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FINANCIAL RESULTS
Bell posts R272m loss in ‘challenging’ year
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JSE-listed heavy equipment manufacturer Bell on Friday reported a R272-million loss for the year ended December 31,2009, describing the 12-month period as the "toughest and most challenging" year in the group's history.
Bell said that the loss...
By: Loni Prinsloo
12 Mar 10
AUTO INDUSTRY – 3
Car importer reports rise in 2009 sales, despite dismal market
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South Africa’s biggest vehicle importer, Associated Motor Holdings (AMH), responsible for bringing Hyundai, Kia, Daihatsu and Tata to the country, saw sales increase by 22% in 2009 compared with 2008, says CE Manny De Canha - this as the total...
By: Irma Venter
12 Mar 10
AUTO INDUSTRY – 2
Clean-fuel pressure should be placed on South African oil companies
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Mercedes-Benz South Africa president and CEO Dr Hansgeorg Niefer says he has difficulty in understanding why there is not more pressure on fuel companies to produce cleaner diesel and petrol in South Africa.
By: Irma Venter
12 Mar 10
VEHICLE SALES
Strong year-to-date new-car sales exceed expectations
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New vehicle sales for the first two months of the year has jumped 18% compared with the same period last year, providing “an encouraging signal that the country was moving out of its first recession in 17 years”, says McCarthy CE Brand...
By: Irma Venter
12 Mar 10
AUTOMOTIVE SECTOR
Auto industry saved by the export bell – KPMG
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To a large extent, government incentives had saved the South African automotive industry from a far worse collapse than what was eventually seen in 2009, said KPMG Africa automotive practice director Gavin Maile on Wednesday.
KPMG released its...
By: Irma Venter
10 Mar 10
BUS INDUSTRY
Mercedes-Benz SA to build buses for Africa
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Mercedes-Benz South Africa (MBSA) will expand its bus sales region to include all right-hand drive markets in Southern Africa, including Zimbabwe, Zambia, Mozambique, Malawi, Namibia, Botswana, Swaziland, Lesotho, Mauritius, as well as Tanzania,...
By: Irma Venter
09 Mar 10
WORLD CUP TRANSPORT
230 buses completed for the World Cup, 230 to go
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The Passenger Rail Agency of South Africa (Prasa) and its bus operator subsidiary, Autopax, on Monday received half of the 460 buses it ordered from Mercedes-Benz South Africa (MBSA) for use during the 2010 FIFA World Cup.
The buses would be used...
By: Irma Venter
09 Mar 10
HEAVY EQUIPMENT
Bell revises expected FY loss
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JSE-listed Bell Equipment expects to report a loss of between 270c a share and 280c a share when it releases its 2009 financial on Friday.
In December, the heavy equipment manufacturer said that it expected a loss of between 370c a share and 410c...
By: Loni Prinsloo
09 Mar 10
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Automotive Multimedia
Bell posts R272m loss in ‘challenging’ year
Auto industry saved by the export bell – KPMG
Mercedes-Benz SA to build buses for Africa
Toyota SA recalls 52 546 vehicles, explains how they will be fixed
Toyota South Africa recalls Corolla, Auris and Verso models
New French-owned Citroën SA 'here to stay' – MD
Eight cars to battle it out for 2010 top honours
Ford introduces inflatable seat belts
Barloworld expects ‘another challenging year' in 2010
Bell posts R272m loss in ‘challenging’ year 
Auto industry saved by the export bell – KPMG
Mercedes-Benz SA to build buses for Africa
Toyota SA recalls 52 546 vehicles, explains how...
Toyota South Africa recalls Corolla, Auris and...
New French-owned Citroën SA 'here to stay' – MD
Eight cars to battle it out for 2010 top honours
Ford introduces inflatable seat belts
Barloworld expects ‘another challenging year'...
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