New Managing Director for Subaru SA
- Industry News
- 5 August 2025
Dealer industry news from around Southern Africa
Xolani Magukwe (39) is the winner and now the proud owner of a brand-new Renault Kiger 1.0 Energy Zen.
While the US battles soaring road deaths, Canada achieved an 18% decline through comprehensive safety policies. Could South Africa replicate this success?
President Cyril Ramaphosa has expressed strong confidence in South Africa's automotive industry, stating it is making crucial investments to build resilience and lead the transition to green mobility despite mounting global pressures.
South Africa is scrambling to protect its economy after USA’s President Donald Trump signed sweeping tariff measures targeting the country's key exports, potentially putting 100 000 jobs at risk, reported Reuters on 1 August.
New-vehicle sales continue to be marked by unwavering domestic momentum while vehicle exports are navigating global uncertainty.
South Africa's efforts to secure favourable trade terms with the United States have hit significant roadblocks, with a top government official revealing that Washington is linking trade concessions to changes in the country's affirmative action framework.
The Reserve Bank (SARB) has announced a 25-basis-point cut to the repo rate, reducing it to 7%. As a result, the prime lending rate for commercial banks will drop to 10.50%.
While artificial intelligence (AI) investments offer substantial growth and profitability opportunities for insurance companies, they also introduce new risks that could significantly impact financial performance and credit ratings if not properly managed, according to Morningstar DBRS analysts.
The African Association of Automotive Manufacturers (AAAM) is accelerating its efforts to strengthen industrialisation and develop Africa's automotive value chain through the appointment of a new Project Manager.
RAM Hand-to-Hand Couriers added 100 new Transit vans to its fleet, which already consists of 578 Ford vehicles.
Absa Vehicle and Asset Finance and Foton South Africa celebrated their first anniversary with an innovative new taxi finance product.
With being committed to continuous improvement and a customer-first philosophy, Toyota South Africa Motors (TSAM) announced the launch of its e-commerce platform.
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I always do like seeing other people dance in their cars. It's one of the things that makes me happy.
Ariel Gore