Motus looks offshore for growth as interim profit skids
Vehicle company feels the strain of high interest rates and increased competition
27 February 2024 - 09:19
UPDATED 27 February 2024 - 17:26
Motus, the multinational provider of automotive mobility solutions, vehicle products and services, is looking to expand its international business even further, saying SA’s growth potential is limited.
The group, which has operations in the UK, Australia and Sub-Saharan Africa, has been grappling with high interest rates, load-shedding and rising competition in the passenger car market...
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