- Nissan’s share in the Gulf sees year-on-year growth of more than 20 per cent
- Middle East set to play a key role in expansion plans as part of Nissan M.O.V.E to 2022 strategy
Dubai, United Arab Emirates : Nissan today announced its fiscal year 2017 (FY17) business results in the Middle East, which demonstrate the company’s successful performance across the region. In the Gulf (GCC without KSA), Nissan’s market share grew by more than 20 per cent year on year. Nissan’s market share in the wider Middle East region also experienced a steady growth of almost 10 per cent.
“Our priority as a business is providing the best to our customers in terms of both service and products, and our latest sales figures are a recognition we are doing our job well” said Juergen Schmitz, Managing Director of Nissan Middle East. “In the past year, Nissan has continued its upward trajectory in the Middle East, growing in terms of sales, market share, customer satisfaction and brand power. We are determined to continue this growth by focusing on our customers.”
FY17 was also a strong year for Nissan in terms of accolades, with the company receiving eight awards at the 2018 MENA Cristal Festival, including the prestigious Festival Grand Prix. The Nissan Altima, Nissan Kicks and Nissan GT-R also all received awards at various ceremonies throughout the year. In addition, Nissan’s AQDAR Drive Safely campaign received two different industry awards for the most innovative Road Safety CSR campaign.
Another major milestone was in November 2017, when Nissan became the official automotive partner of Expo 2020 Dubai. The partnership provides Nissan an unrivaled opportunity to showcase its latest Nissan Intelligent Mobility technologies to global audiences. As Expo 2020's Official Automotive Partner, Nissan will provide over 1000 cars to make up the mega-event’s fleet, these will include electric vehicles and next generation cars featuring advanced technologies. Expo 2020 will also be the first major organization in the Middle East to use the Nissan LEAF, which is already the world's bestselling electric car. Learnings from the partnership will help accelerate the electrification of mobility in the region.
Nissan’s midterm plan for the Middle East
Nissan’s priority in the region for FY18 and beyond is increasing market share, driving brand power and maintaining leadership in customer service.
Kalyana Sivagnanam, Regional Vice President, Marketing and Sales, Nissan AMI and President of Nissan Middle East said: “With 83 countries and 44 per cent of the world’s population, Africa, the Middle East and India is a region of opportunity for car manufacturers, and we anticipate continued growth in the lead up to 2022. As one of the most promising markets in the region, the Middle East is set to play a major role in achieving our goals”.
The first pillar of Nissan Middle East’s strategy will drive overall excellence in the Gulf region, with initiatives such as improved dealership facilities. It also focuses on consolidating the company’s growing share in key markets such as the UAE.
The second pillar is driving brand power and accelerating sales, with Nissan poised to unlock further potential in all markets. The company will also look to optimize marketing and sales performance, adding new models to its already strong presence in key segments, and building on its fiscal year 2017 sales in the Gulf of almost 85,000 vehicles.
The third pillar focuses on Nissan’s Intelligent Mobility strategy which defines the way cars are powered, driven and integrated into society. Nissan aims to familiarize consumers with smart technologies such as electric vehicles and autonomous driving. Expo 2020 Dubai will be a great platform for the company to premiere new Nissan Intelligent Mobility technologies.
The strategy for the Middle East forms part of a major expansion strategy of the Africa, Middle East and India region that was announced earlier this month under the company’s six-year midterm plan, Nissan M.O.V.E. to 2022.
About Nissan Motor Co., Ltd.
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.
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Mohammed Al Tawil
Deputy General Manager - Corporate Communications
Nissan Middle East FZE
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Edelman Middle East
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© Press Release 2018