http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.88Change: 0.01
R/$ = 12.70Change: 0.04
Au 1088.95 $/ozChange: -0.91
Pt 990.00 $/ozChange: 2.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Nov 29, 2007

Toyota to open dealership in Soweto

Back
Africa|Projects|Property Development|Africa|Automotive|Property Development|Service
Africa|Projects|Property Development|Africa|Automotive|Property Development|Service
africa-company|projects|property-development-company|africa|automotive|property-development|service
© Reuse this Automotive firm Toyota South Africa said on Thursday that it had completed negotiations with a new joint-venture company comprising the Maponya group and Barloworld Automotive for the establishment of a Toyota franchise in Soweto.

“We have long sought a franchise outlet in this important and burgeoning market,” said Toyota South Africa president and CEO Johan van Zyl.
 
He added that Soweto had been a long-standing “open point” in its dealer network.

“As the vehicle market has expanded in recent years the urgency to fill this point with a viable dealership has grown. Earlier this year we invited interested parties to submit applications for a dealership in Soweto,” Van Zyl said.

The Maponya group is a black business organisation with interests in food retailing, fuel retailing, and property development.

The group opened a R650-million shopping mall in Soweto with Pick ‘n Pay, Woolworths, and Edgars as anchor tenants.

Future projects include a 100 000 m2 Motor City investment.

The Maponya group is the largest independent employer in Soweto.

“This is yet another dream come true. We commend Toyota SA for taking the bold step and showing confidence in the market by awarding this opportunity in Soweto. We are also pleased to be in partnership with Barloworld Automotive and are sure that we will establish a successful business together for the benefit of Toyota customers in Soweto,” Maponya’s Richard Maponya said.

“This opportunity will again create jobs and bring investment into Soweto. More importantly, the people of Soweto will now be able to purchase vehicles and get quality after-sales service right at their doorsteps” said Maponya.

The envisaged development will be a world class fully-fledged Toyota dealership with the latest corporate identity.

“This will undoubtedly add to the changing face of Soweto”, he added.


© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Transport & Logistics News
Updated 37 minutes ago The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
OPERATOR SAFETY NO.1 The Slogging Hammer is significantly safer than the traditional method of using a wrench and sledgehammer to remove nuts and bolts
Updated 37 minutes ago Nuts and bolts loosening, tightening and torqueing solutions developer Slogging International’s Slogging Hammer is currently undergoing on-site trials at a railway project for a West African oil and gas exploration company. If these trials prove to be successful,...
More
 
 
Latest News
Mark Cutifani
Updated 5 hours ago In a hard-hitting address, Anglo American CEO Mark Cutifani lamented the decline in the competitiveness of South Africa's mining industry and warned that the “trust deficit” between government, the industry and labour would need to be urgently overcome if the country...
Updated 7 hours ago British multinational banking and financial services firm Barclays has partnered with the Bureau for Economic Research (BER) at Stellenbosch University to sponsor the monthly manufacturing economic indicator, the Purchasing Managers’ Index (PMI). The index, now known...
Updated 7 hours ago Norwegian shipping liner Wallenius Wilhelmsen Logistics (WWL) has reached a settlement agreement with the Competition Commission for contravening the Competition Act, agreeing to pay an administrative penalty of R95.7-million. This settlement followed the...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Updated 40 minutes ago Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
Updated 40 minutes ago The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Updated 40 minutes ago Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Updated 40 minutes ago Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
Updated 40 minutes ago The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96