1
Everything Mining Industry Country Focus How to Guide
 
 
more  
 
Limit search to:
Where?
With?
Start Date   
End Date   
 
 
 
Back
 Address to refer: https://www.researchchannel.co.za/article/automotive-2019-a-review-of-south-africas-automotive-sector-2019-05-03
 Article Headline: Automotive 2019: A review of South Africa's automotive sector
 Abstract: The health of South Africa’s automotive industry is strongly tied to the state of the domestic economy, with a strong correlation between economic growth rates and new-vehicle sales. The weak macroeconomic conditions battering the South African economy have slowed demand for new vehicles. New-vehicle sales have been in negative territory for the past five years, with the exception of 2017, when sales increased by 1.90%. In 2018, new-vehicle sales declined from 557 703 units to 552 190 units, and political uncertainty ahead of elections is expected to affect buying activity further, particularly when combined with economic stagnation, soaring fuel prices and Eskom’s inability to secure electricity supply. Creamer Media’s Automotive 2019 Report examines the current market conditions in South Africa’s automotive industry, including local demand, trade and investment, competitiveness and sector support, transformation, environmental considerations, and the outlook for the sector.
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if you cannot see this image.

 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register
Close