Vehicle exports tumble as production slows

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Vehicle exports tumble as production slows
South Africa Latest News,South Africa Headlines
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Vehicle exports tumble as production slows 🔒

Vehicle exports took a beating in September as the knock-on effects of July’s riots combined with semiconductor shortages and plant closures slowed production.

From 28,390 vehicles in September 2020, exports tumbled 57% this September to 12,202. At the end of June 2021 SA’s motor industry had exported 66% more vehicles than in the first half of 2020. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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