{"id":500927,"date":"2021-06-24T13:24:54","date_gmt":"2021-06-24T11:24:54","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=500927"},"modified":"2021-06-24T13:24:54","modified_gmt":"2021-06-24T11:24:54","slug":"mercedes-announces-r3-billion-investment-for-east-london-plant","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/motoring\/500927\/mercedes-announces-r3-billion-investment-for-east-london-plant\/","title":{"rendered":"Mercedes announces R3 billion investment for East London plant"},"content":{"rendered":"

German carmaker Mercedes-Benz Cars says it will invest a further R3 billion into its East London plant in the Eastern Cape, following the launch of production on the New Generation C-Class model in South Africa.<\/p>\n

The latest initiative follows a R10 billion investment first announced by the group in 2018, which saw the East London plant go through numerous upgrades in preparation for the production of the new model.<\/p>\n

At the launch of production, Mercedes-Benz said it will make an additional R3 billion investment as part of its commitment to the revival of the South African economy, and the socio-economic development of the East London region.<\/p>\n

\u201cSouth Africa is an important location in our global Mercedes-Benz production network. The team in East London made a remarkable contribution to the international ramp-up of the new C-Class that we produce through efficient, flexible, digital and sustainable operations,” said J\u00f6rg Burzer, member of the board of Mercedes-Benz Cars, responsible for production and supply chain\u00a0 anagement.<\/p>\n

“With our additional invest of R3 billion in the East London plant, we underline our commitment to contributing to the South African economy and the Eastern Cape region.”<\/p>\n

Minister of Trade, Industry and Competition, Ebrahim Patel, said the investment positions Buffalo City and the rest of Eastern Cape to continue its legacy of advanced manufacturing.<\/p>\n

According to Mercedes-Benz, the R10 billion investment announcement in 2018 was used for a wide modernisation of the East London Plant – including\u00a0a new Body Shop, which has been designed for higher capacities and features more than 500 \u201cInternet of Things\u201d Industry 4.0-enabled robots.<\/p>\n

To date, all buildings are complete and the group said it is ready for the production of the new generation C-Class in full force.<\/p>\n

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Read: SAB \u2018reinstates\u2019 R2 billion investment in South Africa \u2013 but warns against alcohol bans<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

German carmaker Mercedes-Benz Cars says it will invest a further R3 billion into its East London plant, following the launch of production on the New Generation C-Class model in South Africa.<\/p>\n","protected":false},"author":10,"featured_media":500961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11119],"tags":[26,9130],"class_list":["post-500927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-motoring","tag-headline","tag-mercedes-benz"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/500927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=500927"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/500927\/revisions"}],"predecessor-version":[{"id":500965,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/500927\/revisions\/500965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/500961"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=500927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=500927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=500927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}