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Press Office - Metric Automotive Engineering - Reef Fuel

Metric Automotive Engineering - Reef Fuel

Reef Fuel Injection Services is a leading diesel service centre and is an authorised service agent to all five leading diesel fuel injection systems – Bosch, Caterpillar, Delphi, Denso and Stanadyne.

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SUVs push global new-car sales up by 2.4%, EV sales up 78%

By: Irma Venter     21st February 2018 The global new-car and light commercial vehicle (LCV) market grew by 2.4% in 2017, to 86.05-million units, compared with 2016, according to data released by UK automotive business intelligence group JATO Dynamics. “The automotive market performed well in 2017, with established economies... 

Glencore shoots lights out, mulls divi top-up, reaffirms South Africa

By: Martin Creamer     21st February 2018 Diversified mining and marketing company Glencore shot the lights out with a superlative set of 2017 results that coincided with a leap in its share price in Johannesburg, the reaffirmation of South Africa as an even more positive investment destination, and the mulling of a dividend "top up"... 

Volvo Trucks grows 6% in 2017, aims for another 5% in 2018

By: Irma Venter     20th February 2018 Volvo Trucks Southern Africa has increased Volvo truck sales by 6% in 2017, from 1 957 units in 2016, to 2 074 units in 2017. Volvo trucks secured a third sport in the South Africa heavy-duty commercial vehicle segment in 2017, the only segment in which it competes. 

Seifsa worried about potential impact of proposed US steel import tariff increases

By: Megan van Wyngaardt     20th February 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has warned that the difficulties facing the local steel industry would continue to worsen in the year ahead if the US Department of Commerce's recommendation for a tariff of at least 53% on all steel imports from 12... 

Commission recommends tribunal approve Southern Palace Group's Genrec buy

By: Simone Liedtke     19th February 2018 The Competition Commission has recommended to the Competition Tribunal that Southern Palace Group's (SPG's) proposed acquisition of steel fabrication and manufacturing business Genrec Engineering, from construction and engineering company Murray and Roberts, be approved without conditions. SPG,... 

Metair expands lithium-ion capabilities in Romania

By: Irma Venter     19th February 2018 Energy storage and automotive component specialist Metair has acquired 35% in Primemotors (Prime), in Romania, through its wholly owned subsidiary, Rombat, in an effort to accelerate its production of lithium-ion (li-ion) batteries for the growing European market. Metair recently launched a... 

Radial tyre portfolio available on the market

     16th February 2018 Technology company Continental is introducing two additional EM-Master E4/L4 radial tyre sizes to the market, the company indicated in an announcement last month. “This now completes our range of radial tyres for use on wheel loaders and dump trucks in particular for construction work and... 

Platinum market set for another surplus in 2018 – Johnson Matthey

By: Reuters     14th February 2018 The platinum market is set for another surplus this year after recording oversupply of 110 000 oz in 2017, Johnson Matthey said in a report on Wednesday, although its sister metal palladium is tipped to see another deficit. Platinum demand fell nearly 7% last year, with sharp falls seen in... 

Metair expects to report positive growth in FY17 headline

By: Anine Kilian     13th February 2018 JSE-listed Metair expects to report a 24.6% year-on-year increase in headline earnings a share for the year ended December 31, while earnings a share are likely to be between 21.6% and 25.5% higher year-on-year. “The automotive component vertical recovered after a difficult 2016, returning to... 

PFS outlines 'compelling case' for Pilgangoora expansion – Pilbara

By: Megan van Wyngaardt     13th February 2018 Australian lithium developer Pilbara Minerals has delivered a prefeasibility study (PFS) for its flagship 100%-owned Pilgangoora lithium/tantalum project, in Western Australia. The company reported on Tuesday that the PFS outlined a "compelling business case" for the expanding the project to... 

BMW close to ten-year supply deal for battery minerals – FAZ

By: Reuters     12th February 2018 BMW is close to signing a ten-year supply contract for lithium and cobalt, the company's procurement chief told Germany's Frankfurter Allgemeine Zeitung, amid an industry-wide scramble for raw materials needed for electric car batteries. "The aim is to secure the supply all the way down to the... 

Multistage line a first for South Africa, to reduce scrap rate in automotive industry

By: Jessica Oosthuizen     9th February 2018 Steel supplier and processing company Allied Steelrode will later this year test the prototype model of a custom-built, multistage slitting and blanking line. Once the full-scale line has been built and commissioned it will achieve average scrap rate reductions of between 5% and 25% and improve... 

