Last year, the South African car industry sold a total 386,863 vehicles on the international market; 10.2% more than the 351,000 cars exported in 2018. According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), the increase was driven by the improved production at the country's main assembly plants.
On the local market, however, sales dropped by 2.8% year-on-year in 2019 due to the current sluggish state of the South African economy with high unemployment.
As a reminder, the South African automotive industry accounts for 14% of the value of the country's exports and is the largest component of its industrial sector. It employs more than 100,000 workers.
Moutiou Adjibi Nourou
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Mulilo reaches financial close on 380 MW solar plant in Beaufort West Plant to generate 818 GWh annually, supply businesses via PPA Project avoids...
UniPod launched Botswana's first homegrown VR program, letting users explore its labs remotely. The technology has potential uses in education,...
Hitachi completes battery-powered mining truck trial at Zambia copper mine Truck logged 4,000 km, transported 30,000 tons, zero CO2 emissions Electric...
ReconAfrica targets 2028 for first oil from its Kavango Basin project, pending a final investment decision within the next twelve months. In December...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...