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Mar 17, 2014
The Department of Trade and Industry (DTI) has approved 181 projects to benefit from government’s automotive investment scheme (AIS), says DTI AIS director Anna Theron. The scheme forms part of the Automotive Production Development Programme (APDP), which replaced...
Mar 14, 2014
COMING SOON The Bloodhound is to be unveiled to the public next year
Lubricant company Castrol will provide lubricants, brake and hydraulic fluids for use in the Bloodhound supersonic car (SSC). The 1 600 km/h car, which will attempt to break the land-speed record in 2015 through to 2016, is being constructed in Bristol, in the UK.
Mar 14, 2014
The sharp devaluation of the rand against major currencies will provide only short-term benefits to component exporters, warns National Association of Automotive Component and Allied Manufacturers (Naacam) executive director Robert Houdet. “The weak rand will...
Mar 14, 2014
BEST SELLER The more affordable Polo Vivo topped local passenger car sale charts last year at 34 126 units
There has been a clear buying-down trend in the South African new car market over the last four to five years, says Volkswagen Group South Africa (VWSA) MD David Powels. South Africans bought smaller, more affordable cars in 2013, and the trend is set to continue in...
Mar 14, 2014
Despite what outgoing CEO Hubert Brody called “challenging trading conditions in South Africa and Europe”, Imperial reported a 8% jump in operating profit, to R3.16-billion, for the six months ended December 31. Compared with the same six months in the previous...
Mar 14, 2014
The local new vehicle market will contract by around 0.6% in 2014 compared with last year, says WesBank CEO Chris de Kock. The new car market will most likely shrink 2% to 441 432 units, with bakkies and vans expected to grow 2%, to 172 618 units.
Mar 12, 2014
Passenger car imports could fall in 2014, after reaching an all-time high in 2013, at 337 000 units. Imports made up 9% of all passenger cars sold in South Africa in 1995 (22 000 units), climbing to 26% in 2000, 50% in 2005, 66% in 2010, and 75% last year.
Mar 11, 2014
Volkswagen Financial Services, finance arm of the German auto maker, has joined forces with South African vehicle and asset finance company, WesBank, to form Volkswagen Financial Services South Africa (VFSSA). Volkswagen Financial Services owns 51% of the new finance...
Mar 10, 2014
Mar 07, 2014
Mar 07, 2014
 
 
 
Feb 28, 2014
ARNO VAN DER MERWE The technical capacity at the plant will be around 100 000 units a year
The new made-in-South Africa C-Class will be exported to more than 80 countries, including the UK, says Mercedes-Benz South Africa (MBSA) production VP and CEO designate Arno van der Merwe. He notes that South Africa is currently set to be the only supplier of...
Feb 28, 2014
An African free trade agreement (FTA) is one of the most important FTAs the local automotive industry required the South African government to negotiate and sign, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. He says that any such FTA has...
Feb 28, 2014
As the fuel price increased to record highs in February, consumers now spend 36.5% of their monthly mobility budget on fuel, and 38.6% on vehicle installments – this according to WesBank’s February Monthly Mobility Calculator. The calculator takes into...
Feb 28, 2014
JSE-listed specialist logistics company OneLogix aims to expand in Southern African countries by providing logistics services across their borders, with a medium-term aim of linking to and using more ports across the bloc, says OneLogix CEO Ian Lourens. The company...
Feb 26, 2014
Hubert Brody and Mark Lamberti
Despite what CEO Hubert Brody called “challenging trading conditions in South Africa and Europe”, Imperial on Wednesday reported a 8% jump in operating profit, to R3.16-billion, for the six months ended December 31. Compared with the same six months in the...
Feb 24, 2014
The VWSA Uitenhage plant
Volkswagen Group South Africa (VWSA) should this year see record production at its engine plant, in Uitenhage, in the Eastern Cape. VWSA MD David Powels says engine plant production reached 110 708 units in 2012, growing to 151 269 units in 2013. This year, he...
Feb 21, 2014
MADE IN SA The new Corolla has 50% local content
Toyota South Africa Motors (TSAM) has launched volume production of the new Corolla at its Durban plant. The new model is the eleventh generation of this best-selling car. TSAM invested R1-billion at its Durban plant, as well as in the development of its staff and...
Feb 21, 2014
The automotive industry is facing a fast-moving evolution, says Bronwyn Kilpatrick, who heads up the automotive sector at Deloitte. The concept of mobility is changing rapidly, and no longer necessarily means someone owns, or wants to own a vehicle.
Feb 21, 2014
The board of directors of Italian car maker Fiat has approved the formation of Fiat Chrysler Automobiles (FCA) as a fully integrated, unified global automaker. This follows Fiat’s acquisition in early January of the remaining equity interest in US vehicle...
Feb 21, 2014
New vehicle sales in South Africa decreased by 6.8% in January, to 53 025 units, compared with the same month last year – this according to statistics released by the Department of Trade and Industry. During January, 38 008 new passenger cars were sold – a 7%...
 
