Africa in BusinessAfrica in Business

SA remains a key player in the global automotive industry

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South Africa remains a key player in the global automotive industry, exporting top models like the Volkswagen Polo, Mercedes-Benz C-Class, Toyota Hilux, Ford Ranger, and BMW X3. Last year alone, the country's vehicle and component exports totalled approximately 14 billion US dollars, with 10% destined for the United States- thanks in part to the benefits of the African Growth and Opportunity Act (AGOA). But the industry now faces a major hurdle . On Wednesday, April 30th, the Trump administration will impose a 25% tariff on all foreign vehicles entering the U.S., a move that could have serious implications for South Africa's auto exports. Channel Africa business reporter Innocent Semosa has more

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