Peugeot considers closing Namibian plant and future investment in SA

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Historically, Peugeots were built under contract by other motor companies

French carmaker Peugeot hasn’t decided yet whether to build vehicles again in SA, global CEO Linda Jackson said on Wednesday. It is also debating the future of its Namibian assembly plant, which was opened in 2018 to build cars for the SA market but has since suspended operations.

Stellantis, the Europe-based motor group whose brands include Peugeot, Citroen, Fiat, Jeep, Opel and Alfa Romeo, has previously put out feelers in SA to investigate the feasibility of vehicles being built locally. Some years ago, Peugeots were built under contract by other motor companies. ..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Given the history of the French in Africa, Africans must celebrate their departure. Businesses like these are the front of French imperialism. Wish they can close all plants in Africa, there are many brands out there.

Peterman43 Who can blame them?

Maybe they struggle with basic things like electricity and ridiculous union demands. More job losses.

Do it! And encourage the others to do the same!

Peugeot don't do it 😂

And they will never be able to voice the real reasons why.

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:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

The R8 investment that could be worth R1.7 trillion — South Africa’s first helium production plant starting up this monthThe R8 investment that could be worth R1.7 trillion — South Africa's first helium production plant starting up this month
Source: mybroadband - 🏆 11. / 67 Read more »