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Automotive News

Ford engages the mining sector on the road to more EVs

By: Kim Cloete     5th February 2019 Ford is quickening its pace towards the mass production of electric vehicles (EVs) and researching how the mining industry can help it to achieve its goals. “There are tremendous investments taking place at every level to achieve this radical revolution in the automotive industry,” Ford energy... 

New investor for Cape Town Cobra maker; electric car on the table

By: Irma Venter     4th February 2019 Les Hayden’s Cobra replica assembly line in Cape Town is up and running again, following a change in ownership.   Automotive Investment Holdings (AIH) in 2017 initiated a project to modernise the Hayden Cobra, but sold its interest in the venture after a decision to return to its core business of... 

New investor for Cape Town Cobra maker; electric car on the table
The Hayden Cobra

Hudaco maintains FY18 dividend despite economic headwinds

By: Marleny Arnoldi     1st February 2019 JSE-listed engineering consumables supplier Hudaco Industries maintained its final dividend for 2018 at 380c apiece, despite having experienced an “especially challenging” year. The company reported a 3% year-on-year decrease in operating profit to R655-million.  

Hudaco maintains FY18 dividend despite economic headwinds
Photo by Dylan Slater
Hudaco CFO Clifford Amoils and Hudaco CE Graham Dunford

2019 kicks off with 7.4% decline in new-vehicle sales 

By: Irma Venter     1st February 2019 New-vehicle sales in the domestic market declined by 7.4% in the first month of the year, to 42 374 units, compared with January last year. Sales numbers released by the Department of Trade and Industry on Friday showed that January new-passenger car sales dropped by 10.8%, to 29 040 units. 

2019 kicks off with 7.4% decline in new-vehicle sales

‘Scale’ matters in South Africa’s logistics game

1st February 2019 Scale matters to competitive advantage and doing more with less through technology, consolidation and networking enables South Africa-based and -managed freight solutions provider Bidvest Panalpina Logistics’ (BPL’s) larger service offering at a lower unit cost. The concept of scale – the average... 

New-look APDP could change face of the local auto industry, says Naacam

By: Irma Venter     1st February 2019 Cabinet in November approved a new automotive support programme for the domestic automotive industry. The revised Automotive Production and Development Programme (APDP) will replace the current APDP in 2021, and will run to 2035. National Association of Automotive Component and Allied... 

New-look APDP could change face of the local auto industry, says Naacam

Hino SA expects truck market to remain flat, aims to set up dedicated EHCV dept

By: Irma Venter     30th January 2019 The South African new-truck market grew by 4.6%, to 27 492 units, in 2018 compared with 2017, says Hino South Africa (SA) VP Ernie Trautmann. Within this market, medium commercial vehicle (MCV) sales increased by 0.3%, to 7 913 units, with heavy commercial vehicle (HCV) sales expanding by 1.7%,... 

 Hino SA expects truck market to remain flat, aims to set up dedicated EHCV dept

Ghosn blames arrest on 'plot and treason' by Nissan executives

By: Bloomberg     30th January 2019 Fallen auto titan Carlos Ghosn said his arrest for alleged financial crimes was the result of a “plot” against him by Nissan Motor Co. executives trying to prevent the Japanese carmaker’s deeper integration with Renault SA. There was a plan to combine Nissan with Renault and third partner... 

Automotive sector to prioritise local, specialised component manufacturing 

By: Marleny Arnoldi     29th January 2019 Vehicle manufacturer Toyota South Africa (Toyota SA) on Tuesday pointed to localisation and specialised component manufacturing as the top priorities in the five-year Automotive Sector Business Plan. Toyota SA president and CEO Andrew Kirby presented the plan on behalf of the automotive sector at... 

Automotive sector to prioritise local, specialised component manufacturing
Toyota SA president and CEO Andrew Kirby addresses the Business Economic Indaba. Video and editing: Nicholas Boyd.

Volkswagen signs agreement with Ethiopia to develop auto industry

By: Irma Venter     29th January 2019 Volkswagen has signed a memorandum of understanding (MoU) with the government of Ethiopia to deliver a joint vision for the development of an automotive industry in the East African country. The MoU was signed by Volkswagen sub-Saharan Africa region head Thomas Schaefer and Ethiopian Investment... 

Volkswagen signs agreement with Ethiopia to develop auto industry
Thomas Schaefer signs the memorandum of understanding with Abebe Abebayehu. With them are German federal republic president Frank-Walter Steinmeier and Ethiopian minister for finance and economic cooperation Ahmed Shide

WesBank expects 1.5% dip in new-car sales, heavy truck market to drop by 4.4%  

By: Irma Venter     28th January 2019 A slump in the global economy, as well as a local economy offering “little in the way of economic stimulation”,  should result in a 1% decline in new-vehicle sales in South Africa in 2019, says vehicle finance group WesBank. “It is quite comforting to know that we were very close with our 2018... 

