23 Jan Nissan sells South Africa manufacturing assets
(Oilandgaspress) -] Nissan and Chery SA have reached agreement on the acquisition of Nissan’s manufacturing assets in Rosslyn, South Africa.
Subject to the fulfilment of certain conditions, including regulatory approvals, Chery SA will purchase the land, buildings and associated assets of the Nissan facilities, including of its nearby stamping plant, in mid-2026.
The agreement will see the majority of associated Nissan employees offered employment by Chery SA on substantially similar terms and conditions as today.
Following the acquisition of the plant by Chery SA, Nissan will continue to offer vehicles and services to customers in South Africa, as before, with several new vehicle launches planned for fiscal year 2026 including the Nissan Tekton and Nissan Patrol.
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