New national motor plan is geared up and ready to go

  The economy is flat, industrial growth is stuck in limbo and prospects for the sector are poor. Cue government’s new SA Automotive Masterplan (SAAM). Will it fuel the results everyone is hoping for? Despite government oiling the wheels of local vehicle manufacturers with tax breaks, economic development zones and industry masterplans, it has yet to jump-start the state’s growth ambitions. For one, the Automotive Production Development Programme (APDP), which is currently in play, has not succeeded in achieving its 2020 target of producing a million vehicles per year. SA…

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