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Auto market awaits return of consumer confidence, political clarity – TransUnion

By:  
Creamer Media Senior Deputy Editor
 
AUTO INDUSTRY
The South African automotive sector continues to grapple with significant macroeconomic challenges, says TransUnion Africa CEO Lee Naik. Persistently high interest rates and negative economic growth have eroded consumer and business confidence, leading many to defer long-term financial commitments, including vehicle purchases.
 
 
 
 
 

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