17.7 C
Harare
Tuesday, January 27, 2026
HomemotoringChinese car brand buying massive factory in South Africa

Chinese car brand buying massive factory in South Africa

Date:

Related stories

Beverages industry seeks sugar tax review

Zimbabwe’s beverage say the country’s sugar tax continues to...

Opposition, Rights Groups Launch “Defend the Constitution” Platform to Fight 2030 Term Extension Plan

HARARE — Opposition leaders, constitutional lawyers and human rights...

Producers feel sugar tax pressure

ZIMBABWE’S beverage and sugar producers say the country’s sugar...

ZANU PF Moves to Push 2030 Term Extension as Constitutional Battle Lines Form

HARARE — The Government is preparing to move ahead...

Magaya re-arrested after court appearance as rape trial delayed

HARARE – Prophetic Healing and Deliverance (PHD) Ministries leader...

Reggae legend drummer Sly Dunbar dies

Sly Dunbar, the Jamaican musician and producer who created...

Zimbabwe’s Pension Funds Are Sitting on a Property Hedging Time Bomb

IN most countries, pension funds are the ultimate symbols...

Rare Single-Digit Inflation Rates Bring Cautious Optimism for Zimbabweans

HARARE — Inflation Update: Rare Single-Digit Rates Bring Cautious...

Chery has reached an agreement to acquire Nissan’s manufacturing assets in Rosslyn, Pretoria.

Chery SA will purchase the land, building and associated assets of the Nissan facilities, including its nearby stamping plant, in mid-2026.

The deal is subject to the fulfilment of certain conditions, including regulatory approvals. The agreement will see most of Nissan’s employees offered employment by Chery on similar terms and conditions.

“Nissan has a long and proud history in South Africa and has been working to find the best solution for our people, our customers and our partners,” said Jordi Vila, Nissan Africa President.

“External factors have had a well-known impact on the utilisation of the Rosslyn plant and its future viability within Nissan.”

Vila said that the agreement allows the company to secure employment for the majority of its workforce, which helps preserve opportunities for its supplier network.

He added that the move also ensures that the Rosslyn site will continue contributing to the South African automotive sector.

Nissan will continue to offer vehicles and services to customers in South Africa, as before, with several new vehicle launches planned for fiscal year 2026, including the Nissan Tekton and Nissan Patrol.

The move marks a massive change in South Africa’s automobile landscape, where Chinese cars are increasingly taking over the market from Japanese, German and American manufacturers.

In December 2025, Nissan’s sales in South Africa reached 1,011. This is far below Chery’s 2,249 vehicles sold during the same period.

Employees at Nissan (Source: Nis

Source: BusinessTech

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

spot_img