NEWS ANALYSIS: Still time to adjust the motor industry master plan for a Covid-19 world
If the lockdown continues much longer, companies may fall short of production targets that allow them to claim incentives
21 April 2020 - 05:05
For once, government ineptitude may be a blessing.
When policy designers were devising the 2021-2035 SA automotive master plan, they had no notion of Covid-19 or the mayhem it would cause. So when they devised a strategy to increase vehicle production by 133%, double employment and grow the value of local content in each vehicle by 50%, they thought the only barriers would be normal local and international economic cycles. So much for normality...
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