SOUTH AFRICA OFFERS NEW STATE SUPPORT PROGRAM TO AUTO INDUSTRY
September 1st, 2008
BY STEVEN SWINDELLS
THE SOUTH African government is implementing a new state support plan for the local vehicle manufacturing industry as local car sales slump amid the country's economic downturn.
It has approved the new Automotive Production and Development Programme (APDP) to replace the Motor Industry Development Programme (MIDP) which has been in place since 1995, promoting investment while protecting South African manufacturers with tariffs. The APDP also aims to encourage expansion of South African vehicle manufacturing and component industries, and is ...
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