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Sunday, April 9, 2017

South African automotive industry at a crossroads

Supply firms consulted on the future of the Midlands automotive industryThe future of one of the Midlands' most important industrial sectors is set to undergo change as part of the Government's new Industrial Strategy. The feedback and questions will then be relayed to Government, helping it to shape future automotive strategy. Creating the right institutions to bring together sectors and placesThe region-wide consultation will garner responses from businesses within the automotive supply chain on how the Industrial Strategy should be shaped in order to secure the future of this vital industry. The first of these is at Truckman Ltd in Dudley, followed by Tenneco Automotive in Tyseley and then at HORIBA MIRA in Nuneaton. The sector is also pivotal to the development of new, emerging technologies such as battery technology and energy storage for electric vehicles.


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South African automotive industry at a crossroads

The future of the automotive industry in terms of product, processes and technology will be very different from the present . The local automotive industry is at a crossroads and the timing of the inaugural National Association of Automobile Component and Allied Manufacturers (Naacam) show, in Durban, came at a critical point for those rising to the challenge of massive policy changes and industry challenges. Instead, six had played an active role in addressing delegates, sharing case studies, participating in the buyer supplier meetings and exhibiting. The DAC was established 15 years ago as a public–private partnership between the eThekwini municipality and the automotive manufacturing industry within its ambit. The DAC has set a target of R50-million in localisation value from this year's interactions.

South African automotive industry at a crossroads



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collected by :John Max

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