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MISA grateful that AutoZone is saved and job losses minimized

Oct 08, 2024 MISA, the Motor Industry Staff Association, Martle Keyter, Metair, AutoZone


MISA grateful that AutoZone is saved and job losses minimized

MISA, the Motor Industry Staff Association, welcomes the announcement that battery and automotive components manufacturer Metair will buy AutoZone in a R290 million deal. Martlé Keyter, MISA’s Chief Executive Officer: Operations, says the Union is grateful that the majority of its members’ jobs have been saved.

“MISA is currently involved in restructuring and possible retrenchment consultations throughout the retail motor industry due to the ongoing dire economic situation. New-vehicle sales dropped by 4.1% in September to 44 081 units, compared with the same month last year. “This downward spiral is felt across the industry. MISA wants to commend AutoZone for taking the initiative to enter into business rescue to sustain the business and to limit job losses.

“Of the remaining 11 MISA members affected, the parties managed to find alternative employment for five members. Six members will be retrenched,” says Keyter. She thanked MISA’s Legal Department for its role in assisting our members and to minimise the trauma they have experienced as a result of the process.

#PROUDLYMISA #MISALEADS #MISACARES #MISAONTHEMOVE #MISAFAMILY

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