WeBuyCars on the road to expansion
- Industry News
- 20 November 2024
Dealer industry news from around Southern Africa
Consumers are increasingly focusing on low-mileage, pre-owned vehicles with InspectaCar Finance reporting a 160 per cent increase in applications from May 2020 when lockdown levels were first eased compared to August 2020.
Mark Dommisse, Chairperson of the National Automotive Dealer Association, gives his views of the current retail market.
Confidence is returning to the vehicle retail market, but at a slow pace and with a marked concern about the sustainability of the current economic recovery.
Motus, the vehicle business of Imperial Holdings that was unbundled and separately listed on the JSE, maintains its “not all doom and gloom” in the motor vehicle market.
We have undoubtedly reached our fill of COVID-19-related stories, regulations, warnings and lockdown rumours. But, warns Inge Labuschagne, Head of Legal at Styde Consult, we should not forget that we are still under the rules of the Disaster Management Act, which have certain implications for employers and employees.
Two-year old (or younger) used vehicles are set to become a hot commodity as we enter a prolonged period of slow new vehicle sales.
New vehicle sales, as reported by Naamsa, improved from a slow July but they remain significantly below last year’s figures.
At a virtual transport portfolio committee meeting held in the last week of August, KZN’s MEC for Transport, Community Safety and Liaison Bheki Ntuli gave reprieve for dealerships who have been struggling to get new trade plates and roadworthy certificates before the expiry deadline on 31 August.
The organisation previously known as the National Association of Automobile Manufacturers of SA, has revealed its new corporate website and has updated social media channels and with it a fresh and dynamic new corporate image.
South Africa’s breading ground of top automotive executives has produced yet another world leader – this time Trevor Hill, head of the Audi brand, who leaves Audi South Africa at the end of August 2020 after a three-year stint back in his homeland.
We spoke to the General Manager at Mitsubishi Motors South Africa, Nic Campbell, and now also the Sales and Marketing Manager at the brand. Dealerfloor got hold of him to ask him a few questions.
Suzuki South Africa is moving to a larger warehouse and head office facility in Johannesburg.
The road to recovery for the South African economy is a long and laborious one. The economy was slowly but surely declining before Covid-19.
Advertisement
Advertisement
You can't build a reputation on what you are going to do.
Henry Ford