Top read this week | Ramaphosa hails Nissan’s decision to invest R3bn in SA
President Cyril Ramaphosa addressing Nissan South Africa's Investment ceremony. Picture: GCIS
He was speaking at the company’s Rosslyn, Pretoria plant after Nissan SA MD Mike Whitfield announced the investment to build the Navara pick-up from 2020. Whitfield said the intention is to build about 30,000 Navaras annually, almost doubling the current total Rosslyn production of about 35,000. Nissan SA expects Navara production to start in the fourth quarter of 2020. Whitfield said the additional production volumes, which will require Rosslyn to add a second daily shift, will create about 400 jobs in the plant and 800 at parts suppliers.
Kargar said the investment is in response to the government’s decision to extend the motor industry’s strategic plan, the Automotive Production and Development Programme , beyond its original 2020 limit and make it part of a broader automotive strategy running to 2035. “Consistent policy is helpful,” he said. “The motor industry is not a short-term industry.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan pledges R3bn to SA for manufacture of new Navara modelNissan plans to invest a further R3 billion in its South African plant to prepare for production of the latest version of the Navara pickup.
Read more »
Nissan to invest R3bn in SA to build new Navara modelThe manufacture of the Navara from 2020 will also create about 400 direct jobs
Read more »
Nissan to build Navara in SA as part of R3bn investment | IOL MotoringA full range of Navaras will be produced locally as Nissan South Africa announces R3 billion investment in Rosslyn plant.
Read more »
Nissan invests R3bn in SA to build new Navara modelNissan South Africa has announced plans to invest R3-billion.
Read more »
Nissan South Africa to invest R3bn to build new Navara modelCapacity at Nissan’s plant in Rosslyn, near Pretoria, will increase by 30,000 units in the first phase, Mike Whitfield, managing director at Nissan South Africa said, while the plant’s permanent headcount will increase by 400.
Read more »
President Ramaphosa to officiate Nissan South Africa investment ceremonySouth Africa’s ambition is to attract R1,4 trillion in domestic and international investment over a period of five year.
Read more »
Nissan SA to invest R3 billion to build new Navara modelWhile production operations elsewhere will also build the new Navara, a pick-up, Nissan South Africa will supply the local and continental market.
Read more »
Nissan SA launches R3 billion investment in latest Navara model - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Nissan South Africa on Wednesday formally launched a R3 billion investment in the manufacture of the latest Navara model.
Read more »
Nissan SA to invest R3 billion to build new Navara modelWhile production operations elsewhere will also build the new Navara, a pick-up, Nissan South Africa will supply the local and continental market.
Read more »
WATCH | Mike Whitfield on Nissan’s R3bn vote of confidence in SAWATCH | Nissan SA MD spoke to Business Day TV about the carmaker’s investment in the Rosslyn plant.
Read more »
Ramaphosa hails Nissan’s decision to invest R3bn in SAThe manufacture of the Navara from 2020 will also create about 400 direct jobs
Read more »