Hyundai celebrates 800 000 vehicles sold in SA
Hyundai Automotive South Africa is celebrating a significant milestone, namely 800 000 vehicles sold so far since its debut 25 years ago.
- Industry News
- 2 March 2026
Satish Ranchod is the new Human Resources Director at VW Group Africa, effective 1 November 2025.
Satish joins the Board of Management following a 36-year career with the company, where he has held several leadership positions across various areas of the business.
Having started at Volkswagen in 1989 as a Graduate Trainee in Internal Audit, Ranchod dedicated most of his career to Human Resources, where he has played a pivotal role in shaping compensation, benefits and governance structures that support employee well-being and drive organisational excellence.
Over the years, he has made significant contributions through his leadership on several key committees, including the VWSA Provident and Pension Funds, Risk and Insurance Committee, and Joint Union and Management Benefits Committees, among others. He has also represented VWGA in the Automobile Manufacturers Employer Organisation’s (AMEO) collective bargaining process, where he has led financial modelling efforts since 2016.
Ranchod holds a Bachelor of Science in Information Processing from Rhodes University and has completed the Volkswagen Group Junior Executive Programme at Ashridge Business School in London. He is also a Certified Internal Auditor through the Institute of Internal Auditors (USA) and an Associate Principal Executive Officer with the Council of Retirement Funds South Africa.
“Satish’s long-standing commitment to Volkswagen and his extensive experience in Human Resources make him an invaluable addition to our board of management. His institutional knowledge of our people, culture and business will continue to strengthen VWGA’s position as an employer of choice,” says Martina Biene, Chairperson and Managing Director of Volkswagen Group Africa.
Hyundai Automotive South Africa is celebrating a significant milestone, namely 800 000 vehicles sold so far since its debut 25 years ago.
Volvo Group Southern Africa has announced the appointment of Stuart Potter (photo) as its new Managing Director, effective 1 March 2026.
South Africa’s used car market in 2025 was not driven by impulse or indulgence, but by a clear recalibration towards value.