
Asian brands, EVs dominate 2025 Best Buy Awards
The 2025 Best By Awards, announced by Kelley Blue Book, reflect the rapidly shifting landscape of the automotive market not only in the USA, but also elsewhere.
- Industry News
- 17 April 2025
Sumitomo Rubber South Africa (SRSA), part of global tyre and rubber company Sumitomo Rubber Industries, has invested more than R2.1 billion in a “state-of-the-art”, purpose-built 180 000 m2 tyre manufacturing facility.
The facility includes a truck, bus and radial factory, as well as an upgraded passenger car, sports-utility vehicle and light truck tyre manufacturing component.
The new factory in Ladysmith, KwaZulu-Natal, aims to increase manufacturing output to meet any arising needs in the province and to improve its products and grow its market share across its Dunlop, Falken and Sumitomo brands.
“Over the next few months and years, we aim to ramp up local production and investment and increase our impact on creating employment in South Africa. We recently agreed to a phased investment over the next five years with our shareholders, Sumitomo Rubber Industries.
“The plan entails investing in machinery and systems that will ensure that we have capability locally to meet the requirements of original-equipment manufacturers, gain efficiencies to better serve the local market and create a better and safer experience for motorists on the road,” said SRSA CEO, Lubin Ozoux.
The 2025 Best By Awards, announced by Kelley Blue Book, reflect the rapidly shifting landscape of the automotive market not only in the USA, but also elsewhere.
Kia took the top honours for the second consecutive year when its all-electric compact crossover was named World Car of the Year during the New York International Auto Show in the USA this week.
The African Association of Automotive Manufacturers (AAAM) is strengthening its commitment to the industrialisation and development of Africa’s automotive sector with the establishment of a new regional office in Tunisia.