Share

VW to unveil R230m parts centre in SA

Johannesburg – Volkswagen SA has revealed that board members of Volkswagen AG, its German-based parent, will visit South Africa next month for the official opening of a multimillion-rand parts distribution centre in Centurion, Johannesburg.

VWSA confirmed that the board members would visit SA on June 17 for the official opening of the R230m parts distribution centre.

The carmaker also said Volkswagen AG's top brass will reveal further investment plans in Volkswagen SA.

Last year, VWSA said it planned to invest an additional R500m in 2010 to revamp its plant, seeking to improve global competitiveness.

The company has already invested about R3.5bn in upgrading its Uitenhage plant and boosting local content.

In March, VWSA unveiled plans to manufacture its new entry-level car, the Polo Vivo, at the local plant.

Vivo replaced the iconic Citi Golf, the last of which was manufactured in November 2009.

Apart from the Vivo production platform, VWSA has another new manufacturing line.

It started producing the new-generation Polo in 2009 for both export destinations such as the US, Ireland and Malaysia, and the local market.

Volkswagen AG has already made investment commitments in SA.

   - I-Net Bridge 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.03
-0.3%
Rand - Pound
23.65
-0.1%
Rand - Euro
20.21
-0.3%
Rand - Aus dollar
12.19
+0.2%
Rand - Yen
0.12
-0.0%
Platinum
974.40
-0.2%
Palladium
1,019.50
-0.3%
Gold
2,393.92
+0.4%
Silver
28.32
-1.9%
Brent Crude
90.10
-0.4%
Top 40
66,902
-2.1%
All Share
73,000
-2.0%
Resource 10
61,638
-3.5%
Industrial 25
98,321
-1.8%
Financial 15
15,650
-1.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders