AITF plans to expand funding for growth
- Industry News
- 11 February 2025
Dealer industry news from around Southern Africa
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.
Suzuki Auto South Africa broke virtually every single sales record in one month with huge sales success in January.
The Top 25 Finalists for the 2022 South African Car of the Year (COTY) competition has been announced. This competition, staged by the South African Guild of Mobility Journalists (SAGMJ), has run continually since 1986.
Renault Group, Nissan Motor Co Ltd and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, announced common projects and actions to accelerate and to shape their shared future towards 2030.
Toyota South Africa Motors (TSAM) kicked off 2022 with 12 480 sales in January. With this, TSAM matched its pre-COVID-19 figures in the first month of the year.
Waldemar André Christensen is the new Vice-President and Managing Director of the Volvo Group Southern Africa. He replaces Marcus Hörberg, who will be joining the Volvo Trucks team in France.
Franchised dealers made a flying start to a year that promises to build on the upward trend experienced in 2021, says Mark Dommisse, chairperson of the National Automobile Dealers’ Association (NADA).
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