Nissan SA launches R3 billion investment in latest Navara model - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Already, the car manufacturer exports vehicles produced in South Africa to over 45 countries around the world and says with the additional capacity that will be created, there’s potential for that number to grow.

Vice President and Chairperson of Nissan Africa, Peymen Kargar, says that the company is confident in its skills and competency. As a result of the investment, Nissan plans to make available an incubation hub, which will help to facilitate up to 15 previously-disadvantaged small businesses working in the car components field to, ultimately, serve directly into Nissan’s manufacturing system.“Nissan are formally launching an investment of R3 billion towards the building of a new brand Navara model. Now, we’ve said we want to raise R1.

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