The 5th largest exporting sector navigates the turbulence towards mobility 4.0

The 5th largest exporting sector navigates the turbulence towards mobility 4.0

The automotive industry is an important industrial sector in South Africa and its continuity is crucial to the future industrial and economic landscape of the country. On 18 November 2020, HyperMobility in partnership with naamsa and in association with AutoTrader brings together automotive specialists for high-level industry discussions.

“COVID-19 has negatively affected the automotive sector’s growth prospects globally and domestically. The first half of 2020 has been particularly challenging and we expect a very sluggish trajectory for the balance of this year.”, says Mikel Mabasa, naamsa CEO.

Some of the pressing questions that will be discussed include: How Government will stabilise, stimulate and protect the South African automotive sector? How shifts in consumer expectation and mobility needs transform, what is the future of automotive retailing and the role of dealerships? As well as predictions and forecasts on the economic outlook for the Automotive industry as demand collapses and exports wain.

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