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2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. in 2024 and 1.3%
2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. in 2024 and 1.3%
Indian tire demand is expected to grow by a compounded annual growth rate (CAGR) of more than 7% during the next five years to reach 290 million units in the 2028 financial year. Source: Society of Indian Automobile Manufacturers. billion by the 2028 financial year. compared to the previous year. Currently accounting for 3.3%
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