The South African vehicle market is expected to grow, despite the dire effects of load shedding and inflation.
New vehicles are set to launch in South Africa in 2023 and 2024 as the motor vehicle industry recovers from the effects of the Covid-19 pandemic.
Although the local vehicle sales showed positive numbers, Naamsa said that exports declined by 11.5% – a concern as the automotive industry contributes 4.3% to the nation’s GDP. “Pricing, detailed specification, and model line-up for the GR Corolla will be confirmed closer to launch timing,” Toyota said.
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