JOHANNESBURG – South Africa's domestic auto makers are expected to fall short of their annual sales target of 600,000 units this year, says the National Association of Automobile Manufacturers of South Africa (NAAMSA), which represents 90% of the country's vehicle manufacturers. NAAMSA Director Nico Vermeulen predicts 2005 sales will reach only 560,000 units. The motor industry here in 2004 generated roughly R168.4 billion ($26.1 million) in revenues, up from R146.4 billion ($22.6 ...
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