A new player in the commercial vehicle sector is getting ready to enter the market with up to ten dealerships. The aim is to kick off with a dealership in each province and in all the major centres.
Ashok Leyland, flagship of the Hinduja Group and India’s leading commercial vehicle manufacturer, announced their new distribution partnership with ETGs logistics, warehousing and distribution vertical, ETG Logistics (ETGL).
The range of commercial vehicles is currently going through the homologation process in anticipation of its launch in July. The range includes commercial vehicles from a 1.5-ton bakkie up to a 20-ton truck available in different configurations.
ETG is a global conglomerate operating across various segments. An agreement was signed between the companies for cooperation in the distribution of products in the Southern African region. ETGL will operate dealerships for Ashok Leyland in six key Southern African countries as part of this strategic cooperation.
Amandeep Singh, Head of International Operations, Ashok Leyland, says they have ambitious growth plans for the African Market. “Our time-tested products are well suited for the African terrain and offer a superior value proposition to customers.
“ETG group’s extensive connect in these markets will complement our growth plans. We are already present in most of the East and West African countries. We now have the right product portfolio with Best in Class TCO to cater to requirements of this market and provide excellent value proposition for customers.”
Rajeev Saxena, CEO of ETGL, adds: “We are excited to announce our partnership with Ashok Leyland Ltd. This partnership will be instrumental in bringing a range of Commercial Vehicles solutions to address specific requirements of different customer groups in the territory.”
ETG has developed a diverse portfolio across multiple industries, encompassing agricultural inputs, logistics, distribution, merchandising, energy, food processing and supply chain optimisation. The group has a presence in 48 countries across six continents.
ETG Logistics operates an established automotive and farm equipment distribution business in South Africa, Namibia, Zimbabwe, Lesotho, Swaziland, Botswana, Tanzania, Zambia, Mozambique and Kenya with plans to extend its footprint in East and Southern Africa.
Volkswagen Group Africa (VWGA) has completed the second phase of its solar photovoltaic (PV) carport project in the employee car park and service centre at the Kariega manufacturing plant, further demonstrating its focus on renewable energy and sustainable manufacturing.
The G20 Summit may have ended, but its influence on South Africa’s aftermarket tyre and parts sector is only beginning to take shape.
South Africa’s macroeconomic landscape presented a rare alignment of positive shifts in inflation, fuel pricing, fiscal credibility and monetary policy in November, with each contributing to improved affordability and confidence across households and firms.
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You can't buy happiness but you can buy cars and that's kind of the same thing.
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The G20 Summit may have ended, but its influence on South Africa’s aftermarket tyre and parts sector is only beginning to take shape.
South Africa’s macroeconomic landscape presented a rare alignment of positive shifts in inflation, fuel pricing, fiscal credibility and monetary policy in November, with each contributing to improved affordability and confidence across households and firms.
South Africa’s new-vehicle market delivered another month of strong performance in November, continuing the trend for the last 12 months.
