Slide of the month (SOTM) May. The aftermarket for commercial vehicles in South Africa
Being Africa´s most developed country, the automotive aftermarket in South Africa presents itself with its unique profile, own challenges and opportunities: South Africa is one of the very few African countries with a relatively strong base of local automotive parts manufacturers. A vast variety of international brands have long set up shop, some established their own offices and warehouses. The local motor vehicle fleet of more than ten million is one of Africa´s biggest but has recently only grown very slowly. Together with a sluggish economy, the parts market has become relatively competitive with firms fighting hard for market shares.
The already existing volumes, together with a market that – in a global comparison – still has space for significant growth, open interesting opportunities for international firms.
Get in touch if you would like to know more about opportunities in Africa´s automotive aftermarkets!