Automotive 2023: Navigating change the potential for weaker-than-expected economic

the potential for weaker-than-expected economic growth and the possibility that the green transition loses pace amid record-high input prices

questions remain

positions the industry for steady growth

Published on 09 December 2021

sponsored by GE

Automotive 2023: Navigating change the potential for weaker-than-expected economicThe South African economy has navigated through a turbulent landscape, grappling with a multitude of global and local disruptions. The impacts of slowing global growth owing to geopolitical tensions, acute power challenges, inefficiencies in State owned enterprises, supply chain disruptions and record high interest rates have reverberated across all sectors of the economy the automotive industry included. The automotive industry is a vital component