Uncertainty looms over Nissan South Africa as global restructuring continues
South Africa’s auto sector, a cornerstone of the country’s manufacturing industry, faces a challenging period. Yet, some experts believe that the evolving landscape may open new opportunities for investment in cleaner, more sustainable technologies — provided stakeholders are ready to adapt.
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00:00Nissan's long-standing presence in South Africa may be at risk as the Japanese automaker undergoes a sweeping global restructuring plan, raising fears over the future of Ruslan plants near Pretoria.
00:16They are still obviously waiting for confirmation from their global principles, and they will obviously inform us once they are ready to be able to tell us what's happening. But obviously I think it is absolutely clear that Nissan globally will be rationalising its operations, and whether South Africa is going to be impacted directly or not, I think that jury is still out.
00:37As global trends shift rapidly toward green energy and electric mobility, industry experts say Nissan's lagging performance in the EV sector may be to blame for its current struggle.
00:50Not all the legacy automakers are joining the EV revolution, if I can call it that. And if they don't keep up with the changes, then they will lose out. I mean, they are all losing sales at the moment. And the Chinese vehicle manufacturers that are really into this now are gaining ground. I mean, BYD is the biggest automotive manufacturer in the world now, and you would have never said that a few years back.
01:18Some experts believe that the evolving landscape may open new opportunities for investment in cleaner, more sustainable technologies, provided stakeholders are ready to adapt.