 WesBank expects 1.5% dip in new-car sales, heavy truck market to drop by 4.4%

Nissan is said to face SEC probe in US over executive pay

By: Bloomberg     28th January 2019 The Securities and Exchange Commission is investigating whether Nissan Motor Company accurately disclosed its executive pay in the US, according to several people familiar with the matter, compounding the carmaker’s woes as it grapples with the aftermath of former chairman Carlos Ghosn’s arrest.... 

VW to manufacture mobile electric car recharging stations

By: Reuters     25th January 2019 Volkswagen will manufacture electric car batteries and charging stations in its home region in Germany, as it prepares to mass produce electric vehicles and overhaul its components division, which makes engines and steering parts. Volkswagen (VW) said on Friday it would invest €870-million by... 

Renault-Nissan alliance gets a reboot as combatants step back

By: Bloomberg     25th January 2019 The strained two-decade marriage of Renault and Nissan Motor is about to get a fresh start. Within hours, the two main antagonists in the crisis that’s paralyzed the world’s biggest automotive alliance have said they’re leaving the stage. Carlos Ghosn, 64, resigned as chairman and chief executive... 

Acquisition of German company confirmed

25th January 2019 The acquisition of Germany-based planetary drives producer O&K Antriebstechnik GmbH by Italian gear motors, drive systems and planetary gearboxes producer Bonfiglioli and Italian transmission systems producer Carraro has made Bonfiglioli the sole owner of O&K Antriebstechnik GmbH. The process,... 

Acquisition of German company confirmed
BONFIGLIOLI AS GLOBAL LEADER The company's goal is to continue expanding into heavy construction, mining machinery, marine, port and airport equipment markets

Ongoing tech investment seen as driver of future tourism growth

By: Schalk Burger     25th January 2019 South Africa must continue to invest in travel technologies and Internet of Things technologies to tap the potential of tourism amid changing expectations of travel and modes of transport, says digital security multinational Gemalto Commonwealth of Independent States, Middle East and Africa... 

Ongoing tech investment seen as driver of future tourism growth
SHERRY ZAMEER Tourism can contribute 600 000 jobs over the next decade

Ghosn could walk away with millions from Renault after quitting

By: Bloomberg     24th January 2019 Carlos Ghosn, who has quit as chairman and chief executive officer of Renault SA, may walk away from the carmaker with millions – even as he sits in a Tokyo prison charged with financial crimes. Renault’s board and Ghosn signed a two-year non-compete agreement in 2015 that would kick in whenever... 

Electric car growth rate to cool in 2019, says report

By: Irma Venter     23rd January 2019 Bloomberg New Energy Finance (BNEF) expects the electric passenger car sales growth rate to cool in 2019. In its ‘Transition in Energy, Transport – 10 Predictions for 2019’ report, BNEF says there are now almost five-million passenger electric vehicles (EVs) on the road globally. 

Electric car growth rate to cool in 2019, says report

Ghosn denied bail yet again with trial still months away

By: Bloomberg     22nd January 2019 Carlos Ghosn’s bail application was rejected again, even after the fallen car titan offered to wear an electronic tracker and be monitored by guards to end his custody that has now lasted more than two months. The latest rejection by a Tokyo court is a win for the prosecutors, who can now keep... 

Mahindra breaks through 5 000-unit barrier in 2018

By: Irma Venter     21st January 2019 Mahindra South Africa has recorded its best year ever in 2018, when the company sold 5 486 new vehicles in the domestic market. “Breaking through the 5 000 barrier in 2018 culminated in a very busy year for Mahindra,” says Mahindra South Africa CEO Rajesh Gupta. 

Mahindra breaks through 5 000-unit barrier in 2018
The KUV100

South African-built Hilux wins Dakar 2019

By: Irma Venter     18th January 2019 A South African-built bakkie has clinched the 2019 Dakar rally. Driven by Qatari driver Nasser Al Attiyah and French co-driver Mathieu Baumel, the Toyota Gazoo Racing South Africa’s (SA’s) Hilux powered to the checkered flag on Thursday, nearly 47 minutes clear of second-place Nani Roma and Alex... 

South African-built Hilux wins Dakar 2019
Mathieu Baumel, Glyn Hall and Nasser Al Attiyah

Roadshow highlights motion control products to industry

By: Halima Frost     18th January 2019 Electrical solutions provider Magnet Group hosted a roadshow with about five of power management company Eaton’s technicians in October to highlight Eaton’s DILM range of contractors, circuit breakers and overload relays to Magnet clients and end-users. The roadshow, which visited the Durban,... 

Roadshow highlights motion  control products to industry
ON SHOW The DILM Range was highlighted at the recent roadshows held by Magnet

Ghosn ouster from Renault nears as France abandons car titan

By: Bloomberg     17th January 2019 France is turning on Carlos Ghosn almost two months after his arrest in Tokyo, eliminating one of the executive’s last potential allies within the global auto alliance he has held together for almost two decades. The French government has called for Ghosn’s dismissal as chairman and chief... 

