Strike hits car trade

Weekend Argus (Saturday Edition) - - NEWS -

BE­CAUSE of the strike in the car in­dus­try ex­port num­bers recorded a year- on- year monthly de­cline of 75.1 per­cent in Septem­ber, but some re­cov­ery last month, Naamsa said.

“In­dus­try new ve­hi­cle ex­ports dur­ing Oc­to­ber, at 21 125 ve­hi­cles, reg­is­tered a sub­stan­tial de­cline of 3 767 units, or a fall of 15.1 per­cent com­pared to the 24 892 ve­hi­cles ex­ported in Oc­to­ber last year,” the Na­tional As­so­ci­a­tion of Au­to­mo­bile Man­u­fac­tur­ers of SA said.

As a re­sult, the orig­i­nal 2013 in­dus­try pro­jec­tion of ve­hi­cle ex­ports of 336 000 units would likely be re­vised down­ward, to about 290 000 units this year.

Naamsa said last month’s ex­port fig­ures re­cov­ered as man­u­fac­tur­ers re­sumed “nor­malised ve­hi­cle pro­duc­tion” mid- month. Ex­ports were ex­pected to im­prove. – Sapa

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