http://www.engineeringnews.co.za
R/€ = 16.21 Change: 0.18
R/$ = 14.56 Change: 0.21
Au 1341.39 $/oz Change: 5.49
Pt 1058.00 $/oz Change: 6.00
 

Topic

Performance brands resilient amid weak vehicle market

By: Irma Venter     1st July 2016 The South African new-passenger car market has revealed some interesting peculiarities in the first five months of the year. Sales from January to May show the measure by which smaller brands are suffering the effect of the weak rand, while it also indicates the resilience of some of the... 

Weak market hammers small brands, sees Porsche outsell Subaru, Fiat

By: Irma Venter     14th June 2016 The South African new-passenger car market has revealed some interesting peculiarities in the first five months of the year. Sales from January to May show the measure by which smaller brands are suffering the effect of the weak rand, while it also indicates the resilience of some of the... 

WesBank expects 12% fall in new-vehicle sales this year

By: Irma Venter     1st April 2016 Vehicle finance house WesBank expects new-vehicle sales to decline by 12%, or around 34 000 units, this year, says CEO Chris de Kock. Compared with sales of 617 691 units in 2015, 2016 will end the year at 543 306 units, he predicts. 

Anticipating junk status, WesBank sees new-vehicle sales drop 12% in 2016

By: Irma Venter     9th March 2016 Vehicle finance house WesBank expected new-vehicle sales to decline by 12%, or around 34 000 units, this year, said CEO Chris de Kock on Tuesday at the WesBank Car of the Year banquet. Compared with sales of 617 691 units in 2015, 2016 would end the year at 543 306 units, he predicted. 

Used-car market rises while new-car sales decline

     19th February 2016 Sales data released by South African automotive industry information provider the National Association of Automobile Manufacturers of South Africa (Naamsa), has noted that while new-vehicle sales have declined by 6.9% since January 2015, data from vehicle finance and insurance provider Wesbank... 

Pick-up war set to intensify as more European brands enter the fray

By: Irma Venter     15th January 2016 In 2015, one-ton bakkie buyers in South Africa could select their wheels from a handful of brands, mostly Japanese. Think Toyota Hilux, Mitsubishi Triton, Isuzu KB, Mazda BT-50 and Nissan NP300. In the next four years, however, another six pick-ups may be added to the list, with the European... 

Pick-up war set to intensify as more European brands enter the fray

By: Irma Venter     15th January 2016 In 2015, one-ton bakkie buyers in South Africa could select their wheels from a handful of brands, mostly Japanese. Think Toyota Hilux, Mitsubishi Triton, Isuzu KB, Mazda BT-50 and Nissan NP300. In the next four years, however, another six pickups may be added to the list, with the European... 

New-vehicle sales remain under pressure

By: Irma Venter     13th November 2015 New-vehicle sales in October declined by 8.6%, to 54 244 units, compared with the same month last year, continuing the downwards trend evident in the last number of months. New-vehicle sales had dropped by 9% in September, 8.2% in August, 6.1% in July and 4.8% in June. 

New-vehicle sales continue decline, exports also slip

By: Irma Venter     2nd November 2015 New-vehicle sales in October declined by 8.6%, to 54 244 units, compared with the same month last year, continuing the downwards trend evident in the last number of months. New-vehicle sales had dropped by 9% in September, 8.2% in August, 6.1% in July and 4.8% in June. 

More car price increases on cards as rand weakness bites

By: Irma Venter     30th October 2015 South African consumers should brace themselves for another round of new-car price increases, says Associated Motor Holdings (AMH) CEO Manny de Canha. AMH imports brands such as Kia, Tata and Hyundai. 

Tata passenger car sales in SA expected to double as the Bolt joins line-up

By: Irma Venter     30th October 2015 Accordian Investments sold 2 500 Tata passenger cars and bakkies in the South African market last year, with around 1 800 of these bakkies, says CEO Kyri Michael. Accordion Investments is 60% owned by Imperial’s Associated Motor Holdings and 40% by Tata Africa. 

Passenger car comeback to start with new Bolt, says Tata SA

By: Irma Venter     15th October 2015 Accordian Investments sold 2 500 Tata passenger cars and bakkies in the South African market last year, with around 1 800 of these bakkies, says CEO Kyri Michael. Accordion Investments is 60% owned by Imperial’s Associated Motor Holdings and 40% by Tata Africa. 

