Big problems for South Africa’s car industry

South Africa's car industry is facing a significant threat as global automakers consider shifting production to Asian rivals, with the country's new government tax incentive offering little comfort. Despite the incentive, executives warn that long-term policy certainty and consumer support are crucial to retaining investment, as the industry's future hangs in the balance. The automotive sector is a vital component of the South African economy, directly employing 113,000 people and supporting an additional 498,000 jobs.