Growth in South Africa’s automotive component manufacturing sector is under threat, reports Business Day. Last year, the sector was the second-largest contributor to gross domestic product, at 6.3 percent. However, the strong rand and the monopoly on high raw material prices now mean job cuts and a number of workers have …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.
Next steps