More car-price pain on its way, warns AMH boss

By: Irma Venter     8th October 2015 South African consumers should brace themselves for another round of new-car price increases, says Associated Motor Holdings (AMH) CEO Manny de Canha. AMH imports brands such as Kia, Tata and Hyundai. 

New-vehicle sales continued downward spiral in August

By: Irma Venter     18th September 2015 New-vehicle sales continued their downward spiral in August, dropping by 8.2%, to 51 055 units, compared with the same month last year. New-vehicle sales in the domestic market declined by 6.1% in July and 4.8% in June. 

Drop-off in new-vehicle sales accelerates in August

By: Irma Venter     1st September 2015 New-vehicle sales in August dropped by 8.2%, to 51 055 units, compared with the same month last year. New-vehicle sales in the domestic market declined by 6.1% in July and 4.8% in June. 

Positive vehicle-export trend offers one bright spot in dim sales picture

By: Irma Venter     14th August 2015 New-vehicle sales in July declined by 6.1%, to 54 112 units, compared with the same month last year. Sales numbers released by the Department of Trade and Industry, show that new passenger car sales plummeted by 8.8% in June, to 36 506 units. 

New-vehicle sales drop by 6.1% in July, pressure to remain, says Naamsa

By: Irma Venter     3rd August 2015 New-vehicle sales in July declined by 6.1%, to 54 112 units, compared with the same month last year. Sales numbers released by the Department of Trade and Industry on Monday, showed that new passenger car sales plummeted by 8.8% in June, to 36 506 units. 

New-vehicle sales continued downward trend in May

By: Irma Venter     19th June 2015 New-vehicle sales continued their downward trend in May, declining by 3.2%, to 47 868 units, compared with the same month last year. Sales numbers released by the Department of Trade and Industry show that new passenger car sales dropped by 5.4% in May, to 31 201 units. 

Exports only positive in dismal new vehicle sales month

By: Irma Venter     4th May 2015 A slew of public holidays in April took their toll on domestic new-vehicle sales, which, at 44 503 units, were down 1 523 units compared with the same month last year. Statistics released by the Department of Trade and Industry on Monday showed that new passenger car sales declined by 1.9% in... 

Passenger car sales seen hitting a ‘ceiling’, as commercial sales rise

By: Irma Venter     10th April 2015 Vehicle and asset finance group WesBank believes 2015 new vehicle sales will grow by 0.87%, to 650 031 units, compared with 2014, says motor division executive head Simphiwe Nghona. Passenger car sales are expected to remain flat, at 0%, in 2015, with the sales of new bakkies and minibuses... 

Bakkie, truck sales soar in March, appetite for cars dims

By: Irma Venter     1st April 2015 Domestic new vehicle sales in March, at 55 449 units, inched up a mere nine units compared with the same month last year. Statistics released by the Department of Trade and Industry on Wednesday showed that new passenger car sales declined by 3% in March, to 35 548 units. 

WesBank sees 2015 market up 0.87%, trucks up 1.1%

By: Irma Venter     25th March 2015 Vehicle and asset finance group WesBank believes 2015 new vehicle sales will grow by 0.87%, to 650 031 units, compared with 2014, says motor division executive head Simphiwe Nghona. Passenger car sales are expected to remain flat, at 0%, in 2015, with the sales of new bakkies and minibuses... 

Rental market helps lift car sales in February

By: Irma Venter     13th March 2015 Domestic new vehicle sales in February increased by 1.1%, to 52 368 units, compared with the same month last year. Statistics released by the Department of Trade and Industry show that new passenger car sales grew by 1.5% in February, to 34 909 units. 

February new vehicle sales inch up 1.1%, exports jump 35.6%

By: Irma Venter     2nd March 2015 Domestic new vehicle sales in February increased by 1.1%, to 52 368 units, compared with the same month last year. Statistics released by the Department of Trade and Industry on Monday show that new passenger car sales grew by 1.5% in February, to 34 909 units. 

Vehicle exports rose strongly in November

By: Irma Venter     12th December 2014 November new vehicle sales ticked up 0.9%, to 51 098 units, compared with the same month last year. New vehicle export sales, at 28 021 units, were much stronger, gaining 9.9% compared with November last year. 

