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20201008 112116

Prepare for a 12-month income gap

Vehicle dealers are facing a 12-month “income gap” because of the disruption of new-vehicle sales by the COVID-19 lockdown and the defleeting of car rental companies.

  • 7 October 2020
stock image vehicles parked - Ryan Searle

CMH down in first half

The COVID-19 lockdown has taken its toll on the financial performance of JSE-listed Combined Motor Holdings (CMH), which anticipates reporting a loss for the six months to end-August.

  • 2 October 2020
Naamsa vehicle sales September 2020

Vehicle sales "better than expected""

New vehicle sales trends showed an encouraging improvement last month (September) despite still declining overall by 23.9 percent to 37 403 units from the 49 140 vehicles sold in September 2019.

  • 1 October 2020
Dealerfloor chatted to Mark Dommisse, Chairperson of the National Automobile Dealers Association (NADA)

More vehicle tax will equal less tax revenue, says NADA

Any increase in the taxes paid on new and used vehicles will increase the overall cost of motoring and have a negative impact on vehicle sales and tax revenue, says National Automobile Dealers’ Association (NADA) chairman Mark Dommisse.

  • 1 October 2020
Used vehicle parking lot Haidan Unsplash

Motus creates online used car portal

Motus, the vehicle business of Imperial Holdings that was unbundled and separately listed on the JSE, has developed a new online portal where prospective customers will be able to access all the pre-owned vehicle stock in the group.

  • 30 September 2020
KZN s12 Flying cars Joby

Flying cars? You better believe it

Most people in the business of selling vehicles think flying cars are pure science fiction, but the first sales of airborne autos is scheduled to happen in 2020.

  • 30 September 2020
Inge Labuschagne

COVID-19 sick leave? Keep the Disaster Management Act in mind

We have undoubtedly reached our fill of COVID-19-related stories, regulations, warnings and lockdown rumours. But, warns Inge Labuschagne, Head of Legal at Styde Consult, we should not forget that we are still under the rules of the Disaster Management Act, which have certain implications for employers and employees.

  • 9 September 2020
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