South Africa has a limited window to secure the future of its automotive industry.
Toyota South Africa Motors (TSAM) says South Africa has a limited window to secure the future of its automotive industry, warning that decisions taken today will determine whether local vehicle manufacturing remains globally competitive beyond 2028.
The comments came after Toyota marked the start of production of the ninth-generation Hilux at its Prospecton plant in Durban, backed by a R10 billion investment.
While the investment itself is an important development, Toyota executives stressed that the real significance lies in preparing the plant and its workforce for the next generation of vehicles.
"It's beyond the numbers and it's about the generations to come," said Nigel Ward, executive vice-president of Manufacturing and Support Group.
