Nissan to sell South Africa plant to China’s Chery

Nissan Motor said it would sell its manufacturing assets in Rosslyn, South Africa, to the local arm of China’s Chery Automobile, for an undisclosed sum.

Chery SA will buy the land, buildings and associated assets of Nissan’s facilities in mid-2026 if conditions, including regulatory approvals, are met by then.

The move is part of Nissan’s ongoing turnaround plan under which it is closing or consolidating seven plants.

Most affected Nissan employees will be offered positions by Chery SA on similar terms and conditions to those they currently have, Nissan said in its statement.

Nissan added it will continue to sell and service vehicles in South Africa, with several launches planned for the 2026 financial year, including the Tekton and Patrol models.

The CEO of Chery South Africa had said in October that the company was considering using another manufacturer’s facility, forming a joint venture or building its own greenfield site in South Africa.

Source: Reuters