Dealer industry news from around Southern Africa
Renai Moothilal says South Africa can benefit from the global shift to making electric drivetrains, despite electric drive trains having far fewer parts than fossil fuel engines.
With the July monthly sales figures recently released, Dealerfloor chatted to Mark Dommisse, Chairperson of the National Automobile Dealers Association (NADA) about the current situation of the car market.
Two key pieces of good news emerged for car sellers from KPMG’s 21st Global Automotive Executive Survey.
New-vehicle sales will remain under pressure for the next two years.
Another South African-based executive is joining a host of global CEOs who have made their mark in the automotive industry in the challenging market at the southern tip of the African continent.
The importance of the South African motor industry in the global economy is underlined by fact that four local motor journalists have been selected to serve on the panel that will select the Word Car of the Year (WCOTY) 2021.
Vehicle sales performed to the adjusted expectation in July this year, recording an industry total of 32 396 units for the month.
There has been a lot of reports recently that quote anecdotal evidence that customers are shopping online, rather than going to a dealership.
Dealers and dealer groups who have staff working from home should make every effort to ensure that these remote working staff comply with COVID-19 rules.
The current lockdown restrictions, its impact on consumer spending and the lack of movement of people, are exposing manufacturers’ outdated methods of setting dealer boundaries (AORs) and targets, says Andreas Walker, Managing Partner of UON Global.
The final Protection of Personal Information Act (POPIA) came into effect on 1 July 2020 and the countdown timer now counts down to 1 July 2021 for full compliance.
We have all heard the instruction to dealers to “go digital”, but that has become a catch-all phrase for everything, from using WhatsApp to prospect to completely digitising your dealership.
A lot has been said about the lockdown owing to the COVID-19 pandemic, the current economic contraction and reduced income for many people in South Africa, leaving the question whether all industries, and specifically the car industry, will be able to recover and if so, how quickly.
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You can't buy happiness but you can buy cars and that's kind of the same thing.
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