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South Africa's Automotive Industry Will Gradually Pick Up Momentum, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 106 Words
Attachment: SAF Covid 19

The automotive sector in South Africa had some relief with the easing of the country's lockdown, as it allowed auto manufacturers to return to 50% capacity. The automotive industry in South Africa is the largest employment provider, and it can revive South Africa's economy through exports. Automotive companies will have to continue their expansion plans if they want to remain competitive in the African automotive market.

Industrial Info is tracking 18 projects worth $1.88 billion in South Africa that include vehicle assembly plant expansions, upgrades and a new vehicle assembly plant.

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