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.
“We are selling what we have. Nissan vehicles are being supplied directly from South Africa to the dealers,” Nissan Zimbabwe sales and dealer development manager Brendon Butterworth said yesterday.
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.
In an advertisement placed in newspapers, the company says interested buyers “should hurry while stocks last and before duties go up”.
In his mid-term fiscal policy review early this month, Finance minister Patrick Chinamasa reviewed custom duty on single cab tricks of payload more than 800kg, but less than
1 400kg to 40% from 20% effective November 1.
Duty on double cab trucks was increased to 60% from 40%.
Passenger motor vehicles of engine capacity below 1 500cc — the favourite among the hard pressed Zimbabweans — would now attract a duty of 40% from 25%.
Chinamasa said the local assembly of motor vehicles benefited downstream industries, such as paint, carpet material, glasses’, tyres’ and battery manufacturers, among others.
“These industries have, however, either closed or are operating at very low capacity due to low demand for goods and services from local motor vehicle assembly plants,” he said, adding that the measure took into account the need to protect consumers from unfair pricing and substandard products.