The third plenum "will identify priorities for comprehensively deepening reform, map out a blueprint for its long-term economic development, and open up a new chapter in the country's march toward Chinese modernisation", wrote the Global Times, an English-language Chinese newspaper. It added that the wide range of policy reforms, including "creation of new quality productive forces, constant support for the private economy, coordination on development and security, as well as a firm commitment to opening- up," is expected. File Image: New cars for export wait for transportation on a vehicles carrier vessel at a dockyard in Yantai in east China's Shandong province on Nov. 2, 2023. Chinese auto sales slumped in June, 2024 as the domestic economy remains weak, but strong exports kept overall sales growth in positive territory, an industry association said Wednesday, July 10, 2024. (Chinatopix via AP, File)
Auto
C
CNBC TV1830-12-2025, 20:11

India Drives South Africa's Car Market: Half of All Sales Have Indian Connection

  • Half of cars sold in South Africa in 2025 have an India connection, either manufactured by Indian companies like Mahindra and Tata or with Indian-made components.
  • Mahindra's Pikup series leads sales, and 84% of Japanese-branded light vehicles in SA in 2024 were imported from India.
  • Despite high visibility of Chinese brands, India accounted for 36% of SA's vehicle imports in 2024, compared to China's 11%.
  • India's share of passenger vehicle sales in South Africa reached 49% in the first five months of 2025, largely due to Maruti Suzuki and its supply to Toyota.
  • This trend offers price relief for buyers but raises concerns for South Africa's local automotive industry, contrasting with 2009 when local production dominated.

Why It Matters: India is rapidly becoming the dominant source for vehicles in South Africa, impacting both buyers and local industry.

More like this

Loading more articles...