CMS Systems marks 25 years in automotive retail technology
CMS Systems is celebrating 25 years in business, marking a significant milestone for a company that has become a central player in automotive retail technology.
- Industry News
- 24 April 2026
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.
CMS Systems is celebrating 25 years in business, marking a significant milestone for a company that has become a central player in automotive retail technology.
Oil prices jumped on Wednesday after Iran's seizure of container ships in the strait.
Hyundai Motor is preparing an aggressive comeback in China, unveiling plans to launch 20 new vehicles over the next five years as it tries to rebuild its position in the world’s largest car market.