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.
This is, in short, the finding of the newest South Africa Automotive Supplier Performance Report, produced yearly for the National Association of Automotive Component and Allied Manufacturers (Naacam) by B&M Analysts South Africa.
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