http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.62Change: -0.09
R/$ = 10.58Change: -0.06
Au 1300.20 $/ozChange: -3.75
Pt 1440.50 $/ozChange: -4.00
 
 
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
 
Nelson Mandela 1918 - 2013   Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science & Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Nov 29, 2007

Toyota to open dealership in Soweto

Back
Barloworld Automotive|Property Development|Toyota SA|Toyota South Africa|Woolworths|Dealer Network|Food Retailing|Property Development|Johan Van Zyl|Richard Maponya
barloworld-automotive|property-development-company|toyota-sa|toyota-south-africa|woolworths|dealer-network|food-retailing|property-development|johan-van-zyl|richard-maponya
© 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
 
 
 
 
 
 
 
 
Other Automotive News
The Accent hatchback
Affordability is “becoming more and more of an issue” in the South African new car market, “especially if the interest rate goes up between 0.5% or 2% before the end of 2014”, says Hyundai Automotive South Africa (HASA) marketing director Stanley Anderson....
WesBank’s newest Vehicle sales Confidence Indicator (WVsCI) shows dealers do not expect sales in the new vehicle market to grow over the next three to six months. The indicator predicts the new and used vehicle sales markets for the next six months.
The South African Battery Manufacturers Association is in the process of launching an application with the International Trade Administration Commission of South Africa (Itac), for protection against what it views as the dumping of Korean manufactured vehicle...
More
 
 
Latest News
Updated 3 minutes ago While South Africa’s ship building and repair industry is at a “critical” stage in its development, the industry continues to be stifled by obsolete port infrastructure, protectionist government policy and monopoly pricing, driving the migration of these...
Updated 22 minutes ago The South African Short-term Insurance Association (SAIA) on Wednesday called on motorists to be careful when driving during the coming Easter Weekend. This warning followed a call for caution by the association in February when heavy rains caused damage to roads and...
More
 
 
Recent Research Reports
Steel 2014: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless...
Projects in Progress 2014 - First Edition (PDF Report)
This publication contains insight into progress at the delayed Medupi and Kusile coal-fired projects, in Mpumalanga and Limpopo respectively, as well as at the Ingula pumped-storage scheme, which is under construction on the border between the Free State and...
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
 
 
 
 
 
This Week's Magazine
Updated 4 hours ago There is enough water in South Africa to supply communities and the economy, even if some activities may be constrained, such as agriculture in the Limpopo, says National Planning Commission commissioner Mike Muller. 
Muller was also the director-general from 1997...
South African antenna designer and producer Poynting and provider of professional products, system integration and implementation and commissioning services for the broadcast and telecommunications markets in South Africa, African Union Communications (Aucom),...
Industrial automation giant Festo has been displaying some of the its ongoing research projects and latest automation developments and products at the Hannover industrial fair from April 7 to 11, as part of its Integrated Automation – The Next Steps theme. The...
South African retail companies are responding to the way in which e-commerce is changing their engagement model with customers by improving customer engagement channels and order fulfilment intelligence, says industrial and retail software company JDA Europe, Middle...
In support of the South African government’s mandate to create more jobs and promote sustainable development, multilevel marketing company Amway’ business model aims to assist government in easing the startup of business and encourage an entrepreneurial mindset...
 
 
 
 
 
 
 
 
 
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