Creamer Media’s ‘Automotive 2023: Navigating Change’ report places South Africa’s automotive industry in context. It discusses the effect that the semiconductor shortage has had on the sector, examines the country’s new-vehicle market and developments in the sector in terms of manufacturing and investment by the major OEMs, and considers the important role that the components industry plays in supporting vehicle production and aftermarket services. It also considers South Africa’s automotive policy regime, which has stood out for its long-term vision and unwavering consistency, the goal being to support the production of new-energy vehicles to ensure the sector remains a major contributor to the industrial development of not only the domestic economy but also the African continent.
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