South Africa’s car manufacturing industry is under siege
- South Africa's car manufacturing industry is under siege due to foreign carmakers competing at much lower prices.
- The industry is facing significant pressure from Asian brands such as Suzuki, Mahindra, Chery, and GWM, which have seen a surge in sales and are now major competitors to local manufacturers.
- The decline in exports and threat to employment in the industry have raised concerns, with Metair warning of a 7.8% decline in exports and the potential loss of thousands of jobs.
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