Dealer industry news from around Southern Africa
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.
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.