Home of South Africa's motor vehicle industry, the city boasts most vehicle assembly plants, General Motors, Ford, Volkswagen, Continental Tyres and many other automotive companies. As of 2018, after GM's exit from South Africa, Isuzu took over their production plant in Struandale. In 2016, Chinese state-owned automotive manufacturer BAIC and South Africa's Industrial Development Corporation announced a R11 billion joint venture for the establishment of a semi knock down vehicle assembly plant in Coega. It is anticipated that the plant will go online in 2020. The FAW also have built a multi-billion rand plant in the region. Most other industries are geared towards the motor vehicle industry, providing parts such as wiring harnesses, catalytic converters, batteries and tyres to the vehicle manufacturers.