Today's Labour News

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IsuzuBusinessLive reports that Japan’s Isuzu Motors made its official debut in Port Elizabeth on Friday after taking over General Motors SA’s (GMSA) facilities around the country and 1,000 of its employees.  

Trading as Isuzu Motors SA (IMSA) since the start of 2018‚ Isuzu stepped into the breach created by the exit of GMSA‚ which had been manufacturing and retailing Isuzu vehicles under licence up until the American car maker’s official departure from the country at the end of last year.  IMSA‚ which joins more than 140 fully Japanese-owned companies operating in SA‚ bought the balance of its shareholding in GMSA’s Isuzu operations and took over GMSA’s extensive facilities‚ simultaneously preventing a job-loss bloodbath by absorbing 1,000 former GMSA employees.  The president and representative director of Isuzu Motors of Japan‚ Masanori Katayama‚ said Isuzu was committed to expanding its business in SA.  IMSA CEO Michael Sacke said the company’s initial focus would be to consolidate its operations while laying the foundation for the company’s future success.  

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