Next-generation automated driving vehicle introduced

     9th February 2018 Research and development enterprise Toyota Research Institute (TRI) presented Platform 3.0, its next-generation automated driving research vehicle, at January’s Consumer Electronics Show (CES) in Las Vegas, US. The new platform is based on a Lexus LS 600h L and combines greater technological... 

VWSA passenger car market leader for seventh consecutive year

     9th February 2018 Automotive manufacturing company Volkswagen Group South Africa (VWSA) ended 2017 with 80 308 sales, giving it a total market share of 21.8%, with the Volkswagen brand achieving 18.9% share in a year in which it ran out of supply of its most successful models. Since the introduction of the Polo... 

Hyundai and Cisco collaboration to disrupt automotive industry

     9th February 2018 Automotive manufacturer Hyundai Motor Company and technology conglomerate Cisco Systems have revealed a new technology roadmap that will enable next-generation in-vehicle networking with security. Additionally, the companies have shared their timelines for commercial deployment of... 

High-performance diesel engine oil launched

     9th February 2018 Earlier this month, lubricant and grease manufacturer Blue Chip Lubricants launched a super high-performance diesel engine oil called Q8 Formula Truck 7000 15W-40.  

Supplier adds food-grade range to lubricant offering

By: Marleny Arnoldi     9th February 2018 Engineering consumables and components distributor BMG will start supplying a National Sanitation Foundation International-certified H1 food-grade range of lubricants from the third quarter this year to the food and beverage industry.  

Lubricants manufacturer opens analytical centre

By: Marleny Arnoldi     9th February 2018 Leading automotive and industrial products manufacturer G.U.D Holdings’ subsidiary, Indy Oil, has opened its analytical centre at its blending plant in Pietermaritzburg, KwaZulu-Natal.  

Portuguese association says MoU with South African tooling bodies beneficial to both countries

By: Zandile Mavuso     9th February 2018 With an 85% export rate in the past year from its member companies in Portugal, Portuguese mouldmaking association Cefamol secretary-general Manuel Oliveira says the recent memorandum of understanding (MoU) it signed with South Africa’s National Toolmaking Initiative Programme (NTIP) and Tooling... 

New Polo, Polo Vivo production starts at Uitenhage in wake of R6.1bn investment

By: Irma Venter     9th February 2018 German carmaker Volkswagen in 2015 took a multibillion-rand decision to invest in new Polo and Polo Vivo production in South Africa. However, it is “unlikely” that the group would have come to the same positive conclusion in 2017, says Volkswagen Group South Africa (VWSA) MD and chairperson... 

Auto masterplan to be tabled in Cabinet next month

By: Irma Venter     9th February 2018 Government’s new automotive industry support scheme will be presented to Cabinet in March, says Trade and Industry Deputy Minister Bulelani Magwanishe. However, he tells Engineering News that it “must not be assumed that Cabinet will endorse it immediately. Once they endorse it, we will proceed.” 

SEW-EURODRIVE South Africa to have a major presence at bauma CONEXPO Africa 2018

     8th February 2018 From the new ECDriveS® 24 V drive system for light-load conveyor technology, to its latest DRN series of IE3-compliant motors, and the customised LTP-B Eco Drive for pump and fan control in a range of niche sectors from HVAC to underground mining, SEW-EURODRIVE South Africa will have a major... 

TPT boosts PE port handling volumes, rail use

By: Schalk Burger     6th February 2018 Transnet Port Terminals (TPT) achieved higher than forecast automotive and container handling volumes at the Port Elizabeth port in December, which it attributes to greater demand from local and international markets, along with automotive investments made in the region, TPT Eastern Cape GM Siya... 

Palladium rally may mean auto catalytic converter price hikes coming

By: Reuters     5th February 2018 With the price of palladium spiking to a record high last month, the effects could be felt in the automotive industry as manufacturers of catalytic converters consider raising their prices and may change the mix of metals in their products. Increased automotive industry demand and a supply... 

Albeit modest, metals sector poised for second consecutive year of growth 

By: Terence Creamer     2nd February 2018 South Africa’s metals and engineering sector is poised for a second consecutive year of modest growth, with the Steel and Engineering Federation of Southern Africa (Seifsa) forecasting a 1.1% expansion for 2018. The sector grew by 2.7% in 2017, breaking a streak of three consecutive years of... 

