{"id":5364,"date":"2023-11-30T15:44:34","date_gmt":"2023-11-30T13:44:34","guid":{"rendered":"https:\/\/mype.co.za\/business\/?p=5364"},"modified":"2023-11-30T15:44:34","modified_gmt":"2023-11-30T13:44:34","slug":"personal-thoughts-on-vwsas-supposed-disinvestment","status":"publish","type":"post","link":"https:\/\/mype.co.za\/business\/personal-thoughts-on-vwsas-supposed-disinvestment\/","title":{"rendered":"Personal Thoughts on VWSA’s Supposed ‘Disinvestment’"},"content":{"rendered":"

A Reuters interview with the global CEO of the German passenger cars brand, Thomas Sch\u00e4fer, recently sparked rumours that the company would be leaving the country.<\/p>\n

My initial thoughts – after more than one interaction with Thomas when he was MD of VWSA – were that it was a strategic observation from Thomas leading up to negotiations with government and unions. In plain language; “An appendage swinging exercise to remind stakeholders of what they could lose should VW disinvest.”<\/p>\n

When asked, Tebogo Losaba – the media and public relations manager at VWSA, responded as follows to Sowetan Live<\/a><\/strong>; “Please note that the story is a misrepresentation of the interview Thomas Sch\u00e4fer had with Reuters last week Friday, he mentioned in the interview that HQ is still committed to SA but that part was not included in the story for some reason.”<\/p>\n

It is a very real fact that the operations at VWSA (and Africa for that matter) are so small in turnover that they are not even featured in Volkswagen AG’s global financial reporting as a region or continent so disinvestment will probably not hurt the automaker at all.<\/p>\n

Personally one gets the feeling when chatting to VW Executives that they are committed to turning VOLKSWAGEN SOUTH AFRICA into VOLKSWAGEN AFRICA and using the Kariega based factory as a stepping off point for greater investment and dominance of the African market as a whole.<\/p>\n

And, on a more personal point, I am greatly relieved that VWSA are not moving soon as that would deny me the pleasure of test driving the Volkswagen T-Cross 1.0TSI 70kW Comfortline for the month of December.<\/em><\/strong><\/p><\/blockquote>\n

\"VWSA<\/a>
VWSA T-Cross – Alan will be spending a month with this vehicle. Look out for our driving impressions.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

A Reuters interview with the global CEO of the German passenger cars brand, Thomas Sch\u00e4fer, recently sparked rumours that the company would be leaving the country. My initial thoughts – after more than one interaction with Thomas when he was MD of VWSA – were that it was a strategic observation from Thomas leading up […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[540],"tags":[547],"class_list":["post-5364","post","type-post","status-publish","format-standard","category-business-news","tag-vwsa","entry"],"_links":{"self":[{"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/posts\/5364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/comments?post=5364"}],"version-history":[{"count":1,"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/posts\/5364\/revisions"}],"predecessor-version":[{"id":5366,"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/posts\/5364\/revisions\/5366"}],"wp:attachment":[{"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/media?parent=5364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/categories?post=5364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mype.co.za\/business\/wp-json\/wp\/v2\/tags?post=5364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}