Dealer industry news from around Southern Africa
With a little more than two months to go before the start of the 2021 Dakar Rally in Saudi Arabia on 3 January 2021, Dealerfloor spoke to Terence Marsh, CEO and founder at Red-Lined Motoring Adventure about the South African influence on the race.
The 39 finalists of the 2020/21 Cars.co.za Consumer Awards – powered by WesBank #CarsAwards have been announced with Toyota and Suzuki strongly represented in various categories.
The government’s infrastructure investment and development strategy should, among other things, focus on cost and efficiency in transport and ports systems for export-orientated industries, says Naamsa.
Among the world’s cross country racers, three South African companies are well known for producing race-winning bakkies.
We are halfway through the month of October, known since 2005 as Transport Month, and this year the Department of Transport (DoT) has announced that the theme will be “Together shaping the future of transport”.
Dealers are turning to value-added products and services to help improve their profitability but there is still plenty of room for improvement, says Seriti Solution’s Anri Carney.
Cartrack Holdings, the listed fleet management, stolen vehicle recovery and insurance telematics group, was hurt in the six months to August 2020 by an inability to instal devices in vehicles because of the COVID-19 lockdown.
Cars.co.za, arguably South Africa’s largest automotive platform, has launched its new match-making service for private sellers and dealers after trailing it across Gauteng over the last couple of months.
A total of 16 183 jobs were lost in the retail aftermarket between March 1 and September 30 this year, the peak period of the Covid-19 lockdown, according to Motor Industry Bargaining Council (MIBCO) statistics.
Discovery Insure recently announced the launch of a "world-first" telematics-based vehicle warranty cover. The product is available to qualifying clients who book a service at any Motus dealership or Bosch service centre.
Vehicle dealers are facing a 12-month “income gap” because of the disruption of new-vehicle sales by the COVID-19 lockdown and the defleeting of car rental companies.
The COVID-19 lockdown has taken its toll on the financial performance of JSE-listed Combined Motor Holdings (CMH), which anticipates reporting a loss for the six months to end-August.
New vehicle sales trends showed an encouraging improvement last month (September) despite still declining overall by 23.9 percent to 37 403 units from the 49 140 vehicles sold in September 2019.