Renault board is said ready to oust Ghosn as chairperson, CEO

By: Bloomberg     16th January 2019 Renault SA is preparing to replace jailed chairperson and CEO Carlos Ghosn after his failed bid for bail in Japan signaled he may remain in detention for months, people familiar with the matter said. Some Renault board members have concluded that a decision is needed fast, after reports that... 

Ford, IBM among quartet in Congo cobalt blockchain project

By: Reuters     16th January 2019 Carmaker Ford, technology giant IBM, South Korean cathode maker LG Chem and China's Huayou Cobalt have joined forces in the first blockchain project to monitor cobalt supplies from Democratic Republic of Congo. The pilot, overseen by responsible-sourcing group RCS Global, aims to help... 

Ctrack launches small tracking devices for use on containers, packages, bikes

By: Irma Venter     15th January 2019 Vehicle tracking and telematics provider, Ctrack, has launched its BX500 and BX600 range of wireless, ultra-compact GPS tracking devices. The company says these devices are ideal for use in cars, trucks and motorbikes, such as delivery bikes, quads, golf carts, delivery vans and generators. 

Ctrack launches small tracking devices for use on containers, packages, bikes

Ghosn faces months in jail as another bid for bail is rejected

By: Bloomberg     15th January 2019 Carlos Ghosn’s latest bid to be released on bail was rejected by a Tokyo court, leaving the fallen car titan behind bars for at least another two months as prosecutors continue to build their case against him for financial crimes. Ghosn’s lawyers had submitted the bail application last week after... 

Electric cars seen getting cleaner even where grids rely on coal

By: Bloomberg     15th January 2019 Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal. That’s the conclusion of research by BloombergNEF, which found carbon dioxide emissions from battery-powered vehicles were about 40% lower than for... 

Global auto leaders urge Trump administration to end trade turmoil

By: Reuters     15th January 2019 Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty is costing the industry. US trade officials are negotiating a new deal with China in hopes of avoiding new... 

Congo poll leaves uncertainty for miners at heart of EV revolution

By: Reuters     14th January 2019 The surprise outcome of Congo's election - a vote meant to bring closure to years of turmoil under President Joseph Kabila – has done little to ease uncertainty for miners and investors in a country crucial to the electric vehicle revolution. Democratic Republic of Congo is the world's leading... 

Congo poll leaves uncertainty for miners at heart of EV revolution

Ghosn's fresh indictment pulls him deeper into legal quagmire

By: Bloomberg     11th January 2019 Carlos Ghosn’s chances of getting out of jail anytime soon took a serious blow on Friday after he was indicted for a second time by Japanese prosecutors building their case against the fallen car executive, who was detained almost two months ago. The ousted Nissan Motor Co. chairman was indicted... 

Mazda develops world’s first cold-stamped parts using 1 310 MPa-class steel

By: Irma Venter     10th January 2019 Mazda Motor Corporation, working separately with Nippon Steel & Sumitomo Metal Corporation and JFE Steel Corporation, has developed the world’s first cold-stamped vehicle body parts made from 1 310 MPa-class high-strength steel. The parts are used in Mazda’s new-generation Skyactiv vehicle... 

 Mazda develops world’s first cold-stamped parts using 1 310 MPa-class steel

Hilux sales top 40 000 units, Suzuki, Bentley fly, Merc takes a knock 

By: Irma Venter     9th January 2019 The Toyota Hilux is yet again South Africa’s favourite vehicle, selling a whopping 40 018 units in 2018. This is up 10% on 2017 sales, at 36 422 units. 

Hilux sales top 40 000 units, Suzuki, Bentley fly, Merc takes a knock

New-vehicle sales decline by 1% in 2018, exports at record high 

By: Irma Venter     8th January 2019 South African new-vehicle sales yet again retreated into negative territory in 2018, declining by 1%, to 552 190 units, down from the 557 703 units sold in 2017. The new-vehicle market in 2017 lifted its head by 1.9%, after spending the previous three years in the red. 

New-vehicle sales decline by 1% in 2018, exports at record high

Ghosn says he's innocent in first appearance since arrest

By: Bloomberg     8th January 2019 Carlos Ghosn rejected prosecutor claims of financial wrongdoing in the car titan’s first public comments since his shock arrest in Japan almost two months ago. “I have been wrongly accused and unfairly detained based on meritless and unsubstantiated accusations,” the former chairperson of Nissan... 

Daimler offers self-driving big rigs as Tesla plots truck debut

By: Bloomberg     8th January 2019 Daimler will start selling a heavy-duty truck in the U.S. this year that’sle to brake, accelerate and steer at all speeds on its own. This will coincide with the planned launch of electric-car leader Tesla’s Semi truck, which will stoke competition at a time when demand in North America is... 

Bloodhound record attempt back on track as new funder steps in 

By: Irma Venter     7th January 2019 The Bloodhound project to set a new world land-speed record is back on track. The Bloodhound Programme, the UK company behind the Bloodhound project, announced last year that it had been facing financial difficulties and that it had been put under administration. 

Bloodhound record attempt back on track as new funder steps in

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