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
Automotive component industry in need of 500 suppliers
The local automotive component industry needs to grow considerably to meet the needs of vehicle assemblers and the South African Automotive Masterplan. Read on