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South Africa's auto industry struggles with 4,000 job cuts, 12 plant closures, and U.S. tariffs.
South Africa's automotive industry is facing tough times with 12 company closures and over 4,000 job losses reported over the past two years.
Challenges include low domestic car sales, high imports, and low local content.
U.S. tariffs on cars and parts have worsened the situation.
However, the sector now offers incentives for local electric vehicle production, and international firms are exploring opportunities in South Africa.
Despite these issues, the industry still employs 115,000 people directly.
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La industria automotriz de Sudáfrica lucha con 4.000 recortes de empleos, 12 cierres de fábricas y aranceles de los Estados Unidos.