GMSA UNVEILS R900M LOCAL INVESTMENT

General Motors South Africa is to invest around R900-million on upgrading and consolidating its production facilities in Port Elizabeth, and on launching 10 new products over the next three years.

Later this year, the company will open its state of the art Pan African Parts Distribution Centre at the Coega Industrial Development Zone outside Port Elizabeth. The centre, an investment of R250-million, will replace the existing GMSA facility in Kempston Road.

The new facility of 38 000 square metres will house all of the company's aftersales operations under one roof, and aims to meet the needs of the growing parts and accessories business which has an annual revenue in excess of R1-billion.

GMSA is forecasting that new vehicle sales in 2010 will be marginally higher than last year,  about a 5% growth versus 2009.  

Source: www.SouthAfrica.info, 2010/02/01

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