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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

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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.

Johannesburg

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,...

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