The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: The poor consumer outlook in South Africa will weigh on passenger vehicle sales as the costs
associated with owning a vehicle continue to rise. The domestic production industry will continue to do well
in the automotive industry as the export market together with a relative weak rand boost production for
- Wage negotiations in the manufacturing sector reached a settlement with no work stoppages.
- Production for export will keep local production growing despite the decline in domestic sales.
- The wage negotiations in the retail segment of the vehicle industry are yet to be resolved.
- The Automotive Production and Development Programme will support total vehicle production and sales.