Innovation needed to stimulate car sales, bring new ownership models, and include the underserved
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GUEST – Kinesh Maistry - Director Auto Solutions at TransUnion South Africa
The South African automotive sector continues to grapple with significant macroeconomic challenges. Persistently high interest rates and negative GDP growth have eroded both consumer and business confidence, leading many to defer long-term financial commitments, including vehicle purchases.
The South African automotive sector continues to grapple with significant macroeconomic challenges. Persistently high interest rates and negative GDP growth have eroded both consumer and business confidence, leading many to defer long-term financial commitments, including vehicle purchases.