THE Ministry of Industry says the automotive industry is operating at below five percent capacity utilisation levels, weighed by heightened competition from imported used vehicles.Advertisements Industry Minister Mangaliso Ndlovu said approximately US$664 million has been spent in 2023 on the importation of motor vehicles in Zimbabwe. “…the automotive industry…has faced several challenges which have resulted…
Automotive industry operating at 5pct capacity
Industry Minister Mangaliso Ndlovu