NEWS
Nissan investment is a boost to SA automotive masterplan
President and trade & industry minister welcome R3bn investment to build next-generation Navara at Tshwane's Rosslyn plant
Nissan’s R3bn investment in its Rosslyn plant is a boost to the SA Automotive Masterplan (SAAM) 2035, which aims to have the local automotive industry producing 1.4-million vehicles a year by 2035. Trade & industry minister Rob Davies has identified an increase in local vehicle manufacturing as key to the realisation of the bold new vision espoused in the finalised SAAM and the targets it sets out. “The automotive sector constitutes a vital part of the South African economy, generating around 7% of the country’s annual GDP and accounting for a third of its total exports, but we need to grow domestic production to account for 1% of the global output by 2020,” he said. In an event attended last week by Davies, President Cyril Ramaphosa and Gauteng premier David Makhura, the carmaker announced that it would manufacture the next-generation Navara pick-up at its Rosslyn plant in Tshwane from 2020. The Navara joins the popular NP200 and NP300 models, which are already being built at the ...
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