WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
Ford South Africa’s Customer Service Division has launched a Ranger Online Service Price Calculator, designed to generate a quotation for your vehicle’s next scheduled service before taking it to the dealership.
Planning for MasterDrive’s Fleet Safety Awards is well underway.
Bridgestone Southern Africa (BSAF) has relocated its Bridgestone Mining Solutions store from the Northern Cape town of Postmasburg to the Kathu mining town in the same province.
South Africa's new vehicle sales are “a great sign” of an economy that is recovering despite all the doom and gloom about, says Osman Arbee, CEO of JSE-listed automotive business, Motus.
Bricks and mortar vehicle dealerships are highly likely to be part of the vehicle retailing scene in South Africa for many years to come, says the National Automobile Dealers’ Association (NADA).
The 10th annual Proudly South African Summit & Expo will be taking place on 14-16 March 2022, and an automotive activation is planned to highlight the value chains and importance of both foreign and domestic investment in driving job creation locally.
New vehicle sales boomed in February this year, despite it being the shortest month of the year, says the National Automobile Dealers’ Association (NADA).
Motus Holdings Ltd (Motus), South Africa’s leading automotive group, has purchased a 60% stake in GetWorth, an innovator in South Africa’s pre-owned vehicle industry.
New vehicle sales grew year-on-year by 18.4% in February this year to the highest level since November 2019.
Tesla has been the fastest growing automobile brand over the course of the pandemic with astounding brand value growth of 271% in the last two years, according to the latest report by leading brand valuation consultancy Brand Finance.
The Ctrack Africa Transport and Freight Index (CTFI) reached a record high in November 2021 but moderated somewhat in December and increased just marginally in January 2022.
The brand says its fast-growing sales and network of 62 dealers has necessitated the larger facility. It will also ship parts and components from this facility to its dealers in Namibia and Eswatini.
There has been a strong rebound in the sentiment of chief executives of member companies of automotive council, naamsa, about general, new-vehicle business conditions over the next six months.