The total number of franchised new vehicle dealerships in South Africa has declined by about 40 since April 2020 – after the COVID-19 lockdown was introduced – and January 2021, according to the National Automobile Dealers’ Association (NADA).
National Automobile Dealers Association (Nada) chairperson, Mark Dommisse, says new vehicle sales in February were better than expected, but he does not see any need to amend the sales forecast for the 2021 calendar year following the release of South Africa’s latest GDP figures.
Volvo Cars aims to be a fully electric car company by 2030, with all of its models only available online.
Although many blame the COVID-19 pandemic for the changes in the auto market, where consumers are making significant changes in their choice of vehicle, the CEO of Motus Retail and Rental, Corné Venter, says it comes as no surprise.
Automotive business council, Naamsa, has confirmed it will support the Competition Commission’s guidelines for competition in the South African automotive aftermarket.
The impact of the COVID-19 lockdown on new vehicle sales is still strongly evident in the latest sales statistics.
The South African automotive industry faces a challenging 2021, with new-vehicle prices continuing to climb well above the inflation rate in a market already severely constrained by the financial effects of the COVID-19 pandemic.
Rubicon, a major player in the sustainable energy space in South Africa, is making a big play to expand the electric vehicle charging infrastructure in South Africa.
A R1.8 billion allocation in the Budget towards initiatives to curb grey imports and illicit cross-border activities has been welcomed by the National Association of Automobile Manufacturers of South Africa (Naamsa).
The chief executives of National Association of Automobile Manufacturers of South Africa (Naamsa) member companies are cautiously optimistic about automotive business conditions over the next six months.
Apart from an increase in fuel prices, South African motorists are set to pay more for toll fees after Transport Minister Fikile Mbalula approved the 2021 toll tariffs announced by South African National Roads Agency (SANRAL) earlier this week.
In the battle for the top spot in die sixth annual Cars.co.za Consumer Awards – powered by WesBank, Toyota has become the most prolific winner of the programme’s most prestigious trophy.
Nissan South Africa has further delayed the launch of the next generation Nissan Navara until June 2021.