Local Suzuki sales reach all-time high

     5th December 2014 While sales of new vehicles in South Africa appeared to be slowing down, demand for Suzuki Auto South Africa's range of passenger cars continued to accelerate. The brand's share of the overall passenger car market was at its highest level since December 2009, and its year-on-year growth was the... 

WesBank adjusts forecast, 4.4% sales decline expected for 2014

By: Irma Venter     7th October 2014 Vehicle and asset finance group WesBank on Tuesday said it expected domestic new vehicle sales to decline by 4.4% in 2014. The group originally forecast a 0.6% decline over 2013. 

Up 11.5%, September new vehicle sales surprise the market 

By: Irma Venter     1st October 2014 Following a slump in new vehicle sales in recent months, September surprised by delivering an 11.5% increase in sales compared with the same month last year. Data released on Wednesday showed that September new vehicle sales improved to 60 854 units, up from 54 571 units in 2013, with the rental... 

New-vehicle sales fell in Feb amid weak consumer confidence

By: Irma Venter     21st March 2014 Statistics released by the Department of Trade and Industry showed that February new vehicle sales dropped by 3.1%, to 51 814 units, compared with the same month last year. Passenger car sales declined 5.4%, to 34 414 units, while the sale of light commercial vehicles, at 14 879 units, ticked up... 

As new vehicle sales, exports decline, Standard Bank cautions consumers 

By: Irma Venter     3rd March 2014 As new vehicle sales, exports decline, Standard Bank cautions consumersStatistics released on Monday by the Department of Trade and Industry showed that February new vehicle sales dropped by 3.1%, to 51 814 units, compared with the same month last year. Passenger car sales declined 5.4%, to 34... 

Car sales growth could stall in 2014 as replacement cycle ends, Credit Act bites 

By: Irma Venter     14th February 2014 Is the end of the current sales growth cycle in sight for the South African motor industry? 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,... 

Car sales growth could stall in 2014 as replacement cycle ends, Credit Act bites

By: Irma Venter     14th February 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. 

SA auto sector facing 2014 headwinds, after weak 2013

By: Irma Venter     24th January 2014 Unaudited data released by the Department of Trade and Industry earlier this month shows that new vehicle sales in South Africa increased by 3.2%, to 650 620 units, in 2013 over 2012. This number signals the fourth year of consecutive growth for the local industry, following record sales of 714... 

New vehicle sales up by 3.2% in 2013, exports slip by 0.8%

By: Irma Venter     7th January 2014 Unaudited data released by the Department of Trade and Industry on Tuesday showed that new vehicle sales in South Africa increased by 3.2%, to 650 620 units, in 2013 over 2012. This number signalled the fourth year of consecutive growth for the local industry, following record sales of 714 315... 

South African auto industry in for slower new sales growth, economist warns

By: Irma Venter     7th June 2013 Over the next two to three years, the South African automotive industry will see slower growth in new vehicle sales than has been the case the last three years, says Econometrix director and chief economist Dr Azar Jammine. This comes on the back of a slowdown in consumer spending, brought about... 

Vehicle sales growth to slow, exchange rate in 'sweet spot' for manufacturers - Jammine

By: Irma Venter     15th May 2013 Over the next two to three years, the South African automotive industry will see slower growth in new vehicle sales than has been the case the last three years, says Econometrix director and chief economist Dr Azar Jammine. This comes on the back of a slowdown in consumer spending, brought about... 

MBSA hopes to resume full sales reporting this year after talks

By: Irma Venter     18th January 2013 Mercedes-Benz South Africa (MBSA) is “deeply engaged” with the National Association of Automobile Manufacturers of South Africa (Naamsa), as well as the Department of Trade and Industry (DTI), on events that led to MBSA halting its monthly reporting of model- and volume-specific sales to Naamsa... 

Vehicle sales up 7.3%, price jumps already visible in new-car market

By: Irma Venter     4th December 2012 New vehicle sales in November improved by 7.3%, to 53 134 units, compared with the same month last year, said the National Association of Automobile Manufacturers of South Africa (Naamsa) on Tuesday. Total domestic sales for the first eleven months of 2012 remained 9.8% ahead of the same period... 

First
Prev
1
2 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $149 Close