GAC Motor joins inflow from China; Ramsoomar appointed as MD
China’s GAC Motor has appointed Salvador Caetano Auto as the distributor and retailer of GAC vehicles, spare parts and related services in South Africa (SA).
GAC Motor is a subsidiary of the State-owned GAC Group, and was founded in 1997. The brand joins a rapidly growing number of Chinese vehicles on sale in South Africa.
Founded in 1946, Salvador Caetano Group is an international automotive group present in Europe, South America and Africa, in more than 41 countries.
“This agreement settles the beginning of an important milestone for Salvador Caetano Auto, starting with our presence in South Africa, with the possibility to enlarge this partnership to other markets in the future,” says Salvador Caetano Auto global automotive distribution CEO Sérgio Ribeiro.
“This strategic partnership marks the beginning of a significant investment that will enable us to rapidly establish GAC Motor as a relevant automotive player in South Africa.”
Salvador Caetano SA will be led by MD Leslie Ramsoomar, former Stellantis SA boss.
Salvador Caetano SA says this “signals a strategic move to accelerate innovation and growth in the automotive sector”.
“I am delighted at the opportunity to head up this exciting new project with Salvador Caetano Group and GAC Motor,” says Ramsoomar.
“This project gives us an opportunity to bring high-quality products that meet the evolving needs of our customers, while contributing significantly to the South African economy and job market.”
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation