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Jacqueline Brown, East London port manager, said the Tijuca's visit demonstrates the positive outlook in the new vehicles market, driven by the awarding of major automotive contracts to local original equipment manufacturers (OEMs), such as Mercedes-Benz South Africa's contract with Daimler to produce the next generation C-Class at its East London plant.
Because of these automotive contracts, R2.5-billion will be invested into the East London plant in preparation for production of the vehicles, to be introduced to global markets in 2014.
Read the full article on www.ifw-net.com.