The South African Vehicle Industry Accounts for Nearly 7% of the Country’s Exports
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c69182) has announced the addition of “The South African Automotive Industry” to their offering.
This month, we take a look at vehicle production in South Africa. It is the second biggest industry in South Africa, and one of its fastest-growing sectors, with vehicle exports now accounting for nearly 7% of the country’s exports. Overall, the automotive industry - including manufacturing, distributing and servicing of vehicles and components - is the third-largest sector of the economy, after mining and financial services, contributing in the region of 8% to gross domestic product (GDP).
We include an overview with the Industry Development Programme (MIDP), including Q&As with key executives. Strategic planning consultant Johan Cloete, who has been working on the review of the MIDP, explains his vision for 2020, and we talk to Ken Manners, president of the component suppliers association NAACAM about the challenges facing the South African automotive industry.
Topics Covered:
- The Motor Industry Development Programme (MIDP)
- A vision for 2020
- The challenges for the South African industry
- The global context
- The good and bad of trade agreements
- The good and bad of globalisation
Companies Mentioned:
- General Motors
- Toyotoa
- DaimlerChrysler
- Volkswagen SA
- Ford
- Nissan
- Tata Motors
- McCarthy Ltd.
For more information, visit http://www.researchandmarkets.com/reports/c69182