Dealer industry news from around Southern Africa
Beijing Automotive Group Co Ltd (BAIC) recently announced that it has been holding an increased stake of 9.98% in Daimler since 2019.
South Africa’s new vehicle market made a strong rebound in 2021 from the massive 29.2% COVID-19 pandemic-related decline in 2020, and naamsa expects the industry to continue with its gradual recovery in 2022.
In an extended celebration of its global 150th anniversary in October, Continental Tyre South Africa (CTSA) made this a year of giving by donating over R2 million to fifteen charities benefiting individuals in Nelson Mandela Bay.
The team at Haval Motors SA (HMSA) became Santa’s little elves in his workshop, putting together one hundred gift boxes for Johannesburg Dream Centre NPC.
Thousands of children across South Africa will again feel the magic of Christmas this year, thanks to the Santa Shoebox Project.
There is a new braai master at Ford South Africa’s Silverton Assembly Plant in Pretoria, but just don’t expect a reply when you tell him how well you want your meat done!
Auto executives are predicting massive changes in the way cars are purchased in the future, according to KPMG’s 22nd Annual Global Automotive Executive Survey.
New vehicle sales are expected to grow by single digits in both 2022 and 2023 in line with the projected GDP growth rates of around 1.8% for South Africa in those years, says naamsa president, Neale Hill.
Absa Vehicle and Asset Finance is interrogating the best ways to support South Africa’s automotive industry and vehicle dealers to continue doing business under the trying and challenging circumstances created by the COVID-19 pandemic.
Less privileged communities within Gqeberha can look forward to a better festive season with Isuzu Motors South Africa and Love Story, a non-profit organisation, which will deliver six hundred buckets laden with grocery essentials to these communities.
The 26-year-old Zintle Mvana from Volkswagen South-Africa has been named one of the Best Apprentices in the Volkswagen Group – an honour bestowed each year on only a handful of the company’s top young talents across the world.
The new vehicle sales figures for November 2021 are indicative of the positive direction the market has been taking this year, says the National Automobile Dealer Association (NADA).
The new-vehicle market continued to show resilience on its gradual recovery path during November 2021, despite several challenges during the month, says Mikel Mabasa, the CEO of automotive business council naamsa.
Advertisement
Advertisement
Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac?
George Carlin