Chery in it for long run as carmaker celebrates Rosslyn takeover
Chinese automaker Chery has officially taken over the former Nissan assembly plant in Rosslyn, South Africa, as part of a long-term investment strategy. The company plans to upgrade the facility and create thousands of jobs, aiming to establish South Africa as its regional manufacturing hub.
Why it matters
This investment represents a significant shift in the South African automotive industry and highlights the growing influence of Chinese manufacturing in the African market.
The Rosslyn assembly plant enters a brand new era, albeit under a new brand. Picture: Jaco van der Merwe
The article reports on corporate expansion and economic development using factual statements from company and government officials.
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