Nissan Motor sells South Africa manufacturing plant to Chery as part of global restructuring

Nissan Motor announced the sale of its Rosslyn manufacturing facility to Chery Automobile on Friday. The move forms part of a broader global turnaround plan.

Insights:
Nissan Motor Co., Ltd. (Tokyo) announced on Friday, January 23, 2026, that it has reached an agreement to sell its manufacturing assets in Rosslyn, South Africa ZAZA, to the Chinese automaker Chery Automobile. This move represents a significant asset divestiture for the Japan JPJPbased company, which is currently navigating a period of financial constraint. The specific sale amount for the facility remains undisclosed, and the deal is subject to customary regulatory approvals.
The transaction is a central component of a broader turnaround plan being executed by Nissan Motor Co., Ltd. as it seeks to address liquidity pressures and operational challenges. Under this aggressive restructuring program, the automaker is moving to close or consolidate a total of seven manufacturing facilities globally. The sale of the Rosslyn site underscores the strategic pivot toward cost reduction and operational consolidation by Nissan Motor Co., Ltd. (Tokyo).
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