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2019 Study on South Africa’s Motor Vehicle Industry: Size & State of the Industry, Influencing Factors, Competition, SWOT Analysis, Outlook - ResearchAndMarkets.com

November 11, 2019

DUBLIN--(BUSINESS WIRE)--Nov 11, 2019--

The “The Motor Vehicle Industry in South Africa 2019” report has been added to ResearchAndMarkets.com’s offering.

This report focuses on the motor vehicle industry, which incorporates the manufacture, distribution, servicing, and maintenance of motor vehicles and the manufacture of components. It includes information on the state and size of the industry, sales, export and import statistics, and comprehensive information on factors that influence the sector.

There are profiles of 109 companies including major manufacturers such as Mercedes-Benz, Nissan, BMW, Ford, Toyota, and Volkswagen, which will collectively invest R39bn in new capacity over the next five years. Other companies profiled include listed companies Motus Holdings and Combined Motor Holdings.

Motor Vehicles

As the largest manufacturing sector in South Africa’s economy, vehicle and component production accounted for 29.9% of the country’s manufacturing output in 2018 compared to 30.1% in 2017. The broader automotive industry’s contribution to the gross domestic product was 6.9% which comprised 4.4% for manufacturing and 2.5% for retail.

The country’s weak macro-economic environment, pressure on consumers’ disposable income and fragile business and consumer confidence, resulted in new-vehicle sales declining marginally in 2018. Exports of automotive products, which reached a record R178.8bn, were shipped to a record 155 export destinations, up from 149 in 2017.

New Technologies

Sales of hybrid petrol and diesel vehicles totalled 144 units in 2018, down from 303 in 2017, while electric car sales declined to 58 units in 2018 from 68 units in 2017. An increasing number of South African manufacturers plan to introduce electric vehicles in the next two years, but growth will be determined by the development of public charging infrastructure.

In March 2019 there were 867 electric vehicles registered in the country. Nissan and BMW have been at the forefront of a joint initiative to increase the adoption of electric vehicles in South Africa, but their attempts to get the government to agree to incentives for electric vehicles to reduce the retail price has been unsuccessful.

Key Topics Covered

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY

2.1. The Motor Industry Development Programme (MIDP) and the Automotive Production Development Programme (APDP)

2.2. Retail

2.3. Motor Vehicle Repair and Maintenance

2.4. Auto Salvage

2.5. Industry Value Chain

2.6. Geographic Position

3. SIZE OF THE INDUSTRY

4. STATE OF THE INDUSTRY

4.1. Local

4.1.1. Corporate Actions

4.1.2. Regulations

4.1.3. Enterprise Development and Social Economic Development

4.2. Continental

4.3. International

5. INFLUENCING FACTORS

5.1. Government Support

5.2. Economic Environment

5.3. Labour

5.4. Rising Operating Costs

5.5. Technology, Research and Development (R&D) and Innovation

5.6. Environmental Concerns

5.7. Clean Fuels

6. COMPETITION

6.1. Barriers to Entry

7. SWOT ANALYSIS

8. OUTLOOK

9. INDUSTRY ASSOCIATIONS

10. REFERENCES

10.1. Publications

10.2. Websites

APPENDIX 1 - Summary of Notable Players

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/unnc9z

View source version on businesswire.com:https://www.businesswire.com/news/home/20191111005382/en/

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KEYWORD: AFRICA SOUTH AFRICA

INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/11/2019 09:38 AM/DISC: 11/11/2019 09:38 AM

http://www.businesswire.com/news/home/20191111005382/en