Metair warns of weak local vehicle production as cheap imports surge

African News Agency | 11.03.2026 17:30
Executives at Metair expect South Africa’s short term vehicle production outlook under the original equipment manufacturers segment to be subdued due to the influx of imported car brands from China and India, with the company sinking to a headline loss of 67 cents per share despite raising revenues for the 2025 full year by 57% to R17.9 billion.