MyPressportal - South Africa’s Vehicle Industry Posts Record Growth With Drive Motor Index Up 7.4 Percent
Compiled by economist Dr Roelof Botha, the DMI is a composite index measuring twelve key indicators of South Africa’s motor sector, including vehicle manufacturing, sales, exports, and related metrics. Indicators are weighted to reflect their importance in assessing overall sector performance.
Drive.co.za developed the DMI to provide a reliable, time-series gauge of business conditions in the motor sector, which contributes significantly to GDP and supports an estimated 580,000 jobs. The sector includes vehicle manufacturing, retail, servicing, repairs, and related facilities...
Click below to read the full article.


