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Automotive

SA car industry in R3.5bn BEE plan

SA car industry in R3.5bn BEE plan

July 11, 2017

Jeff Nemeth, the former chief executive of the Ford Motor Company of South Africa and president of Ford sub-Saharan Africa, told Business Report in 2015 that multinationals did not like …

SA car industry in R3.5bn BEE plan Read More
Motor industry holds up despite recession

Motor industry holds up despite recession

July 11, 2017

During his delegate address at the Automechanika breakfast recently held in Johannesburg, Jammine noted the decline in new vehicle sales. He said that while this had affected retail sellers negatively, …

Motor industry holds up despite recession Read More
Automotive sector remains relevant in volatile market

Automotive sector remains relevant in volatile market

July 11, 2017

While South Africa works its way through the impact of the latest economic headwinds, the automotive sector is holding its own in a volatile market, Econometrix director and chief economist …

Automotive sector remains relevant in volatile market Read More
African Association of Automotive Manufacturers names Thomas Schaefer as new chairman

African Association of Automotive Manufacturers names Thomas Schaefer as new chairman

July 11, 2017

The African Association of Automotive Manufacturers (AAAM) on Monday, announced Thomas Schaefer as its new chairperson. Schaefer was elected at a general meeting of AAAM members held at the end …

African Association of Automotive Manufacturers names Thomas Schaefer as new chairman Read More
Mercedes-Benz May Become First Luxury Carmaker To Export From India to South Africa and in Asia

Mercedes-Benz May Become First Luxury Carmaker To Export From India to South Africa and in Asia

July 11, 2017

Mercedes-Benz is likely going to create a benchmark in the Indian luxury car market by being the first automaker in its segment to ship out cars from its local facility …

Mercedes-Benz May Become First Luxury Carmaker To Export From India to South Africa and in Asia Read More
Zimbabwe bus manufacturer on verge of major breakthrough

Zimbabwe bus manufacturer on verge of major breakthrough

July 10, 2017

Bus manufacturer AVM Africa is on the verge of clinching a US$100 million deal with BAIC Automotive Group of China in a development that could create thousands of jobs after …

Zimbabwe bus manufacturer on verge of major breakthrough Read More
Tanzania: Italian Firm Eyes Car Market in Tanzania

Tanzania: Italian Firm Eyes Car Market in Tanzania

July 6, 2017

CMC Commercial Limited has been named a dealer and importer of IVECO vehicles in the country. The company has been authorised to offering the Italian brand within the medium, heavy …

Tanzania: Italian Firm Eyes Car Market in Tanzania Read More
Renault Celebrates Export of 1 Million Cars Made in Morocco

Renault Celebrates Export of 1 Million Cars Made in Morocco

June 27, 2017

The automotive industry in Morocco has become the leading export sector, thanks notably to the investments of French automaker Renault Group that celebrated the export of 1 million vehicle made …

Renault Celebrates Export of 1 Million Cars Made in Morocco Read More
Perodua expects to sustain 2016 export growth performance this year

Perodua expects to sustain 2016 export growth performance this year

June 27, 2017

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) expects to sustain its export growth performance this year as seen in 2016, said its president and chief executive officer Datuk Aminar Rashid Salleh. …

Perodua expects to sustain 2016 export growth performance this year Read More
New car sales in Africa may be on the up

New car sales in Africa may be on the up

June 27, 2017

Sales of new motor vehicles across Africa may be bottoming out after years of decline, Mike Whitfield, president of the National Association of Automobile Manufacturers of SA, said at the …

New car sales in Africa may be on the up Read More

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