Critical South African industry is shutting down one factory at a time

• South Africa's automotive components sector is indeed shutting down one factory at a time due to the inability of local production to compete with cheap imports.
• The sector has been struggling with rising production costs, energy and logistics challenges, global competition, skills shortages, and the country's transition towards New Energy Vehicles.
• NAACAM's policy recommendations aim to make domestic manufacturing more competitive, including a review of the incentive structure and support for local manufacturers to prevent further closures and job losses.