Eastern Cape Industrial News
THE current national automotive policy, the Automotive Production and Development Plan (APDP), will expire in 2020, and will be replaced by the recently announced SA Automotive Masterplan (SAAM), which will guide the sector to 2035.
According to the National Association of Automotive Component and Allied Manufacturers (NAACAM), the new policy will build on the elements of the APDP that have been effective and will provide a unified roadmap under a revised incentive framework that promotes local value addition and not only production volumes.