EDITORIAL: Wage tug-of-war

Numsa’s call for a 10% wage hike in the motor industry sector throws down the gauntlet on SA’s struggling economy. 

On the one hand, the industry operates in a fragile environment. SA could potentially lose its preferential access to the US, the third-largest market for SA car exports, after President Donald Trump’s tariff blitz, which has since been paused for 90 days. The industry is already grappling with supply chain disruptions and muted consumer demand in SA, where debt-laden consumers are turning to second-hand cars. The margins are razor-thin. ..

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