The SA motor industry achieved a record R48.2bn trade surplus in 2020 despite Covid-19 playing havoc with traditional trade patterns. Exports of automotive components also set new highs.
The surplus, based on trade in new vehicles and components, blew away the previous record of R27.1bn set in 2019. Industry-wide import and export values both crashed in 2020 but the fall in imports was more severe – R47.1bn, from R174.6bn to R127.5bn...
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Highs and lows in SA motor industry’s export performanceVehicle exports, measured in both numbers and value, plunged while exports of components increased Cryptocurrency for all Bitcoin beginner's !!! are you a Bitcoin Holder, Buyer, Seller or about starting up a trade? Start trading without sending your bitcoin or asset to anyone....but invest it yourself contact and ask sir californiaBTC1 how ?
Source: BDliveSA - 🏆 12. / 63 Read more »
Renault bucks positive motor industry trend as revenue fallsRenault missed out on the shift to SUVs, clinging instead to sedans and hatchbacks, which offer far thinner profit margins and face stiff competition in Europe
Source: BDliveSA - 🏆 12. / 63 Read more »