Metair upbeat about SA vehicle industry as it gears up for growth
Battery and vehicle component maker Metair says it is optimistic about SA’s prospects and is gearing up to benefit from new contracts, even as the industry grapples with both global supply chain disruptions and a dent to investor confidence from violent riots in July.
CEO Riaz Haffejee told Business Day on Thursday that, based on a strong first half, SA’s vehicle industry could see production in excess of 2019 levels, adding that overall, the group was still optimistic about the industry. This is in spite of the unrest that recently gripped Gauteng and KwaZulu-Natal, where much of the industry is located...
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