{{The Renault-Nissan Alliance has signed a Memorandum of Understanding (MoU) with West African conglomerate Stallion Group to start a vehicle assembly unit in Nigeria
\nAccording to a media report, the car makers have decided to set up a base in Nigeria as they expect the government to approve a new policy designed to encourage the development of the automobile industry in the country.}}<\/p>\n
The first vehicle from this assembly unit to be introduced to the market would be the Nissan Patrol SUV in early 2014, company sources said.<\/p>\n
Renault-Nissan Alliance chief executive officer Carlos Ghosn said, \u201cNissan is preparing to make Nigeria a significant manufacturing hub in Africa. As the first-mover in Nigeria, we are positioned for the long-term growth of this market and across the broader continent.\u201d<\/p>\n
Stallion Group, which is Nissan\u2019s exclusive distributor in the country, is also expected to increase capacity to 45,000 at its existing plant in Lagos, Renault-Nissan Alliance said. It will be an assemble of cars, light-duty trucks, pickups and vans, media added.<\/p>\n
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