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Toyota South Africa Motors CEO Andrew Kirby notes that the Durban-based manufacturer has been experiencing challenges in its exports into the rest of Africa owing to the Iran conflict, with shipping lines that traditionally trans-ship through the Middle East forcing the company to find alternative routes. The conflict has also significantly increased global logistics costs and caused congestion on alternative routes such as to and from Singapore, with a couple of ships carrying vehicles still stuck in the affected area.
Industry and government yet to find 'sweet spot' on shoring up local manufacturingThe South African automotive industry and government have not yet found the balance needed to shore up the local manufacturing sector as it faces declining local parts content and increasing competition from imports, says naamsa president and BMW Group South Africa CEO Peter van Binsbergen. Talks are ongoing between naamsa, the National Association of Automotive Component and Allied Manufacturers and the National Union of Metalworkers of South Africa to develop recommendations to government on adapting policies to strengthen local automotive manufacturing without unintended negative consequences, with steeper import duties on vehicles from China and a cut in ad valorem tax on locally made vehicles placed on the table as possible solutions.
Andrew Kirby Updates
The South African automotive industry and government have not yet found “that sweet spot” that would shore up the local manufacturing sector as it faces declining local parts content and increasing...
The South African automotive industry and government have not yet found “that sweet spot” that would shore up the local manufacturing sector as it faces declining local parts content and increasing...
The 15.7% growth in new-vehicle sales in South Africa last year is not all that it seems, warns Toyota South Africa Motors (TSAM) president and CEO Andrew Kirby. Kirby is also manufacturing VP at...
The 15.7% growth in new-vehicle sales in South Africa last year is not all that it seems, warns Toyota South Africa Motors (TSAM) president and CEO Andrew Kirby. Kirby is also manufacturing VP at...
Toyota South Africa Motors (TSAM) has unveiled the latest models to be offered in the South African market this year, including various new-energy vehicles (NEVs). The company announced at its...
The government is the biggest beneficiary of the South Africa auto industry, says manufacturing and industrialisation expert Justin Barnes. The average tax on an average vehicle sold in South...
Toyota South Africa Motors (TSAM) has unveiled the latest models to be offered in the South African market this year, including various new-energy vehicles (NEVs). The company announced at its...
The South African government will have no choice but to impose antidumping duties on imported vehicles, says Trade, Industry and Competition Deputy Minister Zuko Godlimpi. At the end of January,...
The South African government will have no choice but to impose antidumping duties on imported vehicles, says Trade, Industry and Competition Deputy Minister Zuko Godlimpi. Godlimpi on Tuesday...
Africa’s minerals are indispensable for a clean economy and these range from platinum-group metals (PGMs), which power hydrogen and fuel cells, to cobalt and manganese, which will drive battery...
To counter sluggish global growth and rising trade fragmentation, deeper and more sustainable industrialisation is increasingly viewed as the ideal route to inclusive development, prompting the...
To counter sluggish global growth and rising trade fragmentation, deeper and more sustainable industrialisation is increasingly viewed as the ideal route to inclusive development, prompting the...
Toyota South Africa Motors (TSAM) has announced the launch of the 2025 Durban Automotive Cluster (DAC) Small and Medium Enterprise (SME) Accelerator. The programme is a public-private partnership...
Toyota South Africa Motors (TSAM) has announced the launch of the 2025 Durban Automotive Cluster (DAC) Small and Medium Enterprise (SME) Accelerator. The programme is a public-private partnership...
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