𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗣𝗹𝗮𝗻𝘁 𝗖𝗹𝗼𝘀𝗲𝘀 After being in operation since 1947, 𝘁𝗵𝗲 𝗚𝗼𝗼𝗱𝘆𝗲𝗮𝗿 𝗳𝗮𝗰𝘁𝗼𝗿𝘆 𝗶𝗻 𝗞𝗮𝗿𝗶𝗲𝗴𝗮 𝗵𝗮𝘀 𝗰𝗹𝗼𝘀𝗲𝗱 𝗶𝘁𝘀 𝗱𝗼𝗼𝗿𝘀, leaving around 900 people without jobs. ————— 𝗔𝗱𝗱𝗶𝗻𝗴 𝗙𝘂𝗲𝗹 𝘁𝗼 𝘁𝗵𝗲 𝗙𝗶𝗿𝗲 The US-South Africa trade relations has placed further uncertainty around the automotive industry. It is expected that the 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲... 𝗵𝘂𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗘𝗮𝘀𝘁𝗲𝗿𝗻 𝗖𝗮𝗽𝗲 𝗶𝘀 𝗴𝗼𝗶𝗻𝗴 𝘁𝗼 𝗰𝗼𝗺𝗲 𝘂𝗻𝗱𝗲𝗿 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲 as the reality of tariffs hit home. One such incident has already set the prequel of such an eventuality; The Mercedes Benz, East London factory’s temporary closure that took place between June and July, 𝗼𝗳𝗳𝗲𝗿𝗲𝗱 𝗮 𝗴𝗹𝗶𝗺𝗽𝘀𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗶𝗺𝗽𝗮𝗰𝘁𝘀 𝗼𝗳 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗰𝗹𝗼𝘀𝘂𝗿𝗲𝘀. ————— 𝗜𝗻 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁, 𝗚𝗼𝗼𝗱𝘆𝗲𝗮𝗿 𝘀𝗮𝗶𝗱; “It was transforming its go-to-market strategy in the Europe, Middle East, and African regions, optimizing its footprint and portfolio” This has subsequently lead 𝘁𝗼 𝘁𝗵𝗲 𝗰𝗹𝗼𝘀𝘂𝗿𝗲 𝗼𝗳 𝗶𝘁𝘀 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗽𝗹𝗮𝗻𝘁 𝗶𝗻 𝗞𝗮𝗿𝗶𝗲𝗴𝗮 —————- Goodyear, South Africa, 𝘄𝗶𝗹𝗹 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝘁𝗼 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻 𝗮 𝗦𝗮𝗹𝗲𝘀, 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗥𝗲𝘁𝗮𝗶𝗹 𝗽𝗿𝗲𝘀𝗲𝗻𝗰𝗲 in South Africa. However, For hundreds of workers at the plant and thousands more downstream ( catering, security, etc ) the future remains bleak. 𝗩𝗶𝗱𝗲𝗼 𝘀𝗼𝘂𝗿𝗰𝗲: 𝗦𝗔𝗕𝗖show more

David (TalkingCents)

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