Dealer industry news from around Southern Africa
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.
Motify’s mission to transform service delivery within the automotive industry is gaining momentum since the establishment of the new entity with the coming together of Pinewood DMS SA and Ampersand Communications.
Kia South Africa has donated R70 000 to its long-standing CSI beneficiary (Corporate Social Investment), RADA ,in support of its MiPad project in Women’s Month.
Volkswagen Group South Africa (VWSA) says it embraces diversity by promoting the inclusion of women in an industry that was historically male dominated.
During women’s month, Mitsubishi Motors South Africa celebrated the many women who form part of their critical staff complement.
The SA Insurance Association (Saia) is set to launch a vehicle salvage database (VSD) by the end of this month, which will provide free access for the public to information about vehicles that were previously written off by insurance companies.
naamsa, the automotive industry business council, is hosting its third national round table for the industry in Gqeberha on 25 August at the Nelson Mandela Bay Stadium.
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