Volkswagen to invest $210 mln in South Africa
Volkswagen plans to invest additional $210 million in its South African manufacturing plant in the Eastern Cape in preparation to manufacture a new SUV from 2027, it said on Tuesday. South Africa is the largest automotive manufacturing hub on the African continent, hosting global brands such as Toyota, Isuzu, Volkswagen and Mercedes. The German carmaker’s statement said the investment will be used to upgrade facilities in various areas in preparation for the addition of a…
Read More
