Promising growth in demand by vehicle manufacturers for SA-made automotive components cannot hide underlying challenges faced by the local components industry, a report noted on Thursday.
The report, by B&M Analysts, was commissioned by the National Association of Automotive Component and Allied Manufacturers (Naacam). It shows that SA component suppliers grew average
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While South African component suppliers are, on average, holding their own in the international automotive industry, there are one or two warning lights flashing that all is not 100% within the industry.
IRMA VENTER - CREAMER MEDIA SENIOR DEPUTY EDITOR