WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
Isuzu Motors South Africa announced its new expanded board of directors, effective from 1 December this year. This happens at the back of just 4 years of a journey of end-to-end business transformation to drive growth and expansion for the local OEM.
Nobuhle Renqe is the new Department Executive for Corporate Planning, Strategy and Business Planning at Isuzu Motors South Africa (IMSAf).
Sumitomo Rubber South Africa (SRSA), part of global tyre and rubber company Sumitomo Rubber Industries, has invested more than R2.1 billion in a “state-of-the-art”, purpose-built 180 000 m2 tyre manufacturing facility.
Improved new vehicle sales in the fourth quarter of this year were insufficient to markedly improve the confidence of vehicle dealerships in the quarter, according to the RMB/BER business confidence index (BCI).
Barloworld has confirmed the planned unbundling of its car rental and leasing business via a JSE listing.
Isuzu Motors South Africa is on a drive to assist small businesses with easier accessibility to commercial vehicles.
The SATMC (South African Tyre Manufacturers Conference) has appointed Lubin Ozoux, CEO of Sumitomo Rubber South Africa (Pty) Ltd, as the new SATMC chairperson.
Ghana Msibi, CEO of WesBank, is optimistic over the prospect of vehicle affordability in South Africa, following the successful naamsa/ South African Auto Week.
Toyota has enlisted the help of SVI to build a fleet of armoured bakkies to protect its plant in KwaZulu-Natal.
The employment levels of independent vehicle importers have increased for six consecutive quarters since the first quarter of 2021.
The upgrading of BAIC’s (Beijing Automotive Group Co Ltd) local assembly plant in Coega in the Eastern Cape is well underway with production of the new Beijing X55 earmarked to start in the second quarter of 2023.
Stakeholders believe the hosting of the Africa Automotive Show as part of the 3rd Intra African Trade Fair (IATF2023) will be a considerable boost to regional integration as countries prepare to trade under AfCFTA.
The National Automobile Dealers’ Association (NADA) has welcomed the three-year wage agreement reached by the Retail Motor Industry Organisation (RMI) at the Motor Industry Bargaining Council (MIBCO).
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I always do like seeing other people dance in their cars. It's one of the things that makes me happy.
Ariel Gore