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Stellantis announces the expansion of its multifranchise dealer network with the introduction of FIAT and Jeep® brands at the Westvaal Nelspruit facility in Mpumalanga. This expansion strengthens our commitment to making these iconic brands more accessible to customers, offering a seamless and convenient experience. Westvaal Nelspruit, already home to Opel, Peugeot, and Citroën, continues to …
Eurorepar, a new independent aftermarket brand of Stellantis, has launched in South Africa. Initially designed to cater to the needs of Stellantis (Opel, Peugeot, the Jeep® brand, Citroën, Abarth, Alfa Romeo and FIAT) owners whose vehicles have surpassed the initial warranty and service plan period, Eurorepar offers a comprehensive range of high-quality, cost-effective parts and …
MIDRAND, July 31, 2024 – Stellantis South Africa has celebrated the performance of their dealer network, ranking winners across seven categories in addition to each of the brands. The Stellantis Dealer of the Year awards was hosted at Monte Casino against the backdrop of the company’s latest product introduction, the Citroën C3 Aircross. The event …
The Jeep® Willys became iconic almost the moment they started production in the middle of World War II becoming indispensable for the military and then singlehandedly introducing the concept of Sports Utility Vehicles decades before the concept became fashionable. One South African fan spent his entire life yearning to have his own Willys. Vincent Koekemoer …
Stellantis South Africa has been awarded Most Improved in the National Automobile Dealers Association (NADA) Dealer Satisfaction Index (DSI) for having the most-improved relationship with their dealer network over the past 12 months. The award was received by Stellantis at a ceremony hosted by sponsors WesBank. The intensive DSI survey forms a vital link in …
Construction of Stellantis forges ahead
The final building blocks have been laid for the establishment of South Africa’s latest automotive manufacturing site, paving the way for construction to begin at the Coega Special Economic Zone (SEZ) in Gqeberha, Nelson Mandela Bay, in the Eastern Cape.
Stellantis, the world’s third biggest automotive manufacturer by volume, and South Africa’s largest development funder, the Industrial Development Corporation (IDC) have concluded key milestones that will lead to a joint venture.
The investment estimated at R3 billion is expected to facilitate the creation of massive employment opportunities in the Eastern Cape.
The Coega Development Corporation (CDC), which is supplying the ground on which the factory will be built, has begun preparing the site for the start of construction.
“I welcome the progress made with concluding all modalities with Stellantis that will enable construction to commence this year and start of production of a new auto model to roll off the assembly line by the end of 2025,” said Ebrahim Patel, Minister of Trade, Industry and Competition.
“The SA auto industry is Africa’s largest producer of cars, bakkies and trucks and this new investment by Stellantis will consolidate the country’s position, helping us to achieve the goal of producing 1.4 million vehicles by 2035.
“The biggest attractions for new investors are the size of the domestic market, together with the auto industry masterplan, which supports local production for both South Africa and export markets,” said the Minister.
He added that Stellantis has a strong growth vision with an excellent range of vehicles in its global stable.
“We look forward through this investment to increasing the range of locally manufactured cars available to motorists,” Patel said.
The Minister said it was heartening to see the manner in which the combination of expertise within the collective of the Department of Trade, Industry and Competition (DTIC), the IDC, CDC and Stellantis united to form a cross functional team that is making excellent progress.
“It’s this teamwork that will realise not only having Stellantis as SA’s eighth OEM, but most importantly in realising the plans for employment and investment in South Africa and support our industrialisation drive.
“We look forward to a long and mutually beneficial relationship between Stellantis and South Africa,” Minister Patel said.
Stellantis Middle East Africa (MEA) COO, Samir Cherfan, Stellantis SA MD Mike Whitfield, IDC interim CEO David Jarvis, including CDC Acting CEO Themba Khoza agreed with Patel’s sentiment stating that progress made so far was in line with their respective organisation’s strategic development goals.
“The construction of this plant is critical to Stellantis’s Dare Forward 2030 strategy. This strategy also speaks to the South African industrialisation plan which is a very important tool in helping us achieve our target to produce a million units in the MEA region by 2030 – a factor that will help us attain 22% market share in this region.
