How Chinese brands are disrupting SA’s motor retail market

Moneyweb

Competition in the South African vehicle market intensifies as more players enter the stagnant industry since 2019. Mahindra matches Nissan’s sales, while the influx of low-priced foreign imports threatens local job losses. Chinese SUV brands disrupt the market, as shown in Combined Motor Holdings’ annual results. Revenue rises by 4%, but profit before tax drops by 12% due to pricing pressure from foreign imports.
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