Image: ReutersNational Automobile Manufacturers Association says it will take two years for the country’s car industry to fully recover from challenges including rolling blackouts, global supply bottlenecks linked, and the recent floods in KwaZulu-Natal.
NAAMSA CEO Mike Mabasa says, “The automobile industry has been impacted over the last 18 months by a number of factors, not just local factors but also global, especially in our supply chain. The sector had some challenges, particularly in the supply chain around the semi-conductor issue which is the computer chip that goes into our vehicles, which impacted all vehicle manufacturers around the world since the beginning of 2021.
NAAMSA says it has seen an uptick in demand for new cars which is very encouraging for the sector. The association says despite the current challenges, the sector is now exporting more cars than before. He says the sector is also being hard hit by a global shipping crisis because of China shutting down. There is difficulty in getting cars onto ships and this is affecting parts.
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