Toyota issues warning about future in Durban due to unrest

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The company says that the loss of production over the past week means it will probably lose some business to one of its global affiliates

Toyota SA Motors says the eThekwini Municipality has been unable to provide reassurances about restoring stability in the wake of violent riots, putting the carmaker’s investment plans at risk and meaning some production could be lost to other countries.

In a letter addressed eThekwini mayor Mxolisi Kaunda, Toyota appealed for feedback on the city’s plans to bring order and stability, so that it can assess its own plans for investment and production...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Source: News Formal (newsformal.com)

 

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Okay let go to Nigeria or Limpopo we can't be treating about future while we suffer now

Let them come to Eastern Cape, they are safe here.

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brus.. Germany rebuilt their entire economy from a whole world war... Came out better, stronger.. Come on, please 🤢

Come to the Cape, please.

man Toyota literally grew with the SA economy/market... It'd be unreal if they really left 💔

Lol no way they'd ditch the SA market over some smoke.. no ways 🤢

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