http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.13Change: -0.02
R/$ = 12.07Change: -0.13
Au 1187.17 $/ozChange: -20.08
Pt 1125.50 $/ozChange: -23.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 15, 2010

GM to produce third vehicle model in PE from 2011

Back
Port|Africa|Components|Export|Motors|Africa|Automotive|Manufacturing|Motors|Motors|Motors
Port|Africa|Components|Export|Motors|Africa|Automotive|Manufacturing|Motors|Motors|Motors
port|africa-company|components|export|motors-company|africa|automotive|manufacturing|motors-industry-term|motors-person|motors
© Reuse this



General Motors South Africa (GMSA) will produce the new Spark entry-
level passenger car at its Port Elizabeth plant from the end of 2011.

General Motors (GM) Africa president and MD Edgar Lourencon says that initial production volumes will be 15 000 units a year, of which 50% will be exported to New Zealand, Australia and other right-hand-drive markets in the Asia-Pacific.

The additional production volume will add a second shift to the current one-shift operation at GMSA’s Struandale plant, creating an additional 500 jobs.

The additional production will also see 
investment by the US manufacturer in its local operation reach more than R1-billion, which will include preparations to assemble the new replacement models of the Isuzu KB pick-up and Chevrolet Utility, already manufactured at the GMSA plant.

The new Isuzu KB will be launched towards 
the end of 2012, and the new Chevrolet Utility in 2011.

Lourencon says that adding the Spark as the third production platform to GMSA’s line-up will see the company’s production capacity reach 60 000 units a year, up from the around 30 000 units to be achieved in 2010.

This will mean that GMSA will qualify for incentives under government’s Automotive Production and Development Programme (APDP), which kicks in at an annual production volume of 50 000 units. The APDP will be implemented in 2013.

Lourencon says that GMSA “is committed” to reaching the 50 000-unit threshold, and thanks the commitment from the Department of Trade and Industry to make it happen.

He adds that local content on GMSA’s 
vehicles will increase from the current around 25% to more than 40%, once all three new 
assembly programmes have been implemented.

Lourencon also emphasises that the recent labour action in the assembly, motor retail 
and component industry has “raised a high level of concern” about South Africa’s ability 
to be a competitive, reliable, global vehicle source, but adds that he is confident that the industry can still work together to increase its international competitiveness.

Trade and Industry Minister Rob Davies says that recent investments announced by South African vehicle manufacturers in preparation for the APDP amounted to R9-billion, support-
ing 4 000 jobs, with another R4-billion invest-
ment supporting 20 000 jobs, announced by the components sector.

Lourencon also notes that talks with the Japan-based Isuzu Corporation for South Africa to be the manufacturing base for most of the sub-Saharan African countries, and not only South Africa and its neighbours, will see overall exports from GMSA increase to around 15 000 units a year, up from the current 2 000 units.

“Our total export business would then be worth R1,5-billion.”

Edited by: Martin Zhuwakinyu
Creamer Media Senior Deputy Editor
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Passenger Vehicles News
Article contains comments
Ford Motor Co will more than double the amount of parts it buys in from North African-based suppliers for its newly expanded vehicle assembly plant in Spain and elsewhere, a company official said on Tuesday. Ford announced in February the final phase of a...
Cartrack CEO Zak Calisto
Telematics solutions provider for mobile asset tracking and related data management Cartrack registered double-digit increases across the board for the year to February 28, as it reported its first set of financial results since listing on the JSE in December. Over...
Article contains comments
Chris Griffith
Fuel cell electric vehicles will allow platinum mining to build its future in a truly sustainable way on the back of zero exhaust emissions and the use of the world’s endless supply of hydrogen as a fuel source, Anglo American Platinum (Amplats) CEO Chris Griffith...
More
 
 
Latest News
Updated 2 hours 26 minutes ago JSE-listed Dipula Income Fund reported that its distributable earnings grew 33.2% in the six months ended February 28, translating into a combined growth of 6.8% in distributions for both A- and B-linked units. The distribution attributable to the A-linked units was...
Updated 2 hours 33 minutes ago JSE-listed Growthpoint Properties’ Kirstenhof Office Park, in Johannesburg, has become the hundredth building in South Africa to achieve a Green Star SA certification from the Green Building Council of South Africa (GBCSA), securing a 5-Star Green Star: Existing...
NASREC MEMORIAL PARK
Updated 2 hours 48 minutes ago JSE-listed residential property developer Calgro M3 Holdings’ subsidiary, Calgro M3 Memorial Parks has diversified its portfolio by officially launching its first memorial park, in Nasrec, near Soweto. This is the first development of its kind by Calgro M3 in what it...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
While economic forecasts for the African continent are most favourable, African airlines may not be able to benefit from the expected growth in the region’s gross domestic product (GDP), International Air Transport Association VP: Africa Raphael Kuuchi has warned....
The Automotive Production and Development Programme (APDP) will need to change substantially post 2020, says Metair Investments South African operations COO Ken Lello. “We must not make tweaks. We have to change. What we are doing is not sustainable.”
Banking group Absa’s forecast is for the rand to end the year at around R13 against the dollar, weakening further to R13.50 by 2016, says Absa sectoral analyst Jacques du Toit. He warns that possible interest rate hikes in the US may see capital being pulled from...
The Dispute Resolution Centre at the Bargaining Council for the Civil Engineering Industry (BCCEI) is now open to handle party-to-party disputes. The BCCEI represents the interests of all level four to nine Construction Industry Development Board companies.
FREDRIK JEJDLING Sustainability becomes an important part of a business’ decision-making process
Communications technology firm Ericsson sub-Saharan Africa head Fredrik Jejdling says the company’s commitment to sustainability and corporate responsibility has been integrated into all facets of its operations, which has provided it with sustainable revenue...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96