The South African Motify Group (Pty) Ltd, an autotech company, announced that it has sold its dealer management system (DMS) business to Pinewood Technologies Group PLC (Pinewood.AI).
Since 2009, Motify has grown the Pinewood.AI system’s footprint across five countries, establishing 300+ dealer partnerships and 30+ OEM partnerships as the exclusive Southern African reseller.
Pinewood.AI's headquarters are in the UK where Pinewood.AI has a team of over 200 people serving over 30 000 global users across 21 countries, and it has long-standing partnerships with over 50 OEM brands.
The sale enables Motify to focus on its autotech products, solutions and consulting services. The Motify suite empowers motor dealers and OEMs to drive customer retention and profitability using technology. Its flagship products include AutoRetention, AutoWeb and AutoInsights.
Each tackles a critical phase of the customer and business journey to identify challenges and turn them into opportunities. Additionally, Motify’s team of experts works with its customers to design practical solutions that deliver technology benefits to the business, a statement says.
As part of the deal, Pinewood.AI has acquired the customer agreements and associates servicing the Southern African market.
“We are proud of what we have achieved with the Pinewood Automotive Intelligence™ Platform in Southern Africa, and the time is right for Pinewood.AI to take over these relationships,” says Julie Caldicott (photo), Motify’s Managing Director.
“For Motify, this positions us to transform how we work with the industry, using digital technology to turn business challenges into opportunities that drive customer retention and profit. We look forward to building on our relationships with dealers and OEMs, becoming their long-term technology partner as they navigate the next evolution of the motor industry,” she states.
“This agreement reflects Pinewood.AI’s commitment to growing its market share in the Southern African automotive market,” says Chantelle Giani, previously finance and operations director at Motify and now finance and operations director of Pinewood.AI Southern Africa.
“As part of Pinewood.AI, the South African team will continue to drive growth and unlock value for current customers, OEMs and importers through the Automotive Intelligence™ Platform. We will work closely with the team at Motify to continue building on our existing relationships and delivering exceptional value to our customers,” she says.
For decades, buying a car has been as much about emotion as practicality. Shiny brochures, polished showroom floors and persuasive sales talk often overshadowed the cold, hard numbers of ownership. But today, where information is currency, consumers are no longer satisfied with glossy marketing – they want data, and they want it now.
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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
For decades, buying a car has been as much about emotion as practicality. Shiny brochures, polished showroom floors and persuasive sales talk often overshadowed the cold, hard numbers of ownership. But today, where information is currency, consumers are no longer satisfied with glossy marketing – they want data, and they want it now.
According to a Reuters report, South Africa is engaged in discussions with Chinese automotive manufacturers to encourage local investment, with at least one company showing considerable interest in establishing production facilities in the country, a senior government official revealed on Wednesday.
Europe’s automotive sector, once a global leader, is facing what McKinsey describes as “the largest transformation in the industry’s history”.
