PUBLISHER: Freight News (www.freightnews.co.za)
The value of South Africa’s automotive exports exceeded R400 billion in 2023, chief executive officer of the Automotive Business Council (naamsa) Mikel Mabasa has said.
Passenger vehicle sales continued to decline, with a year-on-year decrease of 0.9% to 44 749 units.
In contrast, exports grew by 8 526 units or 27.5%, to 39 517, compared to the 30 991 vehicles in February 2023