“Our medium to long-term objective is to ensure that 90% of vehicles sold in the MEA region are sourced from our production plants in this region,” said Cherfan.
The project is a major vote of confidence in South Africa as an investment destination and as a gateway into Africa.
“We are very proud of being involved in this; the construction of this plant is a major statement of faith in this country and the capacity of South Africans to be entrusted with running a project of this magnitude.
“This is a factory of which we can all be proud of, not just because of what it will represent to the people of the Eastern Cape, but also because of the technological advances that it will incorporate and the environmentally conscious way that it has been planned, will be built and will be operated,” Cherfan added.
All fauna and flora have been successfully removed from the site and rehomed as per the environmental impact study conducted by Coega.
Coega Acting CEO Themba Koza said: “Coega is focused on delivering the finest plant for Stellantis, reinforcing the Coega SEZ as an automotive hub in the country, in line with its vision to be the leading catalyst for the championing of socio-economic development.
“The impending construction of the Stellantis factory has acted as a catalyst to other investors. We have had numerous requests to support the automotive sector in Coega and to rapidly grow our planned supplier park.”
IDC’s Jarvis said the new company to house the Stellantis-IDC JV is on track to be registered.
“The milestones concluded thus far will help to kick start a project that will significantly improve the economic fortunes of the Eastern Cape,” Jarvis said.
He added that the IDC is pleased to be partnering with such a reputable automotive manufacturing company of Stellantis’s stature.
“Stellantis’s success with other manufacturing plants around the world is well-known. Together, we are highlighting the IDC’s intent to continually participate and drive investment to develop the regional automobile value chain,” Jarvis said. – SAnews.gov.za
Edwin
Thu, 05/23/2024 - 12:44
MIDRAND, May 13, 2024 – South Africa is an important market for Stellantis Middle East & Africa and is set to play a critical role in the execution of our Dare Forward 2030 Strategy to reach over 22% Market Share in the region by 2030 with 90% regional localisation of our sales leading to over …
Stellantis Middle East and Africa (www.Stellantis.com) celebrated this April 18th in Istanbul _Turkey the success of its first Customer Centricity Competition, an innovative event that brought together our network front liners exceptional talent from across the MEA region. The competition showcased the skills and expertise of professionals in four distinct categories: Sales Advisor, Service Advisor, Technician, and Spare Parts Advisor.
The Stellantis MEA Customer Centricity Competition saw a total of 24 winners among 6000 professionals from 81 markets across MEA region, representing the four different categories across various dealers within the MEA region. Participants from all over the region, including countries such as Morocco, Turkey, Egypt, South Africa, Tunisia, and Qatar, eagerly took part in this event.
The winners were selected based on their exemplary performance and expertise in each sub-category. In the Sales and Service Advisor category, winners were recognized for their excellence in Best Greeting & Consulting, Best Negotiation & Closing, and Best Theoretical Knowledge. Similarly, in the Technician and Spare Parts Advisor category, winners were awarded for Best First Practical Test, Best Second Practical Test, and Best Third Practical Test.
"This competition highlights Stellantis MEA's commitment to excellence and customer satisfaction as per our dare forward 2030 strategy with our ultimate goal to accomplish the top position in customer satisfaction it's a commitment that drives our actions by placing the customer at the heart of our operations." said Samir Cherfan, Chief Operations Officer for Stellantis Middle East & Africa. “We were pleased to see such an exceptional display of talent and expertise. The winners have truly set a benchmark for customer-centricity and professionalism.”
To reinforce this commitment, Stellantis MEA have made substantial investments in training totaling nearly 2 million Euros in 2023 and translating into along with 70,000 hours training across the region. Thus, several tangible efforts have been implemented such as:
The success of the Customer Centricity Competition highlights Stellantis MEA's dedication to fostering talent and enhancing customer experiences across the MEA region.
Distributed by APO Group on behalf of Stellantis.
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About Stellantis:
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today's customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.Stellantis.com
Patel welcomes VW's R4 billion investment in SA
Volkswagen South Africa’s (VWSA) investment of R4 billion in their assembly plant in Kariega, in the Eastern Cape, has been welcomed by Trade, Industry and Competition Minister, Ebrahim Patel.