 
 
 
Feb 21, 2014
Feb 21, 2014
The current weak rand is expected to provide a boost to vehicle exports, especially from the second half of 2014, says Econometrix director and chief economist Dr Azar Jammine. He says the recuperating US and European economies mean that South Africa’s export...
Feb 20, 2014
Chris de Kock
The local new vehicle market will contract by around 0.6% in 2014 compared with last year, says WesBank CEO Chris de Kock. The new car market will most likely shrink 2% to 441 432 units, with bakkies and vans expected to grow 2%, to 172 618 units.
Feb 20, 2014
VWSA MD David Powels
There had been a clear buying-down trend in the South African new car market over the last four to five years, said Volkswagen Group South Africa (VWSA) MD David Powels on Thursday. South Africans bought smaller, more affordable cars in 2013, and the trend was set to...
Feb 19, 2014
Lubricant company Castrol will provide lubricants, brake and hydraulic fluids for use in the Bloodhound supersonic car (SSC). The 1 600 km/h car, which will attempt to break the land-speed record in 2015 through to 2016, is being constructed in Bristol, in the UK.
Feb 19, 2014
The sharp devaluation of the rand against major currencies will provide only short-term benefits to component exporters, warns National Association of Automotive Component and Allied Manufacturers (Naacam) executive director Robert Houdet. “The weak rand will...
Feb 18, 2014
The new C-Class
The new made-in-South Africa C-Class would be exported to more than 80 countries, including the UK, said Mercedes-Benz South Africa (MBSA) production VP and CEO designate Arno van der Merwe on Tuesday. Speaking in Ekurhuleni, he noted that South Africa was currently...
Feb 14, 2014
Following a massive 25.9% drop in new-vehicle sales in 2009, compared with 2008, on the back of a global recession, the local market strengthened 24.7% in 2010, 16.1% in 2011 and 9% in 2012. Last year, growth slowed to 3.2%, to 650 620 units.
Feb 11, 2014
MSA CEO Ashok Thakur
Mahindra South Africa (MSA) in 2013 experienced its best sales year ever since it opened its doors ten years ago, the company said on Tuesday. The local arm of the Indian conglomerate sold 4 056 new vehicles in 2013, up 4% on the 3 895 units sold in 2012.
Feb 10, 2014
The new Corolla
The South African new vehicle market may well dip to 640 000 units in 2014, says Toyota South Africa Motors (TSAM) sales and marketing senior VP Calvyn Hamman. This is the first prediction that anticipates a drop in the market. To date economists and industry bodies...
 
