Serious concern over US tariff announcement
- Industry News
- 4 April 2025
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The Automotive Business Council (naamsa) has expressed concern over the recent announcement by US President Donald Trump to introduce additional tariffs on all imported products under what has been termed ‘Liberation Day’ trade measures.
South African consumers demonstrated a strong appetite for new passenger vehicles in March, according to figures released by the Automotive Business Council (naamsa).
Despite potential headwinds, South Africa’s automotive industry remains committed to long-term growth and resilience.