Next year could see local auto industry regain some momentum

Next year could see the local automotive industry regain some momentum in terms of domestic sales, exports and production, but it will not manage to claw back all of the losses recorded in a Covid-19-hit 2020. The newest National Association of Automobile Manufacturers of South Africa (Naamsa) quarterly report indicates that the association expects production to drop by 31% this year compared with 2019, to 435 500 units.

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