AITF plans to expand funding for growth
- Industry News
- 11 February 2025
Dealer industry news from around Southern Africa
The truck manufacturer, DAF, has just launched its brand new XF and CF models onto the South African market and announced that a local assembly plant would be built in KwaZulu-Natal within the next 12 months.
South Africa’s automotive industry is set to meet Trade and Industry and Competition Minister, Ebrahim Patel, this week to discuss the latest developments in the global automotive industry, including decisions by some vehicle manufacturers to bring forward their electromobility plans.
A fire at the world’s third largest producer of semiconductors – what the trade calls a chip – may exacerbate the current shortage of chips that is affecting vehicle factories around the world and delaying deliveries of new vehicles to dealerships.
Metair Investments, the JSE-listed automotive components and energy storage manufacturer, is taking steps to "EV proof" the business and is backtracking on initial plans to split the group in two.
BMW Group's Mini brand will be exclusively fully electric by the early 2030s and it will release the last Mini model with a combustion engine variant in 2025.
Nissan has appointed Guillaume Cartier as its new chairperson for the Africa, Middle East, India, Europe And Oceania (AMIEO) region effective 1 April 2021.
The Ford Motor Company of Southern Africa has established a new dedicated state-of-the-art technical training centre close to its vehicle production plant in Silverton, Pretoria.
The customer’s right to repair a vehicle at any aftermarket workshop will become official in South Africa on 1 July 2021.
The total number of franchised new vehicle dealerships in South Africa has declined by about 40 since April 2020 – after the COVID-19 lockdown was introduced – and January 2021, according to the National Automobile Dealers’ Association (NADA).
National Automobile Dealers Association (Nada) chairperson, Mark Dommisse, says new vehicle sales in February were better than expected, but he does not see any need to amend the sales forecast for the 2021 calendar year following the release of South Africa’s latest GDP figures.
Volvo Cars aims to be a fully electric car company by 2030, with all of its models only available online.
Although many blame the COVID-19 pandemic for the changes in the auto market, where consumers are making significant changes in their choice of vehicle, the CEO of Motus Retail and Rental, Corné Venter, says it comes as no surprise.
Automotive business council, Naamsa, has confirmed it will support the Competition Commission’s guidelines for competition in the South African automotive aftermarket.
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You can't build a reputation on what you are going to do.
Henry Ford