President Jacob Zuma is expected to launch the First Automotive Works (FAW) South Africa assembly plant in the Eastern Cape on Thursday. [Read more…]
SA open for business
Pretoria – South Africa has enormous potential as an investment destination that offers promising opportunities in automotive components, aerospace, chemicals and agro-processing, says Trade and Investment Minister Rob Davies. [Read more…]
Strong gains for vehicles in September
Pretoria – Vehicle sales in September registered strong gains, the National Association of Automobile Manufacturers (NAAMSA) said.
“[For] September 2011, aggregate industry domestic sales had improved by 12 539 units or 30% to reach 54 364 vehicles from 41 825 vehicles sold during September last year. Sales during the corresponding month last year had been severely depressed by stock shortages as a result of industrial action throughout the industry at the time,” NAAMSA said on Tuesday. [Read more…]