Auto sector facing shock at all levels, says Deloitte report

The African automotive sector is facing major volatility at all levels of its value chain as a result of the ongoing Covid-19 global crisis, says a Deloitte Covid-19 survey, titled The Economic Impact of the Automotive Value Chain (AVC). “Stakeholders across the sector, from traditional original equipment manufacturers (OEMs, or vehicle manufacturers), new entrant automakers, dealerships, suppliers and financial services providers are going to have to evolve and act immediately to succeed in the face of the pandemic.”

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