Racing cars for Germany to be built by VW in Kariega
- Industry News
- 7 February 2025
Dealer industry news from around Southern Africa
Stellantis made a huge investment in South Africa with the announcement of establishing a state-of-the-art plant in Coega in the Eastern Cape.
Dealer principals (DPs) and sales executives from various dealerships and brands had the opportunity to share in the experiences of two well-known motivational speakers – sales wizard Mark Keating and former Paralympian wheelchair racer, Ernst van Dyk.
With the Financial Intelligence Centre Act (FICA) new Schedule 1 Amendments regarding motor vehicle dealers in place, a number of steps must be taken to ensure full FICA compliance.
The winners of the Fleet Safety Awards were announced with fleet managers, companies and drivers awarded for their success in promoting road safety.
Shaun Willis is the new head at BMW Motorrad South Africa, stepping over from MINI where he was in charge. His role at MINI been taken over by Carmen Myles as the new head at the brand.
Stellantis, the world's fourth-largest automotive manufacturer, announced the entry of Eurorepar into the South African automotive spare parts industry. Renowned for its comprehensive range of spare parts applicable to all vehicle makes, Eurorepar is set to create significant ripples in the South African market.
Motor Vehicle Dealers (MVDs) should take cognisance of change in their status and its consequences in light of amendments to the new Financial Intelligence Centre Act (FICA).
Total new vehicle sales declined by 3.1% in August 2023, with the reduction in sales attributable to a 6.7% drop in new passenger car sales in the month.
Different interpretations have been put on the 3.1% year-on-year decline in new vehicle sales in August 2023 and 6.7% or 2 064-unit reduction in new passenger car sales in the month.
New vehicle prices are once again increasing at a faster rate than South Africa’s consumer price index (CPI), the measure of the country’s overall inflation rate.
After 88 years of existence, naamsa (The Automotive Business Council), has proudly announced that Billy Tom has been elected as its first black President during the organisation’s Annual General Assembly recently held in Kariega in the Eastern Cape.
A new Tiger Wheel & Tyre centre located just behind the Shell garage, at the corner of Rivonia and Federal roads, has just opened its doors.
A new online platform that will allow for paperless vehicle registration and change of ownership processes has been launched for the motor vehicle trading and banking sectors.
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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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