WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
Heavy rains and floods that occurred in KwaZulu-Natal in mid-April had a severely negative impact on the South African logistics sector.
The Motus Group has acquired Sandown Motor Holdings (SMH), a wholly owned subsidiary of Mercedes-Benz South Africa’s (MBSA), retail operations.
Pent-up demand is helping to keep South Africa's new vehicle market afloat in 2022, says the National Automobile Dealers’ Association (NADA).
New vehicle sales in May 2022 reflected the knock-on effects of the disruptions caused by the severe floods in KwaZulu-Natal and a myriad of headwinds increasingly impacting domestic economic growth, including the disposable income of consumers, says automotive business council, naamsa.
While every business, irrespective of size, is vulnerable to payment fraud, worrying gaps in South African motor dealerships’ payment systems have put the entire sector at risk, claims Know Your Payee (KYP) platform provider, eftsure Africa.
The INEOS Group, created by Sir Jim Ratcliffe, will soon build three models at its Hambach manufacturing facility in Germany.
VWSA has launched the Volkswagen Online Maths initiative in an effort to support basic education and youth empowerment in the country.
Finance and Insurance managers are an integral part of every vehicle dealership, new or pre-owned. They do not only enable customers to receive a full service in terms of financing and insurance for a vehicle purchase, but also drive dealership profitability.
FUSO Trucks and its authorised general distributor, ZIMOCO, celebrated their newly formed partnership with Baker’s Inn with a substantial delivery of 50 brand-new FUSO FE7-136 trucks in Zimbabwe.
A new player in the commercial vehicle sector is getting ready to enter the market with up to ten dealerships. The aim is to kick off with a dealership in each province and in all the major centres.
An astounding 92.9% of member companies’ CEOs of automotive business council naamsa believe domestic new vehicle sales will increase in the next six months.
A local fleet manager walked away with the honour of being named the ‘first’ Best Fleet Manager in the country along with a R10 000 cash prize. Additionally, a South Africa organisation won the title of the Best Company based on their road safety policies.
Toyota South Africa Motors (TSAM) announced the launch of the Toyota Manufacturing Academy (TMA) at the Coastal KZN TVET College in Mobeni, Durban.
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A light on my car’s dashboard came on, and instead of fixing the problem, I waited for the bulb to burn out. Crisis solved.
Jarod Kintz