Job losses and factory closures hit South Africa’s auto sector
- Job losses and factory closures are a direct result of the automotive components manufacturing sector in South Africa struggling to compete with cheap Chinese and Indian imports.
- The sector is facing numerous challenges, including rising production costs, energy and logistics challenges, global competition, skills shortages, and the country's transition towards New Energy Vehicles (NEVs).
- NAACAM is calling for policy redress to protect local manufacturing, including increasing tariffs on imported units to make local products more competitive.
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