Nissan agrees to sell South African plant to Chery

Nissan Motor announced that it has reached an agreement to sell its underperforming manufacturing facilities in South Africa to Chinese automaker Chery Automobile, subject to certain conditions, including regulatory approvals. The decision to sell the plant follows a 20% drop in Nissan’s sales in the country in 2025 to 8,700 vehicles. The Japanese automaker confirmed that Chery South Africa (Chery SA) has agreed to purchase the land, buildings and manufacturing equipment in Rosslyn, Pretoria, including a ...