Naamsa facing grave ‘challenges’
Costs are high, skills are low, sales and exports have slumped
SA shouldn't take its vehicle manufacturers for granted, says the CEO of the National Association of Automobile Manufacturers of SA (Naamsa), Michael Mabasa.
The industry accounts for 29% of total South African manufacturing output, 16.2% of exports and almost 8% of GDP. It provides jobs for more than 1.5-million people.