Racing cars for Germany to be built by VW in Kariega
- Industry News
- 7 February 2025
Dealer industry news from around Southern Africa
Toyota South Africa Motors (TSAM) has set itself the extremely ambitious target of selling more hybrid Corolla Cross models than traditional internal combustion engine models by 2035.
Chery South Africa has signed a comprehensive agreement with the Automobile Association of South Africa (AASA).
Hino South Africa continued to rank highly in the DATATrack comparative truck study rankings when the results for the third quarter of 2021 were released recently.
Mercedes-Benz is to convert its 23-seater Sprinter Inkanyezi locally for the taxi industry.
Daimler Trucks & Buses Southern Africa (DTBSA) is preparing for the official transition into a fully independent and a wholly owned subsidiary of Daimler Truck AG effective from 1 December 2021.
The rate of increase in new vehicle prices declined to 3.8% in the third quarter of this year from 7.6% in the same quarter in 2020, according to the latest TransUnion SA Vehicle Pricing Index.
Bakkies are playing an important role in the driving price growth in the used vehicle market, according to data released by automotive portal Cars.co.za and car pricing experts getWorth.
Mahindra will officially take over all tractor and farm equipment operations in South Africa.
The new vehicle market and vehicle exports were negatively impacted in October 2021 by the three-week strike in the steel and engineering sector and the return of an acute load-shedding programme, according to automotive business council, Naamsa.
South Africa’s automotive industry is “not out of the woods yet”.
Maserati has announced the appointment of Hamdy Elshantoury as the new General Manager for Middle East and Africa region succeeding Domenico La Marte.
Toyota South Africa Motors (TSAM) has commenced production of the new Corolla Cross, which includes South Africa’s first locally produced volume hybrid electric vehicle.
A significant 35% of households expect their expenditure on large purchases, such as cars and appliances, to “decrease a lot” over the next three months, according to the latest TransUnion quarterly survey on the current and future impact of COVID-19 on household budgets, spending and debt.
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Henry Ford