This briefing begins by looking at the demographics of South Africa, and stability of its economy, which is set to boost growth in the motor industry. It examines the investments that vehicle manufacturers have made in South Africa already in 2005, through opening new manufacturing plants. It also highlights the potential difficulties faced by manufacturers, in a continent where used vehicle imports are stifling hopes of selling new cars.
According to independent analyst Johan Cloete "Used cars, especially RHD from Japan, are being dumped all over Africa and new cars cannot compete with those prices." This briefing identifies a need to bring Africa to European standards of education, improve quality and invest in technology, so that it can successfully compete with the used car market.
Topics covered in the report:
-- Incredible ROI for your budget
-- Stable economy boosts auto industry in South Africa
-- Vehicle manufacturers announce R7bn investments so far in 2005
-- Problem of used vehicle imports
-- Training is a key issue
-- Quality must be improved
For more information visit http://www.researchandmarkets.com/reports/c24757
Research and Markets Laura Wood, Fax: +353 1 4100 980 Senior Manager Email Contact