South Africa sold majority to Toyota Tsusho Corporation, the owner of Toyota Motors which is Nissan competitor. The Japanese headquartered Nissan Motor Corporation sells its cars the Nissan, Infiniti, Datsun and NISMO brands.

Since 1999, Nissan has been part of the Renault –Nissan Alliance, a partnership between Nissan and French automaker Renault. As of 2013, Renault holds a 43.4 percent voting stake in Nissan, while Nissan holds a 15 percent non-voting stake in Renault.[eap_ad_2]

In 2012,Nissan was the sixth largest automaker in the world behind Toyota , Motors, Volkswagen Group, Hyundai Motor Group and Ford.

Nissan was founded in 1934 after, Aikawa separated the expanded automobile parts division of Tobata Casting and incorporated it as a subsidiary, which he named Nissan Motor Corporation Limited.

The automobile maker has produced an extensive range of mainstream cars and trucks, initially for domestic consumption but exported around the world since the 1950s. (Ventures Africa)[eap_ad_3]