INDUSTRY BENCHMARK REPORT
SA’s vehicle plan has a solid road ahead
It appears SA can look forward to leveraging greater economic development gains
In April the National Association of Automotive Component and Allied Manufacturers (Naacam) released The South African Automotive Supplier Industry Benchmark Report 2018. An interesting finding was the increased interest in localisation from South African-based vehicle assemblers over the past year. The period reviewed coincided with industry stakeholders taking part in a consultative process to shape the framework of automotive policy support post-2020. This is exactly the kind of value chain stimulation Trade and Industry Minister Rob Davies would have been hoping for when he mentioned earlier in 2018 that the Department of Trade and Industry (DTI) was "more or less at the point where we will take a decision as to what the government programme will be. There will be some changes to the present programme, such as deepening the incentives on component manufacturing, though it will build on the present framework." The SA Automotive Masterplan 2035 reflects this by having a target of ...
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