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Car industry revs up in South Africa despite languishing economy

Companies including BMW AG, Volkswagen AG and Ford Motor Co are taking advantage of the state's car development programme

Volkswagen's car production plant in Uitenhage, on the outskirts of Port Elizabeth; the company will invest more than 4.5 billion rand to build new vehicle models and increase capacity.


AS South Africa's economy languishes near a recession, there is one major success story: the car industry.

While mining companies such as Anglo American Platinum Ltd and Lonmin plc are among businesses cutting jobs and output in Africa's most-industrialised economy,