WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
Absa and Messe Frankfurt SA, the organisers of Automechanika Johannesburg, are proud to announce the next in a series of webinars under the banner of ‘Let’s Talk Business,’ where industry leaders unpack the key trends shaping the market.
Ford Approved has now modernised its services through several refinements that have been implemented to ensure a more complete and rewarding customer experience.
Automechanika Johannesburg will see a return to a face-to-face trade show at the Johannesburg Expo Centre, Nasrec from 7-10 June 2022.
Renault South-Africa announced the appointed Shumani Tshifularo as its new Managing Director replacing Jaco Oosthuizen who now take the lead as the new CEO of Motus Australia.
Toyota South Africa Motors (TSAM) President and CEO, Andrew Kirby, is forecasting that new vehicle sales will grow by 16.3% to 540 000 units this year from the 464 469 units sold in 2021.
New vehicle sales are expected to grow by between 10% and 15% in 2022, according to the National Automobile Dealers’ Association (NADA).
Thanks to a donation of R350 000 from Ford South Africa and Ford Credit to the Gift of the Givers Foundation for the construction of a new Grade R classroom and early childhood development (ECD) centre at Weenen Primary School in KwaZulu-Natal, it was officially opened.
Windmill Park Primary School in Boksburg received a new library donated by Hyundai Automotive South Africa. This is the eleventh library donated as part of the company’s corporate social investment programme.
Isuzu Motors South Africa welcomed 66 Youth Employment Service (YES) candidates to its YES initiative, which is a government-led collaboration with business to create work exposure opportunities for unemployed South Africans between the ages of 18 and 35.
New vehicle inflation has declined to its lowest level since the fourth quarter of 2011.
The case against South Africa’s four major tyre companies and the SA Tyre Manufacturers Conference (SATMC) for alleged price fixing commenced before the Competition Tribunal on Monday, more than 10 years after the Competition Commission initiated it.
Most consumers would prefer an in-person experience when purchasing their next vehicle, according to the 2022 Deloitte Global Automotive Consumer Study.
The Competition Commission has referred FirstRand Bank Limited, WesBank, and Toyota Financial Services South Africa Limited (TFS) to the Competition Tribunal for prosecution on allegations of dividing the market by allocating customers or suppliers.