The Africa Continental Free Trade Area (AfCFTA) agreement is a unique opportunity for the automotive sector in Africa, says Alec Erwin, an African Association of Automotive Manufacturers (AAAM) policy expert and former South African deputy minister of finance and minister of trade and industry and public enterprises.
The definition of component parts in the Competition Commission’s Automotive Aftermarket Guidelines is one of the grey issues that is currently still the subject of debate, according to the Tyre Equipment Parts Association (TEPA).
JSE-listed automotive group, Motus, has acquired the Kia Bryanston and Honda Sandton motor dealerships from the North Motor Group.
The COVID-19 pandemic has accelerated the move by consumers towards digital interactions with vehicle dealers, according to the National Automobile Dealers’ Association (NADA).
A new company that focuses on car subscriptions in South Africa and Mexico claims it has disproved the concept that people aspire to own their own vehicle.
Thato Magasa took over the reins at Mitsubishi Motors South Africa as the new Managing Director. He succeeds Pedro Pereira, who had been in the position since 2015.
JSE-listed Barloworld has finalised the sale of its motor retail business, comprising 38 motor franchise dealerships in South Africa and Botswana.
MasterDrive and Castell Projects and Services will be launching a driver training programme during June, which is also youth month, aimed at young drivers.
Right to Repair South Africa (R2RSA) has welcomed the pledge by the National Automobile Dealers’ Association (NADA) to support the Competition Commission Guidelines for Competition in the South African Automotive Aftermarket.
The new vehicle sales statistics for May 2021 are “very heartening”, according to the National Automobile Dealers’ Association (NADA).
The Ford Motor Company of Southern Africa has announced leadership and organisational changes to strengthen its automotive operations.
The COVID-19 hard lockdown restrictions in the second quarter of last year continue to distort new vehicle sales, with total sales increasing by 197.8% to 38 337 units last month from the 12 874 vehicles sold in May 2020.
JSE-listed Transaction Capital plans to increase its shareholding in used car trader, WeBuyCars, in a transaction valued at an estimated R1.6 billion.