Power Costs Provide A Further Threat To Parts Suppliers

At a time when South Africa's automotive industry is already suffering a slump in both domestic and export sales, which has impacted production and the related supplier segment, a new threat has emerged in the form of rising electricity prices from Eskom. According to Roger Pitot, executive director of the National Association of Automotive Component and Allied Manufacturers (NAACAM), electricity costs for parts producers have risen by 70% over the past 18 months. He added that this has a major impact on companies using forges and

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