WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
Naamsa, the automotive business council, has stressed that the new Automotive Aftermarket Guidelines present “positive disruptions” to the industry for which South Africa’s automotive industry is prepared.
There is general agreement among the chief executives of member companies of automotive council Naamsa that there will be much improved business conditions over the next six months.
“Selling is no longer what you have to offer, but about meeting the specific needs of the customer,” Meyer Pheiffer, Managing Member and co-founder of Expel SA, said at the inaugural 2021 F&I Industry Virtual Summit on Tuesday, 18 May.
Naamsa, the automotive business council, has reiterated its support for the Automotive Aftermarket Guidelines as it nears the implementation date of 1 July.
A Green Paper on the advancement of new energy vehicles in South Africa, including electric vehicles (EVs), has been published for public comment by the Department of Trade, Industry and Competition.
South Africa’s new vehicle market will take about three years to recover to pre-COVID-19 sales levels, according to Norman Lamprecht, the executive manager at automotive council, Naamsa.
The first ever virtual Finance & Insurance (F&I) Summit takes place on Tuesday, 18 May 2021.
Free transport. That is the promise of a new electric vehicle supplier that will open its first dealership in June 2021 in Cape Town.
JSE-listed vehicle retailer Combined Motor Holdings (CMH) achieved a significant turnaround in its financial performance in the second half of its financial year to end-February 2021.
The National Automobile Dealers’ Association (Nada) is encouraged by the new vehicle sales data for the first quarter of 2021, despite sales declining by 17.6% month-on-month in April.
There is a massive distortion to new vehicle sales on a year-on-year comparison for the month of April.
Tyre fitment centre group, SupaQuick, has begun the journey of refreshing its brand offering to offer a more sophisticated experience through a differentiated look and market position.
Leading South African automotive group Motus has acquired 100% ownership and control of Renault South Africa, the importer and distributor of Renault vehicles in Southern Africa.
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A light on my car’s dashboard came on, and instead of fixing the problem, I waited for the bulb to burn out. Crisis solved.
Jarod Kintz