JSE-listed Barloworld has agreed to sell its motor retail business, comprising of 38 motor franchise dealerships in South Africa and Botswana, as a going concern to NMI Durban South Motors for an estimated R947.26 million.
Peugeot Citroën South Africa (PCSA) will take over the distribution of Opel vehicles in the country and announced that it will kick off with the launch of the new Opel Corsa.
The Volkswagen Group South Africa recently named Rachel Kobo from Uitenhage as the Best Apprentice of 2020.
The German automotive industry has recognised the potential of Africa by strengthening its ties to the continent through a cooperative partnership between the German Association of the Automotive Industry (VDA) and the African Association of Automotive Manufacturers (AAAM).
A total of 38 Barloworld Automotive motor franchise dealerships in South Africa and Botswana are part of the discussions between the JSE-listed group and its equal joint venture partner NMI Durban South Motors about the proposed disposal of these dealerships as a going concern.
Kia has launched a brand-new logo, slogan and brand identity.
Total new vehicle sales volumes are expected to improve by about 15% in 2021, according to vehicle industry body, Naamsa.
Illegal second hand vehicles imports are becoming a growing problem in South Africa.
The first free-of-charge public electric vehicle (EV) charging station was recently launched by the City of Cape Town. The charging station is situated in the parking area of the Bellville Civic Centre, with the City promising a second one in the Somerset Civic Centre to follow soon.
Pinewood Technologies recently upgraded its set of dealer management tools to support commercial vehicle dealers improve and automate their sales and service processes.
The franchise industry is facing a challenging time, unlike anything it has experienced before.
Thabo Manaka is the new Chief Executive Officer of Toyota Financial Services South Africa (TFSSA).
The latest #SaferCarsForAfrica crash test results have raised serious concerns about the poor levels of adult and child protection for the Great Wall Motors (GWM) Steed 5 pick-up, the Haval H1 five door sport utility vehicle (SUV) and the Renault Kwid five-door.