As Global Restructuring Continues, Nissan South Africa Faces Uncertainty

In the face of mounting financial strain and escalating competition in the electric vehicle (EV) sector, Nissan announced last month its intention to shut down seven facilities and lay off 20,000 workers globally. The business has not yet confirmed if this would have a direct impact on its activities in South Africa.

Evidently, they are still awaiting word from their international principals. And they will obviously inform us once they are ready to be able to tell us what’s happening,” said Mike Mabasa, CEO of the Association of Auto Manufacturers of South Africa. However, it is evident to me that Nissan will be streamlining its operations on a worldwide scale. And I don’t believe it’s clear yet whether South Africa would be directly affected or not.

From an assembly factory in 1963 to full-scale manufacturing ten years later, Nissan has been a mainstay of the South African auto industry for more than 60 years. However, as global trends quickly move towards electric mobility and green energy, industry analysts think Nissan’s present problems might be caused by its poor performance in the EV market.

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