How the automotive industry helps keep SA’s wheels turning
The automotive industry is a key player and contributor to the country’s gross domestic product and employs a great number of people in direct and indirect jobs throughout the value chain. Manufacturing remains a big cog in the automotive wheel with local manufacturing in particular remaining a backbone of the country’s industrialisation. To get better insight into this, we attended an automotive conference held under the auspices of the National Association of Automobile Manufacturers of South Africa (Naamsa) as part of the 2018 biennial Festival of Motoring that took place at the Kyalami Racetrack in Johannesburg. Many automotive manufacturer bigwigs were in attendance at the conference, where topics relating to the future of the local automotive industry were discussed. Transformation One of the discussions focused on the transformation of skills and opportunities to previously disadvantaged communities. "Broader transformation" was required in the industry to make any meaningful...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.