Latest news with #vehicleassembly
Yahoo
4 hours ago
- Automotive
- Yahoo
Hyundai to build assembly plant in Algeria
Hyundai Motor Company plans to build a vehicle assembly plant in Algeria, as the South Korean automaker looks to accelerate its expansion in markets across the Middle East and Africa, according to unconfirmed reports citing industry sources. Hyundai's local subsidiary, SARL Hyundai Motors Manufacturing Algeria, is reported to have teamed up with Oman's Saud Bahwan Group to build a US$ 400 million vehicle assembly plant in the country. The automaker is still awaiting final government approval for the plant after securing marketing approval for its vehicles in May. Switch Auto Insurance and Save Today! The Insurance Savings You Expect Affordable Auto Insurance, Customized for You Great Rates and Award-Winning Service One of the locations said to be under consideration for the new facility is the site of a former Volkswagen plant in Sidi Khettab, Relizane Province, some 300 km west of the capital city of Algiers. The plan is to assemble compact hatchbacks and SUVs from completely knocked down (CKD) kits starting in 2027, according to the reports. If approved, the Algerian plant would become Hyundai's fourth vehicle assembly facility in Africa, after facilities in South Africa, Ghana and Ethiopia. Hyundai also assembles vehicles in Egypt through its local partner GB Auto. Hyundai had previously partnered with Global Group, an Algerian private industrial group, in 2018 to build a commercial vehicle plant in the country, but these plans were scrapped in 2020 following political instability there. "Hyundai to build assembly plant in Algeria" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Zawya
6 days ago
- Automotive
- Zawya
South Africa: Mahindra opens new vehicle assembly facility in Durban
Mahindra South Africa has officially opened its new, purpose-built vehicle assembly facility at the Dube TradePort Special Economic Zone in KwaZulu-Natal, signalling a major expansion in its local operations as the brand enters its third decade in the country. The plant, developed from the ground up near Mahindra's original 2018 assembly site, is built to the company's global manufacturing standards and features advanced quality control systems, expanded production lines, and dedicated customisation zones for South African customers. 'Our original facility played a pivotal role in establishing our local footprint,' says Rajesh Gupta, CEO of Mahindra South Africa. 'As demand for our locally assembled Pik Up range continued to rise, we needed a facility with the scale, flexibility, and technology to meet future growth while maintaining world-class quality.' The new Durban facility can produce more than 1,000 Pik Up single- and double-cab models monthly, with scope for expansion as demand increases. It has also been designed to accommodate future models and a higher proportion of locally sourced components. Mahindra's global engineering teams are working with South African suppliers to increase localisation, further supporting the country's industrial development. Earlier this year, the company partnered with the Industrial Development Corporation (IDC) to launch a feasibility study into a full-scale manufacturing plant in South Africa. Insights from the new facility's operations will help shape that study. 'This investment underscores our confidence in South Africa as both a manufacturing base and a key growth market for Mahindra globally,' adds Gupta. 'It reflects our commitment to creating jobs, supporting local industry, and delivering robust, reliable vehicles that meet the needs of South African customers.' Strong growth trajectory Since producing its first local bakkie in 2018, Mahindra has grown into a top 10 best-selling brand in South Africa. Naamsa, the industry business council, reports Mahindra as one of the three fastest-growing brands since opening the plant, and the fastest-growing brand overall in the past financial year (April 2024 to March 2025). The company has also recorded the strongest start to 2025 and leads in year-to-date growth. A partnership for local manufacturing Dr Dempsey Naidoo, chairman of AIH Logistics, Mahindra's local assembly partner, says the collaboration since 2018 has produced the largest semi-knockdown automotive facility of its kind in South Africa. 'This achievement reflects the power of collaboration between global expertise and local capability,' says Naidoo. 'It has created jobs, developed skills, and advanced South Africa's automotive manufacturing sector.' All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
