Business / Companies
Nissan Zimbabwe loses franchise
30 Sep 2014 at 07:16hrs | Views
Nissan Zimbabwe (Pvt) Limited has lost the franchise as the official distributor of Nissan vehicles in the country and is embarking on a clearance sale for its stock.
The clearance sale would see prices being reduced by between 5% and 22%. The biggest beneficiary of the clearance sale is the QASHQAI Crossover whose price has been reduced by 22% to $28 000.
A QASHQAI +2 vehicle will now be sold for $37 000 from $45 100. Prior to that, Nissan Zimbabwe was the intermediary between Nissan South Africa and local dealers.
It was responsible for the importation of vehicles and spare parts. The country has four officials Nissan dealers - Nissan Clover Leaf Motors, Croco Motors, Amtec and AMC.
The clearance sale of vehicles comes as Nissan Zimbabwe has also contracted Auction City to do a sale by tender of Nissan spares and accessories.
The tender would include the entire stockholding of new Nissan spares and accessories. Viewing was done on Friday and Saturday.
The tender closed yesterday.
Source - newsday