Vehicle manufacturing employment at four-year peak in March
Employment levels in South Africa’s new-vehicle manufacturing industry reached its highest level in four years, says the National Association of Auto- mobile Manufacturers of South Africa (Naamsa).
At the end of March, employment increased by 140 jobs to reach 30 299 positions, notes Naamsa in its 2013 first-quarter industry review. This increase came on top of the 780 new jobs created during the fourth quarter of 2012.
The average monthly industry employment number at new-vehicle plants for 2012 was 29 180, compared with 28 292 in 2011.
Naamsa says employment levels are expected to increase further, as a number of vehicle manufacturers ramp up production for export markets.
The association also notes that industry capital expenditure remains close to record levels, and is projected to exceed R5.2-billion in 2013, compared with R4.67-billion in 2012.
First-quarter vehicle sales in South Africa were equally healthy, with new-car sales up 3% on the first three months of 2012, light commercial vehicles up 8.1%, medium trucks up 6.1% and heavy trucks down 1.1%.
Domestic new-vehicle sales are expected to grow by up to 7% in 2013, to 652 000 units.
Naamsa expects 2013 local vehicle production to grow 18% to about 640 000 units in 2013.
Exports are forecast to reach 361 000 vehicles, compared with 277 893 vehicles in 2012.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















