Japanese auto major Nissan on Wednesday said it will introduce eight new products in Africa, Middle East and India (AMI) region under the company’s Global Transformation Plan. Nissan Chief Operating Officer, Ashwani Gupta, said: “Africa, Middle East and India is an important region where we will target investment in existing strengths, including SUV, and bring eight new products to the market. By driving efficiencies through the Alliance and focusing on core competencies, we will further increase the region’s profitability, especially in key markets including the Gulf, South Africa and Egypt.”
The AMI business plan aligns with the global direction of rationalization, prioritization and focus to bring core models and technologies to a region that accounts for around 10% of the world automotive market. The company will build on Nissan’s existing strengths in the region including continued growth in key markets and strong brand presence, maximising synergies with Alliance partners and leveraging an expansive and competitive manufacturing presence in South Africa, Egypt, India and Nigeria.
Chairman of the Africa, Middle East and India region, Guillaume Cartier, said: “The AMI region has enormous potential with some of the most dynamic and diverse automotive markets in the world…Through the mid-term, we will remain focused on driving value for the business by meeting the needs of our customers across the region.” AMI will follow the global transformation strategy, announced last month by Chief Executive Officer, Makoto Uchida, which aims to achieve sustainable growth, financial stability and profitability by the end of fiscal-year 2023.