Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

The engine room: SA government support fuels further investment in vehicle manufacturing

The engine room: SA government support fuels further investment in vehicle manufacturing

SETH ONYANGO, BIRD STORY AGENCY IN March, there were 50, 607 new cars sold in South Africa, representing the biggest sales in that market since October 2019, indicating the level to which the sector has bounced back since being hit by the COVID-19 pandemic. Top Auto figures also show that 7,184 more units were sold in March than in the same forecast period in 2021, reflecting a 16.5 per cent increase year-on-year. Strong auto sales come as the South African government continues to provide support for an incentive scheme aimed at boosting exports of vehicles and components, with a new…
Read More