Auto exports revving up

South African new car assemblers are confident that 2010 will be a better year for exports than last year. According to the National Association of Automobile Manufacturers of South Africa (Naamsa), manufacturers are expecting overall export sales to grow by about 32% from last year’s level of 174 952 vehicles. “Inventory constraints” bogged down exports during January. The figure of 9 130 vehicles was a drop of 1 585 units or 14.8% compared to the 10 715 vehicles exported during January last year,” Naamsa said.