Nissan and Chery SA, a subsidiary of Chinese automaker Chery Group** [China’s Number One exporter with more than 100,000 employees and sales in 132 countries or regions. AutoCrat*], said today they 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.
“Nissan has a long and proud history in South Africa and has been working to find the best solution for our people, our customers and our partners. External factors have had a well-known impact on the utilization of the Rosslyn plant and its future viability within Nissan. Through this agreement we’re able to secure employment for the majority of our workforce thereby also preserving opportunities for our supplier network. This move also ensures that the Rosslyn site will continue contributing to the South African automotive sector,” claimed Jordi Vila, Nissan Africa President. Continue reading
Pessimism on the Economy – A Pox on Both Parties
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During January 2025, 70% of voters said that “inflation or costs of goods” were getting worse for people like them. One year later, that figure has remained largely unchanged, with 74% of voters now saying that inflation is getting worse, according to the latest polling this week by Data for Progress (DFP).*
“Despite Trump’s campaign promises, voters’ perceptions of the economy have not improved since he took office. But in a warning sign for Democrats, voters are still largely split over which party has solutions to lower the cost of living,” said DFP. Continue reading →