S.African govt, car sector to discuss loan package

Newswire

JOHANNESBURG, Feb 24 (Reuters) - South Africa's trade and industry minister will meet car makers to discuss a rescue package to help limit job losses, a government spokesperson said on Tuesday. About 22,500 jobs are on the line in the automotive and component manufacturing sector, the National Association of Automotive Manufacturers said earlier this month. Car producers including Volkswagen , Mercedes-Benz , Ford , Toyota and General Motors employ about 116,000 in South Africa and are ...

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