R/€ = 16.29 Change: -0.04
R/$ = 14.55 Change: -0.02
Au 1342.30 $/oz Change: -1.86
Pt 799.78 $/oz Change: 2.52


Morocco biggest contender for SA auto assembly hegemony

By: Cameron Mackay     12th April 2019 Owing to lower costs, access to European markets, attractive incentives offered to industry and high investment into infrastructure, Morocco has become South Africa’s biggest challenger in the automotive manufacturing industry, says multinational professional services firm Deloitte Africa... 

Nissan invests R3bn in Rosslyn plant to build Navara pickup  

By: Irma Venter     10th April 2019 Japanese vehicle manufacturer Nissan will invest R3-billion to prepare its Rosslyn plant, in Pretoria, for production of the Navara pickup.  Assembly will start in November 2020, and will add to current production of the NP300 one-ton bakkie and NP200 half-ton bakkie, which is set to continue. 

Vehicle sales decline for third month in a row in 2019

By: Irma Venter     2nd April 2019 New-vehicle sales continued their downward slide in March, declining for a third month in a row in 2019. March new-vehicle sales were down 3.1%, to 47 718 units, compared with the same month last year. 

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... 

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