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Africa Subsaharan |
1 million and not out - VW reaches record engine milestone in SA |
2018-06-12 |
[News24] Volkswagen Group South Africa (VWSA) reached a historical milestone on June 11 2018 when it produced its one millionth EA111 engine. Production of the EA111 engine started back in January 2010 when the first engines for the then new Polo and Polo Vivo were produced for the local market which was followed by producing engines for export markets including China, India, Taiwan, Mexico and Malaysia. A million and counting Apart from assembling the engine locally, the grey cast iron cylinder block for the engine as well as the bearing cap for the block is also machined in-house. |
Posted by:Besoeker |
#3 Is that the person who wants all the white farmers to leave? |
Posted by: ClemKadiddlehopper9000 2018-06-12 20:17 |
#2 Guess the EPA doesn't have as long a reach as they think. |
Posted by: Skidmark 2018-06-12 09:54 |
#1 A bit like Trump, SA's new multi-millionaire president Cyril Ramaphosa is pushing hard for foreign investment, and he is getting it. "Rahmphosa is well known as a businessman, and his estimated net worth is over R6.4 billion ($550 million) as of 2018,[12] with 31 properties[13] and previously-held notable ownership in companies such as McDonald's South Africa, chair of the board for MTN and member of the board for Lonmin. He also works for Coca-Cola Company." Ramaphosa is from the tiny Venda (not Xhosa or Zulu) tribal district of South Africa, close to the northern border with Zimbabwe. He is a well educated business man and shrewd negotiator. The South African GDP still remains below 1%, but a new middle-class is emerging. |
Posted by: Besoeker 2018-06-12 05:01 |