A rise in vehicle exports from South Africa has provided auto makers with the cushion needed against falling sales on the domestic front. The export surge has generated a 13.9% hike in the number of vehicles produced in South Africa to 357,364 in first quarter 2002. Exports are expected to make up close to 45% of the year’s total production of passenger cars, according to National Assn. of Automobile Manufacturers of South Africa (NAAMSA). The rise in cross-border shipments is counter to ...
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