(Answered) : South Africa Accelerates Car Production South Africa Emerging Profitable Production Export Q32968358

South Africa accelerates its car production

South Africa is emerging as a profitable production and exportbase for some of the world’s big auto manufacturers, despite thecountry’s remoteness, its reputation for labour militancy andpolitical uncertainties. South Africa has also become a keysupplier of motor industry components. With massive platinum andpalladium deposits, South Africa has emerged from nowhere to takenearly 10% of the world’s production of catalytic converters, whichis set to increase to 25%. This did not happen by accident. It isthe result of a deliberate strategy by the government to draw theworld’s best car manufacturers into South Africa, and drag thedomestic industry