WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
The trading environment in South Africa is extremely competitive compared to global standards, and in 2022 there were no fewer than 43 passenger car brands and 2 513 model derivatives for sale in the country, the greatest selection of market-size ratio found globally.
The future of mobility is electric. Although for many it might seem a distant reality, the truth is it is here, growing at a rapid pace and can catch a country and its drivers off guard if they are not prepared.
The Simola Hillclimb has firmly established its status as one of the world’s most exciting and competitive events, with the 13th edition – held in Knysna, South Africa, delivering its most thrilling and fiercely contested spectacle yet.
In celebration of Motorcycle Awareness Month, Volkswagen is highlighting the group’s commitment to ensuring safer roads in South Africa, a country with one of the highest road accident rates and road accident deaths in the world.
The countdown to the eighth Automechanika Johannesburg has begun. With four months to go before the official opening on 5 September 2023, entries for the coveted Innovation Awards are now open.
Combined Motor Holdings (CMH), the JSE-listed vehicle retailer and distributor, is pessimistic about new-vehicle sales growth this year.
Reuters has reported that former Audi boss, Rupert Stadler, is ready to confess to his role in the diesel-emissions scandal in exchange for a suspended sentence and a payment of 1.1 million euros ($1.21 million).
Toyota Motor Corp and one of its subsidiaries, Daihatsu, are potentially in hot water after they admitted that the latter had rigged part of the door in side-collision safety tests carried out for some 88,000 small cars, most of which were sold under the Toyota brand.
Overall new vehicle sales declined by 25.7% or 12 886 units in April this year compared to the previous month, with automotive business council, naamsa, warning that it expected sales to remain subdued for most of the remainder of 2023.
The National Automobile Dealers’ Association (Nada) put a positive spin on the domestic new vehicle sales figures for April 2023 despite the year-on-year decline in sales.
The Simola Hillclimb is renowned as South Africa’s premier motoring and motorsport lifestyle event, and its growing stature internationally has attracted three star drivers from the world of Formula 1, the World Rally Championship (WRC) and World Rallycross (WRX).
History was made with both the global and local governing bodies of Daimler Truck Southern Africa Ltd (DTSA), officially opening and welcoming its customers and stakeholders into its newly designed and strategically located new office building and business campus.
The Chinese Shanghai Auto Show once again put the emphasis on the country’s strong position regarding electric vehicles as well as the fierce competition between different Chinese manufacturers.
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If you are not taking care of your customer, your competitor will.
Bob Hooey