The automotive industry is in an era of disruption. Electric vehicle growth is demanding large investment but making them at scale is for now a loss-making endeavour. Combustion vehicle demand is declining but still dominates and importantly, produces cash.
Amid increasing cost pressure from high levels of inflation and supply chain disruptions, and slower than expected recovery in demand for new vehicles, how are the leading manufacturers responding to this challenge?
What does this mean for the South African automotive industry, is there a pathway for growth through this decade of disruption?
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