Trouble and chance in the motor industry

SOURCE: HSRC Review
OUTPUT TYPE: Journal Article
PUBLICATION YEAR: 2009
TITLE AUTHOR(S): M.Gastrow
KEYWORDS: ECONOMIC GROWTH, MOTOR INDUSTRY, MOTOR INDUSTRY
DEPARTMENT: Equitable Education and Economies (IED)
Web link: http://www.hsrc.ac.za/en/review/April-2009/motor-industry
Intranet: HSRC Library: shelf number 5750
HANDLE: 20.500.11910/4947
URI: http://hdl.handle.net/20.500.11910/4947

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Abstract

The word 'crisis', when written in Chinese, is composed of two characters: one representing danger and the other representing opportunity. Whereas the South African automotive manufacturing industry is staggering under the impact of the global economic crisis that has nearly bankrupted the world's largest automotive companies, there might also be some opportunities.