SA’s Auto sector to remain resilient despite local, global challenges

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Despite enduring the world’s most severe pandemic lockdown, South Africa’s 450 000 people strong automotive manufacturing sector is likely to remain a resilient and ‘relative bright spot’ for the country according to Simon Woodward, Automotive and Logistics Sector Executive at RMB.

“Thanks to export incentives, South Africa’s auto manufacturing is a multi-decade success story.

“And despite taking a massive hit from the local and global economic pandemic response, we expect it to carry on doing comparatively well by providing quality jobs, being a catalyst for greater local content inclusion, a facilitator of BEE – and of course being a major contributor to the fiscus.”

SA’s Auto sector to remain resilient despite local, global challenges
SA’s Auto sector to remain resilient despite local, global challenges | www.brandspurng.com

Woodward noted that despite the lingering effects of South Africa’s lockdown, to date there have been no direct job losses in exporting vehicle manufacturers in South Africa which include global leading companies such as Toyota, Mercedes, BMW and VW which amongst other brands, exported 366k vehicles last year to 155 countries.

“The financial strength of these companies along with decades of experience through all conditions has made the industry much less susceptible to economic shocks,” Woodward said.

SA’S AUTO SECTOR TO REMAIN RESILIENT DESPITE LOCAL, GLOBAL CHALLENGES
SA’S AUTO SECTOR TO REMAIN RESILIENT DESPITE LOCAL, GLOBAL CHALLENGES – www.brandspurng.com

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Sadly, there have been large numbers of job losses at car dealerships, however.

Said Woodward: ”Given there are fewer people driving, particularly to work, we have to date seen vehicle sales internationally and in South Africa bounce back to about two-thirds of what they were before the pandemic. While South Africa’s economic recovery is likely to be sluggish and uncertain, the outlook for many export markets seems more optimistic and vehicle manufacturers are responding with real investment in South Africa.”

Woodward noted that Toyota has recently committed R4bn to manufacturing facilities while Mercedes Benz has invested significantly to retool its plant for manufacturing the new C- Class. VW started manufacturing the new VW Polo hatch for export in late 2017 and has invested R6.1bn in their plant and new products. The new Navara LDV is also in production at Nissan’s Roslyn plant for export to many international markets. Similarly, BMW has made significant investments locally.

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“What is especially encouraging is that large multinational manufacturers have global standards that must be met by the SA operations. South Africa is not only able to consistently meet these standards, but it also bodes well for further skills transfer and growth in the manufacturing industry. We are hopeful that it is an area of the economy that could grow in the coming years.”

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Currently, it employs about 570 000 people directly and via supporting industries.

Woodward added that the South African Automotive Master plan calls for an increase in the local content of domestically produced cars from approximately 30% to over 60% over the next 15 years.

This could create a ‘halo’ effect around the major carmakers and help develop more standalone South Africa businesses and suppliers to the industry. In support, banks like FNB are assisting suppliers to the industry with the BEE transformation of their share capital to ensure they are well placed to retain and secure supply contracts to facilitate skills and wealth transfer via SMEs.

“We are hopeful that as South Africa’s automotive exports increase, we see a concomitant increase in locally produced components, which increasingly will need to be manufactured or assembled by black-owned businesses.”

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He added that FirstRand, via its operating brands FNB, RMB and WesBank, remains firmly committed to the SA automotive sector, and will continue to support it.

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SA’s Auto sector to remain resilient despite local, global challenges - Brand SpurSA’s Auto sector to remain resilient despite local, global challenges - Brand Spur
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SA’s Auto sector to remain resilient despite local, global challenges - Brand SpurSA’s Auto sector to remain resilient despite local, global challenges - Brand Spur

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Four 12 Year Old Students To Tackle Hong Kong’s Longest Trail to Raise Funds for The Child Development Centre (CDC) for Children with Special...

HONG KONG SAR - Media OutReach - 9 March 2021 - From 27 to 29 March 2021, four secondary school students will challenge themselves to complete the longest trail in Hong Kong - the 100km MacLehose trail. Their aim is to raise essential funds for The Child Development Centre (CDC), a non-profit organisation that supports children with special educational needs. Please support and donate to this cause at https://www.simplygiving.com/100km-hike-for-special-needs

SA’s Auto sector to remain resilient despite local, global challenges - Brand Spur SA’s Auto sector to remain resilient despite local, global challenges - Brand Spur


Jack, Jaden, Gabriel, and Martin are year-12 students at an international school in Hong Kong. The hike they will complete is not only daunting in length, but also challenging due to the elevation of 5,053 metres. The students chose the CDC as the sole beneficiary as Jack's younger sister previously attended an early intervention programme there. "This organisation (the CDC) is very close to Jack's heart, as he has a younger sister with Down's Syndrome, and understands the difficulties that families face when raising and educating special needs children to reach their full potential, which is something that every child deserves.

"Money donated to the CDC will go towards programme and service expenses, allowing them to aid even more families, and provide even better care with their top notch teaching specialists and therapists. Furthermore, it is no doubt that under the current COVID-19 pandemic, non-profit organisations like this will be impacted the most, so any money donated will be especially helpful now more than ever. We would really appreciate your support on our journey and cause!"

Dr. Yvonne Becher, the Chief Executive of the CDC, expressed her gratitude to the students for organising this meaningful event, "we are grateful for Jack's and his team's initiative, and are glad that the CDC's work is being recognised and has created such positive value to families throughout the years. Hope everyone can also feel the love and faith that Jack has for his sister, and spread the positive energy to many other children with additional needs in our society."

SA’s Auto sector to remain resilient despite local, global challenges - Brand Spur SA’s Auto sector to remain resilient despite local, global challenges - Brand Spur


Based on each child's needs, the CDC's multidisciplinary team offers services such as assessments, early intervention programmes, speech therapy, occupational therapy, and targeted support programmes addressing social skills, sensory processing, attention, behaviour, early literacy and numeracy, and more. The CDC is also committed to supporting parents and professionals through counselling services, outreach screening, and child development training.


This press release is distributed by The Child Development Centre and supported by Media OutReach Newswire

About The Child Development Centre:

Igniting Learning Journeys - One Child at a Time

The Child Development Centre (CDC) is a non-profit education, assessment and therapy provider for children of early childhood age (0 - 8) with a wide spectrum of additional learning or developmental needs. We envision that every child will succeed in their unique learning journey and are missioned to provide quality learning experiences for the individual child and empower their families. The CDC is one of only two government-supported Early Education and Training Centres (EETCs) in Hong Kong which provide programmes and services in both English and Chinese, serving more than 400 children per year.

Address: 4/F, Prime Mansion, 183-187 Johnston Road, Wan Chai, Hong Kong

T 3462 2875 | F 2849 6900 | www.cdchk.org

SA’s Auto sector to remain resilient despite local, global challenges - Brand Spur
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