The investment will introduce a new SUV model built on the Polo platform.
The move also positions the facility as the sole manufacturer of the Polo brand globally and the new SUV model will be exported to global markets.
Patel addressed the public announcement on Wednesday held at VWSA’s facility in Kariega.
He said the investment was a testament to the country’s industrial policy, and it will not only strengthen the assembly plant but also secure the livelihoods of approximately 3 500 people who are directly employed by VWSA.
“Moreover, this investment has rippled through this part of the Eastern Cape, fostering an ecosystem of prosperity and industrialisation, supporting an estimated 50 000 indirect jobs and livelihoods.”
In the last five years, the department said government has undertaken significant work to bolster automotive production in South Africa.
Patel highlighted 10 actions, which have been taken in the sixth administration to support the industry:
• New Automotive Masterplan crafted together with the industry was implemented in July 2021, setting the policy framework for the next decade.
• The African Continental Free Trade Agreement (AfCFTA) has concluded modalities, including rules of origin for a first list of auto products, opening up a vast market.
• A free-trade agreement with the United Kingdom after Brexit was concluded and implemented, which enabled South Africa to retain access to preferential terms in the United Kingdom market.
• The establishment of the R6 billion Auto Industry Transformation Fund, which VWSA and other Original Equipment Manufacturers (OEMs) contribute to bringing Black component manufacturers into the supply chain.
• A major agreement with tier 1 auto component manufacturers has been concluded that will ensure greater opportunities for Black manufacturers in tier 2 or tier 3 levels.
• R50 billion in investment commitments in the auto sector have been secured.
• A landmark agreement with Stellantis for the construction of a new R3 billion plant in the Coega Special Economic Zone has been reached.
• Semi-knocked down (SKD) production by BAIC, also in the Coega Special Economic Zone, has commenced as a first phase toward more value-additive complete knocked down (CKD) production.
• A new Tshwane Automotive Special Economic Zone has been established, with 10 factories for Ford suppliers already built by March 2024, employing 3 300 workers.
• The Electric Vehicle Policy was finalised by the Department of Trade, Industry and Competition (dtic), and a new incentive package to assist the transition was announced by the Minister of Finance in the 2024 Budget.
According to the department, the automotive industry plays a crucial role in our economy, contributing significantly to gross domestic product (GDP) and employment.
The manufacturing component of the auto industry contributed 2.9% of South Africa’s GDP in 2022.
With over 115 000 direct employees and an additional 240 000 indirect jobs, the department said the auto industry remains a cornerstone of South Africa's manufacturing sector.
“Despite global challenges such as the COVID-19 pandemic and supply chain disruptions, South Africa’s automotive industry has continued to grow.”
Over the past five calendar years, South African OEMs produced 2.7 million vehicles and exported 1.7 million vehicles.
In 2023, South Africa exported a record 399 594 vehicles, a milestone for its industrial resilience and global competitiveness.
