The South African government has focused its automotive industry’s growth strategies on becoming highly integrated into the global automotive environment. According to the South African Automotive Masterplan (SAAM) for 2021-2035, the primary objective is to produce 1% of global vehicle production. Which is already on track with a 0.62% global vehicle production market share which enhances the country’s global ranking and status. Vehicle production revenue is expected to show an annual growth rate of 1.79%, resulting in a projected market volume of US$9.8bn by 2027.​

The value-chain is anchored on the seven OEMs which make provision for the manufacturer, distribution and maintenance of vehicles and components.​

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To invest in the South African Automotive and Components sector, visit www.investsa.gov.za