Tag: industry in

Key success factors automotive industrySouth Africa’s automotive market has a effectively-created and mature element manufacturing supplier base as nicely as established institutional environment with robust market and labour help organisations. There are nevertheless considerable possibilities, though, for vital mass and economies of scale for component companies. Even so, the Gauteng automotive sector’s success is dependent on growing levels of exports, and finds itself disadvantaged because it lacks rapid-access, close-proximity to a port.

The domestic automotive business relies on internally generated funds to offer the bulk of capital for investment in new plant and equipment. Within ten to 15 years, all present models and most engines and drivetrains will undergo at least 1 major change, and the gear utilized in their manufacture will be written off. If the timing of new fuel economy standards follows the industry’s product-development schedule, some, but not all, of the financial threat of new requirements would …