Local auto industry looks to rev up again
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Post Covid the local auto industry seems to be revving up again with a few misfires here and there as OEMs still have to contend with supply chain issues, floods and intermittent power. While consumers are being faced with some tough choices on whether to trade in that diesel guzzling SUV for something more thrifty as the fuel price smashes record after record.
Sales of electric cars (including fully electric and plug-in hybrids) doubled in 2021 to a new record of 6.6 million, with more now sold each week than in the whole of 2012, according to the latest edition of the annual Global Electric Vehicle Outlook. Although electric vehicle (EV) sales remained low across Africa, they increased by 90%, of which BEVs (battery electric vehicles) accounted for 85%.
To look under the hood of the local auto industry lets welcome Mike Mabasa, Chief Executive Officer at National Association of Automobile Manufacturers of South Africa, NAAMSA; Mark Dommisse, National Chairperson, the National Automobile Dealers’ Association, Managing Director and Shareholder North Motor Group and Dealer Council Chairman, Honda Dealer Network & Gaylor Montmasson-Clair, a Senior Economist at Trade & Industrial Policy Strategies
Sales of electric cars (including fully electric and plug-in hybrids) doubled in 2021 to a new record of 6.6 million, with more now sold each week than in the whole of 2012, according to the latest edition of the annual Global Electric Vehicle Outlook. Although electric vehicle (EV) sales remained low across Africa, they increased by 90%, of which BEVs (battery electric vehicles) accounted for 85%.
To look under the hood of the local auto industry lets welcome Mike Mabasa, Chief Executive Officer at National Association of Automobile Manufacturers of South Africa, NAAMSA; Mark Dommisse, National Chairperson, the National Automobile Dealers’ Association, Managing Director and Shareholder North Motor Group and Dealer Council Chairman, Honda Dealer Network & Gaylor Montmasson-Clair, a Senior Economist at Trade & Industrial Policy Strategies
