EFF: SA must build its own automotive industry following General Motors (GM) Exit

The Economic Freedom Fighters (EFF) says it’s not shocked by a decision by General Motors (GM) to disinvest in South Africa saying the only solution is for the country to build its own automotive industry.

GM will shut down its operations in South Africa from the end of the year as part of its plans of restructuring its international operations to improve overall financial performance.

More than 1,000 people are employed at the Chevrolet division and no details have yet been divulged about the fate of the employees.

The EFF’s Mbuyiseni Ndlozi says South Africa cannot rely on foreign investments.

“How come we still don’t have a locally produced car because this move by GM must force us to invest in locally produced and manufactured automobiles so we can have sovereignty in that industry.”

Source: http://ewn.co.za/2017/05/19/eff-expresses-concern-over-gm-s-decision-to-leave-sa

2 thoughts on “EFF: SA must build its own automotive industry following General Motors (GM) Exit

  1. I agree with fighter Nhlozi,SA have Alot of TVET colleges led by a the so called “Communist secretary,” Blade,this colleges have been teaching motor macanic and have lectures who some have PHDs in this firls or Motor Engineering,but no one of rhem is anle to take this challenge to produce a South African motor Car.No one is confident enough to impliment his/her knowledge to try to show the world that we can do it.I put this as a chalenge to all Academics,please dont be cheque collecters only be productive and practical so that the spirit of entrepreneurship can be seen to be applyed about your techings.

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