BLOOMBERG · 2026-11-12 13:01 UTC

Next Africa: Chinese Car Recall Points to More Market Upheaval

Cheaper Chinese and Indian car brands have reshaped South Africa's new-car market, with Chinese vehicles now about one-fifth of new-car sales and legacy makers like BMW and Volkswagen under pressure. Chery is recalling almost 24,000 popular models for possible welding and brake faults and is under investigation by the consumer watchdog for not reporting a prior safety recall. FirstRand's Wesbank warned that lower-priced entrants may cut used-car residual values, and CMH expects a difficult pre-owned market as Asian models depreciate sharply.

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