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Not immediate, but definitely significant – Africa presents long-term growth for suppliers

There is potential for Africa to develop a large automotive market, bringing with it the opportunity for suppliers to capitalise on demand for local components

Suppliers are increasingly voicing a commitment to setting up a strong base in emerging markets – most notably China and India – for the long-term growth opportunities. Recently, a number of OEMs including VW and Ford expanded their presence in Africa, and Bruce Brown, US Automotive and Off-Highway Consulting Leader, Deloitte, believes this highlights Africa as another key region for supplier investment.

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https://www.automotiveworld.com/articles/immediate-definitely-significant-africa-presents-long-term-growth-suppliers/

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