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How SA’s automotive sector is navigating COVID-19 headwinds

PUBLISHED: Mon, 03 Aug 2020 12:28:47 GMT

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Demand uncertainty in equipment manufacturers and aftermarket environments is causing a devastating impact on the automotive sector, amid COVID-19. With a reported survey indicating revenue shortfalls along the value chain, what does the future of South Africa’s automotive sector look like? CNBC Africa spoke to Lance Schultz, Chief Executive Officer at Gauteng, Automotive Industry Development Centre, to find out if there is any moderation to the sector’s plans….


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