Notably, last year, South Africa exported its six millionth vehicle since the start of the democratic era. – SAnews.gov.za
Gabisile
Thu, 04/18/2024 - 11:14
MIDRAND, April 3, 2024 – Stellantis continues its drive to make brands easily access to customers through its multifranchise dealer network with the addition of Jeep® and FIAT brands to Williams Hunt Fourways. Williams Hunt Fourways already houses Peugeot, Citroën and Opel brands within its ownership group, CFAO Mobility. The expansion continues to bolster dealer …
PRETORIA, April 2, 2024 – Stellantis continues its drive to make brands easily accessible to customers through its multifranchise dealer network with an exciting expansion of Westvaal Motor Group Menlyn to include the Jeep® and FIAT brands alongside Peugeot, Opel, and Citroën. The impressive facility in Pretoria adds to the Westvaal Motor Group representation of …
PINETOWN, January 25, 2024 – Stellantis continues its drive to make brands easily accessible to customers through its multifranchise dealer network with the addition of Jeep® and Fiat to Key Pinetown. The Key Pinetown facility already houses Opel, Peugeot, and Citroën brands. The expansion continues to bolster dealer representation across KwaZulu Natal in support of …
Zhai Auto has added both Jeep® and Fiat brands to their established operations in the Garden Route, complementing their current line-up of Opel, Peugeot, and Citroën. The latest addition forms part of the Stellantis’ expansion of their multifranchise dealer network, making more brands more accessible to more customers around the country. The development continues to …
Stellantis and Ample have signed a binding agreement to establish a partnership in electric vehicle (EV) battery charging technology capable of delivering a fully charged electric vehicle battery in less than five minutes. The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles. Battery swapping technology allows …
Stellantis N.V. and Orano today announced the signing of a memorandum of understanding to establish a joint venture for recycling end-of-life electric vehicle batteries and scrap from gigafactories in Enlarged Europe and North America, strengthening Stellantis’ position in the electric-vehicle battery value chain by securing additional access to cobalt, nickel, and lithium necessary for electrification …
Stellantis today introduced Pro One as the enhanced strategic offensive of the Company’s Commercial Vehicles Business to achieve global leadership, encompassing the professional offerings of six iconic brands of Stellantis – Citroën, FIAT, Opel, Peugeot, Ram and Vauxhall. Stellantis Pro One customers will benefit from this umbrella business that covers: class-leading vans, pickup trucks and …
This week Stellantis honored 40 of its suppliers for their outstanding commitment, performance, quality, and operational excellence in 2022. One supplier in each of 16 categories, including aftermarket parts and services, direct materials, indirect services, and regional performance, was named ‘Supplier of the Year’. The third annual event was attended by more than 150 global …
AUTO24.africa redefining automotive retail across the continent offering unparalleled and exclusive services; AUTO24 is a subsidiary of Africar Group in which Stellantis (www.Stellantis.com/en) has a controlling stake; This expansion positions the platform to become the continent's number one multi-brand retailer for used cars; Stellantis, continues to back the platform on its ambitious journey.
AUTO24.africa, an innovative pre-owned car marketplace, announced its expansion into four new African markets: Morocco, Rwanda, Senegal and South Africa. This move comes after a remarkably successful first year in Ivory Coast and positions the platform to become the continent's number one multi-brand retailer for used cars. Following last year's investment from Stellantis, AUTO24.africa is revolutionizing the African automotive sector with first-of-its-kind customer offerings.
AUTO24.africa offers unparalleled and exclusive services, including a five-day refund policy, a six-month warranty, one-year maintenance, and one-year insurance plans for all vehicles. The platform also provides convenient financing options in association with several partners. These benefits are a first in many African countries and redefine the standard for car ownership across the continent.
Stellantis, as main investor, continues to back AUTO24.africa in its ambitious journey which is perfectly aligns with Stellantis' strategic plan DARE FORWARD 2030 by participating to expanded of our offer of mobility solutions to widely meet the customer needs in Africa.
Africar Group, the parent company of AUTO24.africa, has been a pioneer in online automotive classifieds in Sub-Saharan Africa since its founding in Australia in 2016. The company leverages cutting-edge technology to offer seamless digital experiences that meet the unique needs of the African market.
This year's expansion is a part of AUTO24.africa's long-term vision to become the leading multi-brand certified pre-owned car retailer in Africa. The platform aims to introduce even more features and capabilities that will further elevate the automotive buying and selling experience, all with trust and transparency.
Distributed by APO Group on behalf of Stellantis.
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About Stellantis:
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today's customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.Stellantis.com.
About Africar Group:
Africar Group Pty Ltd is an Australian entity, owning, operating and growing the largest network of automotive marketplaces in Africa. Available in more than 45 countries, and covering markets totalling more than 1 billion people, it has been helping millions of buyers and sellers of pre-owned vehicles to transact safer and easier over the last 5 years. Africar Group is a venture initiated by Emerging Classifieds Ventures (www.ECV.Ventures), specialising in building and operating marketplaces in emerging markets. For more information, visit www.AfricarGroup.com
Midrand – South Africa is an important market for Stellantis Middle East & Africa and is set to play a critical role in the execution of our Dare Forward 2030 Strategy to reach over 22% Market Share in the region by 2030 with 70% regional localization of our sales leading to over 1 million units …
Stellantis (www.Stellantis.com) MEA COO Cherfan and SA Minister of Trade, Industry & Competition Patel shake hands on a new manufacturing plant in South Africa; Rapid progress has been made since the MOU signing in March 2023 with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (the dtic); this bold initiative reinforces Stellantis MEA Region's Dare Forward 2030 ambition to sell one million vehicles by 2030 with 70% regional production autonomy.
