Imports putting pressure on vehicle, component production – Metair

Rising vehicle imports from China and India are placing pressure on production volumes at South Africa’s local vehicle manufacturers, with this pressure spilling over to component manufacturers, says Metair CEO Paul O’Flaherty. Speaking at the component manufacturer’s interim results announcement for the six months ended June 30 on Wednesday, O’Flaherty noted that Metair managed a “very solid performance” despite two of its main customers showing a decline in vehicle production from peak levels.

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