BMW SA opens R73m training centre at Rosslyn plant

By: Irma Venter     2nd February 2018 BMW Group South Africa (BMW SA) on Friday cut the ribbon on a new, R73-million training academy at its Rosslyn plant, in Pretoria. The 6 000 m2 facility can host 300 apprentices a year. 

R3.5bn empowerment venture fund to be launched in auto sector this year

By: Irma Venter     2nd February 2018 South Africa’s seven light vehicle manufacturers plan to launch a R3.5-billion venture fund this year, aimed at boosting black economic empowerment in the domestic automotive manufacturing industry. The seven manufacturers are BMW, Ford, Toyota, Mercedes-Benz, Isuzu, Nissan and Volkswagen. They... 

Digitisation gives valuable operational insight for logistics companies

By: Donald Makhafola     2nd February 2018 The advent and adoption of digitisation, fuelled by developments in the Internet of Things (IoT), analytics and smart factory technology, gives organisations insight into their cost of production, variances, output capacity, warehousing capability and requirements. International... 

Showcase of SA's manufacturing prowess to debut in 2019

By: Dylan Slater     2nd February 2018 To showcase the best South Africa has to offer in terms of local manufacturing and South African-produced capital equipment, capital equipment manufactures lobby group the South African Capital Equipment Exporters Council (Saceec) has partnered with exhibition organisers Specialised Exhibitions... 

Assembly plant included in VW’s roll-out of mobility solutions to Rwanda

By: Irma Venter     2nd February 2018 German car maker Volkswagen has established Volkswagen Mobility Solutions Rwanda (VMSR), an integrated automotive mobility solutions company that is to be run under the auspices of Volkswagen Group South Africa (VWSA). VWSA is responsible for the sub-Saharan African region within the Volkswagen... 

Automotive investment projects, South Africa

By: Sheila Barradas     2nd February 2018 VWSA launched its new Polo and showcased the R6.1-billion investment in its plant and new products on January 28. 

BBD’s ‘sisters of steel’ win at the South African Premier Business Awards

     1st February 2018 On the 30th January 2018, at a gala event, the South African Premier Business Award winners were announced. The event was hosted by the Department of Trade and Industry (dti), in partnership with Proudly South African and Brand South Africa. Rosslyn-based company BBD Steel Supplies are very proud... 

BBD’s ‘sisters of steel’ win at the South African Premier Business Awards

     31st January 2018 On the 30th January 2018, at a gala event, the South African Premier Business Award winners were announced. The event was hosted by the Department of Trade and Industry (dti), in partnership with Proudly South African and Brand South Africa. Rosslyn-based company BBD Steel Supplies are very proud... 

Clean TeQ teams up with Chinalco, Chinese varsity on scandium alloy development

By: Creamer Media Reporter      31st January 2018 ASX- and TSX-listed Clean TeQ Holdings, which Robert Friedland and Jiang Zhaobai co-chair, has entered into an agreement with Chinaclo Materials Application Research Institute (CMARI) and Chongqing University, China, for the development and adoption of scandium alloys in the global transport... 

Creamer Media wows market with combined subscription offer

By: Creamer Media Reporter      30th January 2018 Creamer Media’s Research Channel Africa is a powerful information tool, providing real-time intelligence on industry and mining developments in Africa. Publishing Editor, Martin Creamer urges readers to “make a smart choice for 2018 and take up Creamer Media’s combined subscription offer”.  This... 

Haval Motors stages revival, mulls local assembly, African expansion

By: Irma Venter     30th January 2018 Haval Motors South Africa (HMSA) seems to have tapped into South Africa’s love of sports-utility vehicles (SUVs), with the Chinese brand on the comeback trail following a shake-up in ownership. Great Wall Motors South Africa (GWM SA) was launched as an independent importer in 2007. GWM in China... 

Unitrans, Action Ford deal gets competition authority thumbs up

By: Megan van Wyngaardt     29th January 2018 The Competition Tribunal has conditionally approved a merger whereby Unitrans Automotive, wholly-owned by Steinhoff International Holdings, acquires Action Ford's vehicle dealership business. The merging parties have given an undertaking that there will be no retrenchments for a period of two... 

New auto support scheme to be presented to Cabinet in March

By: Irma Venter     29th January 2018 Government’s new automotive industry support scheme will be presented to Cabinet in March, says Trade and Industry Deputy Minister Bulelani Magwanishe. However, he tells Engineering News Online that it “must not be assumed that Cabinet will endorse it immediately. Once they endorse it, we will... 

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