Nissan Names New Distributor For Malawi

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

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

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

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

2012,Nissan was the sixth largest automaker 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 as a new 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]