Stellantis (STLA), South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

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Go back to Stellantis (STLA), South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

Stellantis and the South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

March 8, 2023 8:24 AM EST

Stellantis and the South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

Stellantis signs Memorandum of Understanding with the Industrial Development Corporation (IDC) and Department of Trade, Industry and Competition (the dtic) to develop a manufacturing facility in South AfricaCements the Regions Dare Forward 2030 ambition to sell one million vehicles by 2030 with 70% regional production autonomyStrengthens position in South African market with manufacturing project to be completed by 2025

CENTURION, March 8, 2023... More