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                                                                                                                      N8/1/1
                                                                                                                      20
th February, 2007  


To:          CHIEF EXECUTIVES OF NAAMSA MEMBER COMPANIES
              FINANCE DIRECTORS
              HEADS OF SALES AND MARKETING DEPARTMENTS
              NAAMSA STATISTICS COMMITTEE

 

Ladies and Gentlemen,

NEW VEHICLE MANUFACTURING INDUSTRY :
CAPITAL EXPENDITURE 2000 - 2007

NAAMSA communication N8/1 dated 8th January, 2007 - refers.

Details of the industry’s capital expenditure, for the years 2000 through 2007 may be shown as follows –

 

 

R Millions

Capital Expenditure

2000

2001

2002

2003

2004

2005

2006

2007

Projection

Product/Local/Content/Export Investment/ Production Facilities

1 311,2

1 800,1

2 311,4

1 989,4

1 816,3

2 805,3

5 058,1

4 741,9

Land and Buildings

109,7

33,3

152,0

141,5

129,6

512,1

758,0

576,4

Support Infrastructure (I.T., R&D, Technical, etc.)

140,6

244,9

262,4

193,9

273,7

258,7

398,8

434,6

Total

1 561,5

2 078,3

2 725,8

2 324,8

2 219,6

3 576,1

6 214,9

5 752,9

During 2006, the industry’s capital expenditure increased in Rand terms by R2,64 billion or 73,8% to reach a record of R6,2 billion.  Planned investments for 2007 remain at near record levels.

The 2006 and 2007 figures may increase further since capital expenditure data from a number of specialist truck manufacturers is still awaited.

 

Regards,
Vermeulen

 

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