The impact of COVID-19 on the South African automotive sector has been saved
The impact of COVID-19 on the South African automotive sector
Guidance for automotive executives
The COVID-19 pandemic has had a swift and severe impact on the globally integrated automotive industry. With over 80% of the global economy currently in some form of lockdown and rolling blows to economic activity as more countries are put into lockdown, it is common cause that the world has not faced a pandemic of this scale in recent times.
The automotive cluster is an important industrial sector in South Africa and its continuity is thus critical to the future industrial and economic landscape of the country.
Topics covered in this article:
- The importance of the South African automotive sector
- The global macro for automotive
- Government support in South Africa
- Respond, recover, thrive
- What should the response of auto executives be?