{"id":30176,"date":"2022-05-07T18:21:39","date_gmt":"2022-05-07T18:21:39","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports"},"modified":"2022-05-07T18:28:46","modified_gmt":"2022-05-07T18:28:46","slug":"catalytic-converters-fuel-record-sa-car-sector-exports","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports","title":{"rendered":"Catalytic converters fuel record SA car-sector exports"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>South Africa&#8217;s exports of cars and vehicle components rose by almost a fifth to a record R207.5 billion last year, partly driven by shipments of catalytic converters.<\/p>\n<p>The increase means the automotive industry lifted its contribution to the country&#8217;s gross domestic product to 4.3% from 4.1%, according to a report by the Automotive Industry Export Council.<\/p>\n<p>It suggests the sector, which accounts for 12.5% of South Africa&#8217;s export value, is recovering from damage caused by coronavirus restrictions that shuttered borders and disrupted supply chains.<\/p>\n<p>The value of vehicle exports rose 14% to R138 billion in 2021 and shipments of catalytic converters increased more than a third to a record R35 billion, the report showed. The emissions-control parts made up more than half of all automotive component shipments.<\/p>\n<p>Despite the improvements, the growth in the domestic industry has yet to return to pre-pandemic levels, Norman Lamprecht, the council&#8217;s executive manager, said in a statement.<\/p>\n<p>Ongoing Covid-19 supply-chain disruptions, shortages of stock and rising energy and transport costs mean the sector that employs more than 78 000 workers will continue its stop-start recovery this year, he said.<\/p>\n<p>Domestic sales of new vehicles in April were also hit by the devastating floods in KwaZulu-Natal that disrupted port operations and rail and road freight. While total sales grew 4.3% from a year earlier, it fell by 26.5% from the previous month.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-africa\">South-Africa<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. South Africa&#8217;s exports of cars and vehicle components rose by almost a fifth to a record R207.5 billion last year, partly driven by shipments of catalytic converters. The increase means the automotive industry lifted its contribution to the country&#8217;s gross domestic product to 4.3% from 4.1%, according to a report by the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":30175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,1773,1774,1775,1438,275],"class_list":["post-30176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-auto-industry","tag-cars","tag-exports","tag-kzn-floods","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Catalytic converters fuel record SA car-sector exports - South Africa<\/title>\n<meta name=\"description\" content=\"South Africa&#039;s exports of cars and vehicle components rose by almost a fifth to a record R207.5 billion last year, partl ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Catalytic converters fuel record SA car-sector exports\" \/>\n<meta property=\"og:description\" content=\"South Africa&#039;s exports of cars and vehicle components rose by almost a fifth to a record R207.5 billion last year, partl ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-07T18:21:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-07T18:28:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2022\/05\/postQueueImg_4-6276ba46b1045.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Catalytic converters fuel record SA car-sector exports\",\"datePublished\":\"2022-05-07T18:21:39+00:00\",\"dateModified\":\"2022-05-07T18:28:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports\"},\"wordCount\":241,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2022\/05\/postQueueImg_4-6276ba46b1045.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"auto industry\",\"cars\",\"exports\",\"kzn floods\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/catalytic-converters-fuel-record-sa-car-sector-exports\",\"name\":\"Catalytic converters fuel record SA car-sector exports - 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