Two new appointments at Stellantis SA
- Industry News
- 16 May 2024
Dealer industry news from around Southern Africa
The continued increase in interest rates is likely to have a negative effect on the ability of already severely financially constrained consumers to afford to purchase vehicles and/or to service their car loan repayments, automotive business council, naamsa, has warned.
The National Automobile Dealers’ Association (Nada) is confident that the new-vehicle market will still achieve volume growth in 2023 compared to last year, despite new-vehicle sales experiencing a small dip in March 2023.
Ford South Africa has once again partnered with the READ Educational Trust in the Eastern Cape by donating much-needed funds to the Rally to Read programme. This year, the programme will for the first time include a digital literacy element.
Chery South Africa is moving fast to keep up with its ever-increasing sales volume in South Africa.
Bridgestone will continue as the title sponsor of the World Solar Challenge 2023 to be held in Australia during October this year.
Well-known motor industry executive, Corné Venter, passed away on 29 March. Corné was the Head of Retail and Rental at Motus.
The availability of parts and getting them quickly to where they are needed, are the name of game for all vehicle manufacturers.
Having your vehicle break down next to the road could turn out to be a life-threating experience, and around the Easter, it could also ruin your holiday and long weekend.
The transition to a green economy in South Africa is gaining momentum with a commitment recently from President Cyril Ramaphosa in the 2023 State of the Nation Address to a R1.5 trillion investment over the next five years through the Just Energy Transition Investment Plan.
Absa has scooped top honours and for the first time won the prestigious SA Motor Body Repairers’ Association (Sambra), Insurer of the Year award followed by a silver award to both Bryte Insurance and OUTsurance in joint second place.
Ford South Africa joined the Gift of the Givers Foundation in commemorating the completion of newly constructed classrooms and extensive renovations to existing infrastructure at the Solomon Mahlangu Freedom School, located in Mamelodi, Pretoria.
A much lesser-known race in the auto industry, driven by the $1 trillion Infrastructure Investment and the Jobs Act of 2021, is currently underway in the US, and the Japanese chemical and electronics company Asahi Kasei might have a substantial lead start.
Jaguar Land Rover South Africa now offers its clients the convenience and flexibility of more than one retail model.
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If you are not taking care of your customer, your competitor will.
Bob Hooey