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Tata Motors To Set Up Assembly Unit In SA

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Tata Motors, India's largest vehicle maker, is looking to set up a vehicle assembly unit in South Africa later this month, the company said on Friday.

"The ... assembly plant in South Africa has been in the planning for a while, and we are at a point that this has now come to fruition," Tata spokesman Debasis Ray said.

He said more details would follow at a formal launch on July 22.

The report comes at a time when demand for new vehicles in South Africa appears to be rising.

South Africa's new vehicle sales were up nearly 13 per cent year-on-year in June to 44,880 units, according to statistics by the National Association of Automobile Manufacturers.

(Reuters)