AITF plans to expand funding for growth
- Industry News
- 11 February 2025
Dealer industry news from around Southern Africa
This year will see a near record number of vehicles competing for the title of South Africa’s Car of the Year (COTY) for 2024.
Aligning with the priorities of the Volkswagen brand worldwide, Volkswagen Group South Africa (VWSA) has set its sights on an ambitious goal: for its Kariega plant to become a carbon-neutral production facility by 2030.
It was recently announced that Absa and Cars.co.za have partnered to take South Africa’s most authoritative automotive industry awards, the Cars.co.za Consumer Awards - often referred to as #CarsAwards - into a bold and innovative future.
A technological revolution in automotive retail is brewing, where Artificial Intelligence (AI) could be selling cars as soon as 2025. While overseas OEMs are leading the race in this space, will AI transform South Africa’s automotive sector?
Maretha Gerber (Photo) made history when she was appointed the first female President and Group CEO for Daimler Truck Southern Africa (DTSA).
The new vehicle market trend of five consecutive months of decline in year-on-year sales at the end of last year has continued into 2024.
The “dreaded Januworry” seems to have affected new vehicle sales in the first month of 2024, according to the National Automobile Dealers’ Association (NADA).
Isuzu Trucks celebrates its 11-year reign as the number one brand in South Africa's cab-over-chassis’ medium and heavy commercial vehicle (MCV and HCV) segments.
Mercedes-Benz South Africa (MBSA) has announced the appointment of Dr Phumzile Mlambo-Ngcuka (photo) as an Independent Non-Executive Director, effective from 1 February 2024.
Soon another Chinese automotive manufacturer will see its products on South African roads with an agreement between GAC Motor and Salvador Caetano Auto on the distribution of vehicles, spare parts and services in South Africa.
Hino South Africa has set an ambitious target to grow its sales volume by 15% to 3 800 units in 2024, compared with the 3 300 units it retailed in 2023. This is in pursuit of a market share of 10% in the overall South African truck market forecast of 34 800 units in 2024.
The National Automobile Dealers’ Association (Nada) is cautiously optimistic about the outlook for the local automotive industry in 2024.
Itumeleng “Tumi” Seage has been appointed General Manager at Hino South Africa reporting to Anton Falck, Vice President for Hino SA.