https://www.miningweekly.com
Africa|Automotive|Components|Energy|Industrial|Infrastructure|Manufacturing|Power|Services|Equipment|Manufacturing |Infrastructure
Africa|Automotive|Components|Energy|Industrial|Infrastructure|Manufacturing|Power|Services|Equipment|Manufacturing |Infrastructure
africa|automotive|components|energy|industrial|infrastructure|manufacturing|power|services|equipment|manufacturing-industry-term|infrastructure

Automotive 2023: Navigating change

20th November 2023

By: Creamer Media Reporter

     

Font size: - +

The South African economy has navigated through a turbulent landscape, grappling with a multitude of global and local disruptions. The impacts of slowing global growth owing to geopolitical tensions, acute power challenges, inefficiencies in State-owned enterprises, supply chain disruptions and record high interest rates have reverberated across all sectors of the economy – the automotive industry included.

The automotive industry is a vital component of South Africa’s economy. Supported by incentives and various programmes, South Africa has successfully attracted major international automotive original-equipment manufacturers (OEMs) and suppliers to establish production facilities within its borders. These OEMs operate within global supply chains, sourcing components from various countries and integrating them into vehicles assembled in South Africa. The country also has a well-developed component manufacturing sector.

Despite these advantages, concerns are mounting about the prevailing infrastructure challenges that are eroding the country’s manufacturing sector’s competitiveness. This is particularly relevant considering the race to establish a presence in the rapidly expanding new energy vehicle market, in which South Africa is lagging.

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.

Edited by Creamer Media Reporter

Creamer Media's Research Reports are available to subscribers.

  • If you are a Research Chanel Africa subscriber, click here to log-in to Research Chanel Africa.
  • If you are a magazine-and-online subscriber to Creamer Media's Engineering News & Mining Weekly, your subscription entitles you to one free research report of your choice. You would have received a promotional code at the time of your subscription. Have this code ready and click on "Buy Report". You will be directed to the Creamer Media Online Store and, at the time of check-out, please enter your promotional code to download your free report. Email subscriptions@creamermedia.co.za if you forgot your promotional code.

    If you have previously accessed your free report, you can purchase additional Research Reports by clicking on the “Buy Report” button below the Research Report that you wish to purchase and you will be directed to Creamer Media's Online Store.
  • If you are not a subscriber, you can either buy the individual research report by clicking on “Buy Report” or you can subscribe and, not only gain access to your report, but also enjoy all other subscriber benefits. Click on the “Subscribe and Download” button if you wish to subscribe or find out more.

    The most cost-effective way to access our Research Reports is by subscribing to Creamer Media's Research Channel Africa - you can upgrade your subscription now at this link.

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 06 December 2024
Magazine round up | 06 December 2024
6th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:2.202 2.457s - 123pq - 2rq
Subscribe Now