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South Africa’s auto sector hit by job losses and company closures | SA News

FILE PHOTO: A drone view of cars, ready to be loaded onto a ship, at the car terminal in port in Durban, South Africa, July 9, 2025. REUTERS/Rogan Ward/File Photo

GQEBERHA, South Africa, Aug 13 (Reuters) – Low domestic sales of locally made cars, an influx of imports and low levels of local content have led to 12 company closures and over 4,000 job losses in the South African motor industry over two years, the trade minister said on Wednesday.

South Africa, a market long dominated by the likes of Volkswagen, Toyota 7203.T and Mercedes-Benz, saw sales of 515,850 locally produced cars last year, far below the South Africa Automotive Masterplan 2035 target of 784,509, Minister…

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