The PSA group has announced that it has signed an investment agreement with the Namibian government and as a result it will be assembling Opel and Peugeot vehicles in Walvis Bay.
Assembly will start in the second quarter of 2018 with an annual targeted volume of 5 000 units by 2020.
The highly acclaimed Peugeot 3008 and the new Opel Grandland X (which is expected to launch in South Africa in May 2018) will be the first vehicles assembled at the new factory. The plant would serve markets in Namibia, South Africa, Bostwana, Lesotho and Swaziland that make up The Southern African Customs Union (SACU).
Peugeot 3008 GT Line
According to the press statement, this assembly plant in Namibia will in time result in “greater production capacity for the South African market.”
Executive Vice President for Middle East and Africa Region at Groupe PSA, Jean-Christophe Quemard said,”This investment in Namibia is part of Groupe PSA’s long-term strategy to increase its sales in Africa and the Middle East, which is consistent with our target to sell one million vehicles in 2025. This new capacity will serve regional markets with products in line with our Opel and Peugeot customer expectation”.