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Nissan Africa has confirmed that it has reached an agreement with Chery South Africa to acquire its manufacturing asset. The Minister for the Department of Trade, Industry and Competition (DTIC) Mr Parks Tau, has since welcomed the investment by Chery South Africa.
Pending regulatory approval, Minister Tau says the details of the acquisition cannot be disclosed at this point, but will be shared with the public once the agreement is concluded. He however welcomed the investment by Chery South Africa in the automotive sector.
Parks Tau says the announcement comes as the Department of Trade, Industry and Competition continues its engagement with the industry to revamp the automotive policy and support measures.
He said the South African automotive sector remains a key anchor industry for manufacturing and job creation. The Minister welcomes the commitment by Chery South Africa to continue working with the DTIC during the implementation phase of the process.
Jordi Vila, the President of Nissan Africa confirmed the acquisition saying they have reached an agreement with Chery South Africa to acquire its manufacturing asset in Rosslyn, Pretoria. According to Vila, the acquisition will include the land, buildings and associated assets of the Nissan facilities, including of its nearby stamping plant, in mid-2026.
Though not much details have been shared on the acquisition, it seems that Chery South Africa will acquire Nissan as a going concern, though there will be some casualties, Nissan has affirmed that a number of jobs will be saved in this deal. According to the President of Nissan Africa, the agreement will see the majority of associated Nissan employees offered employment by Chery SA on substantially similar terms and conditions as today.
“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 utilisation of the Rosslyn plant and its future viability within Nissan.
Through this agreement we are 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,” said Jordi Vila.
Vila said Nissan will not be exiting the South African market, it will still contribute to the automotive sector. He said 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
