
Strong new vehicles sales a good indication
Dealers recorded another good month in June to end the second quarter strong.
- Industry News
- 2 July 2025
Skills development and the promotion of local supplier growth are at the centre of a Memorandum Of Agreement (MOU) just signed.
The National Association of Automotive Component and Allied Manufacturers (NAACAM) and the Tshwane Automotive Special Economic Zone (TASEZ) says the intention is to drive skills development through training programmes, promote local supplier growth, with a particular focus on small and medium-sized enterprises (SMEs), and foster economic opportunities within the automotive value chain.
Speaking at the signing of the MOA, Dr Bheka Zulu, Chief Executive Officer of TASEZ, explains that the agreement underpins the shared commitment of both organisations to developing local skills, supporting black-owned businesses and driving innovation across the automotive industry.
“The partnership provides small businesses and emerging suppliers with direct access to new markets and large manufacturers, creating a sustainable ecosystem that benefits the broader South African economy. This three-year agreement formalises collaboration between TASEZ and NAACAM and is a significant step toward advancing South Africa’s automotive sector,” he says.
The TASEZ-NAACAM partnership will focus on several strategic areas:
NAACAM CEO Renai Moothilal says the agreement reflects a holistic approach to advancing the automotive sector by aligning industry needs with government-supported initiatives.
“The partnership represents a transformative opportunity for the South African automotive sector, creating a stronger, more inclusive industry while promoting economic resilience and global competitiveness,” Renai says.
The MOA will remain in effect for three years, with the possibility of renewal and expansion based on mutual agreement.
Dealers recorded another good month in June to end the second quarter strong.
The Volkswagen Group honoured its 2025 Best Apprentices at a ceremony in Wolfsburg, Germany, held on 27 June 2025. This annual recognition celebrates exceptional performance by apprentices training to become skilled artisans.
The 13th rendition of The Classic Car Show will take place at Nasrec Expo Centre, south-west of Johannesburg CBD, this on Sunday (6 July).