Automotive supplier Metair is optimistic that SA vehicle production will mostly recover in the last six months of 2020, after swinging into a hefty interim loss as Covid-19 shuttered its factories and hit demand.

SA vehicle production volumes in the group’s six months to end-June fell 42%, but the group is seeing signs of recovery, said CEO Theo Loock. Metair is also optimistic about its recovery and future growth, as vehicle manufacturers launch new models in coming years...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now