VW Sees ‘Make-or-Break’ Year for South Africa Pick-Up Plan

Volkswagen AG said a plan to start producing a new pick-up truck in South Africa will hinge on improved tax breaks and other incentives to boost the industry.

For the investment to make sense, the company needs urgent policy action from the South African government, with Martina Biene, the Volkswagen Group Africa chairwoman, writing to President Cyril Ramaphosa in December asking for rapid reforms.