 
 
 
Feb 07, 2014
NEW LOOK The new C-Class is set for introduction onto the South African market in June
Production of the new C-Class has started at Mercedes-Benz South Africa’s (MBSA’s) East London plant, and will slowly ramp up to full capacity during the year. The new C-Class was unveiled at the North American International Auto Show, held in Detroit, earlier...
Feb 07, 2014
Renault South Africa (SA) has a new MD. Son of former Imperial Holdings CEO Bill Lynch, Niall Lynch, will take over the reins at the French brand, with current CEO Susumu Uchikoshi to take up a senior position at Nissan – Renault’s alliance partner – as the...
Feb 05, 2014
Jeff Nemeth
Associated Motor Holdings (AMH) and Amalgamated Automobile Distributors (AAD) acted as a “big drag” on new vehicle sales in January, while members of the National Association of Automobile Manufacturers of South Africa (Naamsa) held steady, says Econometrix...
Feb 05, 2014
As of midnight, when the fuel price increased to record highs, consumers will have to spend 36.5% of their monthly mobility budget on fuel, and 38.6% on vehicle instalments – this according to WesBank’s February Monthly Mobility Calculator. The calculator takes...
Feb 04, 2014
The new Corolla
Toyota South Africa Motors (TSAM) on Tuesday launched volume production of the new Corolla at its Durban plant. The new model is the eleventh generation of this best-selling car. TSAM invested R1-billion at its Durban plant, as well as in the development of its staff...
Feb 04, 2014
The current weak rand was expected to provide a boost to vehicle exports, especially from the second half of 2014, said Econometrix director and chief economist Dr Azar Jammine on Tuesday. Speaking at a Ford Motor Company of Southern Africa media briefing in...
Feb 03, 2014
Article contains comments
The Ford Figo
The top three countries from which South Africa imported vehicles in 2013 were India, at number one, with 97 167 vehicles, with South Korea second, at 62 058 units, and Germany third, at 56 997 units, said Standard Bank vehicle and asset finance head Sydney Soundy on...
Feb 03, 2014
Polo Vivo
New vehicle sales in South Africa decreased by 6.8% in January, to 53 025 units, compared with the same month last year, reported the Department of Trade and Industry on Monday. During January, 38 008 new passenger cars were sold – a 7% drop compared with the same...
Jan 31, 2014
South Africans love money-cars. The more-expensive, upper-end-of-the-market premium cars. In South Africa the premium market makes up 13% of the total new vehicle market, while the global figure is 11%. Should the country follow the global trend, the local premium...
Jan 30, 2014
The board of directors of Italian car maker Fiat has approved the formation of Fiat Chrysler Automobiles (FCA) as a fully integrated, unified global automaker. This follows Fiat’s acquisition in early January of the remaining equity interest in US vehicle...
 
 
 
 
Jan 29, 2014
The automotive industry is facing a fast-moving evolution, says Bronwyn Kilpatrick, who heads up the automotive sector at Deloitte. The concept of mobility is changing rapidly, and no longer necessarily means someone owns, or wants to own a vehicle.
Jan 24, 2014
Mercedes-Benz South Africa (MBSA) will, in March, welcome its first South Africa-born CEO since the company became a wholly-owned subsidiary of Daimler. Arno van der Merwe will take over the reins at the local arm of the German auto giant when current CEO Dr Martin...
Jan 24, 2014
US technology consultant Doug Newcomb is confident the cars we drive now will change completely over the next 25 years – and he is not referring to the continued push in drivetrain technology that wants to replace the internal combustion engine with batteries or...
Jan 24, 2014
STRONG MOKKA? The Opel Mokka is a small sports utility vehicle and will compete in the local market with the likes of the Nissan Juke
There is a “realistic opportunity” to double Opel sales in South Africa in the short term, says General Motors South Africa (GMSA) operations VP Ian Nicholls. GMSA will sell around 2 915 Opels in South Africa in 2013.
Jan 24, 2014
The rapid growth in imported tyres is becoming an increasing concern to local producers, says Continental Tyre South Africa (CTSA) MD and South African Tyre Manufacturers Conference (SATMC) chairperson Dieter Horni. “Chinese exports to South Africa are growing and...
 
 
 
 
 
 
 
 
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