Stellantis has confirmed its intention to develop a greenfield manufacturing facility in Coega in South Africa with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (the dtic). Minister Ebrahim Patel, senior officials from the IDC and Mr. Samir Cherfan, Stellantis Middle East and Africa Chief Operating Officer met at the Parliament Buildings in Cape Town to agree on investment in the South African motor industry.
“It is a wonderful day for all South Africans when a global company of Stellantis' proportions decides to expand its manufacturing footprint in South Africa, to assemble completely knocked down units,” said Mr. Ebrahim Patel, Minister of Trade, Industry and Competition. “South Africa currently has the capacity to produce close to 700 000 vehicles annually. This will add considerable additional capacity, just as we prepare to implement the African Continental Free Trade Area. The country remains a great investment destination and this commitment from Stellantis to invest in our local motor industry highlights the success of our manufacturing sector policy, its capability and potential. We look forward to welcoming Stellantis to South Africa and sharing in the detailed plan for employment and investment”.
“We are delighted with the speed at which we are progressing on this project, thanks to the commitment of Minister Patel and the great collaboration with IDC, CDC and dtic teams,” commented Samir Cherfan-Chief Operating Officer Stellantis Middle East and Africa. “This project reflects our focus and trust in South Africa as one of the most important markets in Africa & Middle East. It is also the execution of our Dare Forward 2030 Strategy to reach over 22% Market Share in the region by 2030 with 70% regional localization of our sales leading to over 1 million units produced. We believe in South Africa and we intend to develop industrially and commercially bringing value to our customers”.
The manufacturing plant will be built in the South African Special Economic Zone (SEZ) in Coega situated near Gqeberha in the Eastern Cape province of South Africa. The greenfield manufacturing project is planned to complete by the end of 2025. The first launch planned early 2026 is a 1 T pick-up truck with volumes expected to reach up to 50,000 completely knocked down (CKD's) units annually including export, in line with the industry masterplan, known as the Automotive Production Development Program (APDP). The plant will be predisposed in terms of space and painting to go up to 90K units / year.
Direct employment to support the first capacity step is expected at 1000 jobs. Stellantis will be massively investing in over 500 000 hours in training and skills to develop and support the local teams to the level of global standards. We are targeting a localization rate over 30%.
“The Coega Development Corporation (CDC) is enthralled for Stellantis to have chosen the proposed site in Coega for their Southern African manufacturing operations. Joining other major manufacturers in the area makes the Coega region the primary automotive hub in the country. The investment in the plant, employment, training and skills transfer will certainly benefit the region tremendously. “This is a much needed and welcomed economic boost for the Eastern Cape Province with an anticipated economy wide impact on the province's GDP of R 664 million. Household income is anticipated to increase to R558.4 million within the Nelson Mandela Bay Municipality (NMBM) and R577.4 million for the entire Province. Most importantly, an anticipated 1800 jobs will be created in the Metro and around 2 097 for the EC Province,” said Khwezi Tiya, CEO the CDC.
Stellantis continues to work closely with the IDC in developing a viable joint venture (JV) partnership that will be evaluated by appropriate credit committees. “Stellantis' success with similar manufacturing plants around the world is well-known and our planned JV with Stellantis to build another greenfield plant in South Africa is progressing well. The investment is in line with IDC's intent to drive investment that supports the development of the regional automobile value chain,” said Mr. TP Nchocho, CEO of the IDC.
Distributed by APO Group on behalf of Stellantis.
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Tshepo RAMODIBE
+27 269 3106
TshepoR@idc.co.za
Deidre Du PLESSIS
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www.Stellantis.com
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About Stellantis:
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today's customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.Stellantis.com.
SA economy demonstrates resilience through multiple gains
Despite the prevailing difficult global economic conditions, South Africa’s economy continues to demonstrate its resilience, with multiple gains being achieved towards the country’s economy, investment and trade.
