Hyundai aims to assemble pick-up in South Africa from 2020

22nd April 2016

By: Irma Venter

Creamer Media Senior Deputy Editor

  

Font size: - +

Hyundai Automotive South Africa (HASA) hopes to assemble the new Santa Cruz pick-up in South Africa from 2020.

HASA marketing director Stanley Anderson says the local distributor is “working very hard” to convince the Korean manufacturer to assem-ble the bakkie range here in South Africa from completely knockdown (CKD) kits.

The proposed East London multimodel plant could serve as a possible production location, or HASA could make use of a standalone facility, he notes.

Anderson says HASA would require yearly volumes of around 30 000 units to reap suffic-ient financial benefits from government’s Automotive Production and Development Programme.

Around 5 000 units would be for the local mar- ket, with 25 000 units destined for the export market.

“South Africa is bakkie country. The country is a significant global production base for pick-ups, with an extensive and experienced supplier base,” says Anderson. “It makes sense to assemble the bakkie here.”

He says it is “difficult to know” whether Hyundai will give the CKD project the green light.

“We do need to know before the end of the year.”

The Hyundai Santa Cruz was first revealed in concept form in 2015.

HASA is owned by the JSE-listed Imperial group.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION