Hyperdrive
GWM, Chery Plan Vehicle Plants in South Africa as Demand Soars
Chinese automakers Great Wall Motor Company Ltd. and Chery Automobile Co. Ltd. plan to start assembling vehicles in South Africa to meet a spike in demand.
September vehicle sales rose 24% year-on-year to 54,700 and are set to return to pre-Covid-19 levels for the first time in 2025, indicating renewed confidence in the country’s economic prospects.