These include the 0.6% expansion of the Gross Domestic Product (GDP) in the second quarter of 2023, a R5 billion investment pledge by auto component manufacturers, job creation at the Rainbow Chickens facility in Hammarsdale and an investment by Stellantis to develop a greenfield manufacturing facility.
“Cabinet is pleased with the resilience of the South African economy as shown by South Africa’s GDP second quarter data, as released by StatsSA. This is despite the prevailing difficult global economic conditions and the persistence of the electricity situation in the country,” Minister in The Presidency Khumbudzo Ntshavheni said on Thursday.
According to Stats SA, six industries on the supply side of the economy grew in the second quarter, with manufacturing and finance driving much of the upward momentum.
“The manufacturing industry increased by 2.2% in the second quarter, contributing 0.3 of a percentage point to GDP growth. The continued improvements in manufacturing data indicates improvements in the production capacity, which in turn contributes to an increase in total manufacturing employment.
“The petroleum, chemical products, rubber and plastic products division made the largest contribution to the increase in the second quarter. The basic iron and steel, non-ferrous metal products, metal products and machinery division also made a significant contribution to the growth in this industry,” the Minister said.
The finance, real estate and business services industry increased by 0.7% in the second quarter, contributing 0.2 of a percentage point to GDP growth while the agriculture, forestry and fishing industry increased by 4.2%, contributing 0.1 of a percentage point to GDP growth.
The personal services industry increased by 0.7% in the second quarter, contributing 0.1% of a percentage point to GDP growth.
The Minister made these remarks during a media briefing in Pretoria on the outcomes a Cabinet meeting that was held on Wednesday.
Cabinet had at the meeting also welcomed a pledge for an investment worth approximately R5 billion by auto component manufacturers made at the National Association of Automotive Component and Allied Manufacturers (NAACAM) show recently.
“These pledges by companies operating in South Africa show the confidence of the industry in the South African market and the opportunities to localise the production of components, providing auto assemblers with a more resilient supply base.
“Shortly after the announcement, the Minister of Trade, Industry and Competition officially opened the Benteler plant extension in the Eastern Cape, producing components for local car assemblers. The expansion of production is estimated to replace imports worth R1 billion and the workforce grew to 743 workers,” Ntshavheni said.
Gains in poultry sector
Cabinet said the recent job creation for 750 people at the Rainbow Chickens facility in Hammarsdale demonstrates the success of the implementation of the Poultry Masterplan.
“During 2017, Rainbow Chickens had retrenched more than 1 000 workers and closed operations. After adoption of the masterplan, government implemented a variety of measures to safeguard the local poultry industry including placing anti-dumping duties on poultry imported from producers in five countries.
“This, together with increased investment and measures to transform the industry and bring more black-owned firms into the market, has seen real successes,” Ntshavheni said.
Rainbow Chickens has since re-opened and invested R220 million.
In addition, the overall employment within the poultry industry has been reported to have increased by 2 780 jobs and more than R2 billion in fresh investment has been implemented.
Meanwhile, Cabinet welcomed the confirmation by Stellantis of its intention to develop a greenfield manufacturing facility in Coega, South Africa. The greenfield manufacturing project is planned to be completed by the end of 2025.
“The first launch, planned for early 2026, is for a 1 T pick-up truck, with volumes expected to reach up to 50 000 annually, including for export, in line with the industry masterplan, known as the Automotive Production Development Program (APDP).
“Direct employment to support the first capacity step is expected at 1 000 jobs. Stellantis will be massively investing in over 500 000 hours in training and skills to develop and support the local teams to the level of global standards. We are targeting a localisation rate over 30%,” the Minister said. – SAnews.gov.za
nosihle
Thu, 09/14/2023 - 11:19
Semiconductors are the linchpin to the performance, safety, and customer features of Stellantis vehicles today and in the new state-of-the-art, BEV-centric STLA vehicle and technology platforms arriving soon. As the auto industry’s demand for semiconductors accelerates, Stellantis is implementing a multifaceted strategy designed to manage and secure the long-term supply of vital microchips. Developed by …