Volkswagen Invests R4 Billion in South Africa, Adds New SUV to Local Production

  • 📰 TheSAnews
  • ⏱ Reading Time:
  • 12 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 59%

Business News

Volkswagen,Investment,South Africa

Volkswagen has invested R4 billion in South Africa and will add a new SUV to local production at its Kariega manufacturing plant. The investment will be used for refurbishment of production facilities, local content tooling, and quality assurance. This move reaffirms Volkswagen's long-term goal to establish a major presence in Africa.

The builder of peoples’ cars has invested R4 billion in South Africa and will add a new SUV to local production . Image: FileThe builder of peoples’ cars has invested R4 billion in South Africa and will add a new SUV to local production . Image: Filein South Africa at its Kariega manufacturing plant. It is understood the majority of the investment will be spent on refurbishment of production facilities, local content tooling and quality assurance.

Also, Martina Biene, Chairperson and Managing Director of Volkswagen Group Africa, said the investment reaffirms the group’s commitment to South Africa. Where it has been manufacturing vehicles for nearly 73 years.

Source: News Formal (newsformal.com)

Volkswagen Investment South Africa SUV Local Production Kariega Manufacturing Plant

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Will South Africa's Voters Survive the Disinformation Deluge?The biweekly report by the Centre for Analytics and Behavioural Change (CABC) sheds light on what they describe as concerning trends in online activity leading up to South Africa's general elections.
Source: allafrica - 🏆 1. / 99 Read more »

South Africa: EFF and MK Party Dominate South Africa's Online Election DebateIn the lead-up to South Africa's 2024 national elections, the Economic Freedom Fighters (EFF) and the uMkhonto weSizwe Party (MKP) are dominating the online conversation, according to this biweekly report from the Centre for Analytics and Behavioural Change, which analyzed the conversation between 18 March and 1 April 2024.
Source: allafrica - 🏆 1. / 99 Read more »

Nigeria/South Africa: Paris 2024 - Minister Charges Super Falcons to Break Jinx in South AfricaThe Minister of Sports Development, John Owan Enoh, has tasked the Super Falcons of Nigeria to defeat their South African counterparts in the second leg of their Olympic qualifiers on Tuesday in Pretoria.
Source: allafrica - 🏆 1. / 99 Read more »

South Africa: Zimbabwean Migration to South Africa - How Technology Helps Keep Families TogetherAnalysis - Political instability and economic decline in Zimbabwe have accelerated migration to South Africa in the last two decades. Because of the overriding socio-economic focus of the migration, people often fail to understand the effects on the migrants and their families.
Source: allafrica - 🏆 1. / 99 Read more »

New SUV brand launches in South Africa, at a competitive priceChina’s SUV brand Jaecoo has launched its first vehicle in South Africa and is available at 37 dealerships across the country.
Source: TheSAnews - 🏆 25. / 59 Read more »

Another Chinese 4×4 SUV could be coming to South AfricaChinese automaker Chery is considering bringing another 4×4 SUV to South Africa.
Source: BusinessTechSA - 🏆 24. / 61 Read more »