Nissan Motor Company on Monday disclosed fresh agenda to launch seven new models in Africa over the next two years.
Within the period, Nissan plans to make Africa a hub for light commercial vehicles (LCV) and increase production of its popular Navara pick-ups and open plants in Ghana and Kenya.
Under the arrangement, the Japanese automaker seeks to focus on high-growth markets to try to weather the impact of the COVID-19 crisis.
The company announced a plan last month to cut the number of models it makes globally and improve efficiency after the pandemic triggered its first annual loss in 11 years.
In the next two years, according to Shinkichi Izumi, Managing Director at Nissan South Africa, Nissan agenda is to expand its SUV and cross-over portfolio in Africa with seven new models, of which four will be in the SUV (sports utility vehicle) category.According to Reuters, he did not disclose details of the investment and levels of production for the region, although Nissan said last year it would spend 3 billion rand ($174.07 million) on its Navara model.