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Automotive News
Over-taxation in automotive market will undermine BEV adoption in South Africa
By: Darren Parker 17th July 2024 South Africa’s automative market is going to struggle to transition to battery electric vehicles (BEVs), specifically because of the country’s “peculiar” automotive market structure, which Toyota Wessels Institute for Manufacturing Studies manufacturing ambassador Professor Justin Barnes has said... →
Localisation to be used to create early-stage demand in targeted sectors - Tau
By: Terence Creamer 16th July 2024 While proclaiming industrial policy to be the “centre piece” of the government of national unity’s economic development strategy, new Trade, Industry and Competition Minister Parks Tau indicated he would be leaning on local procurement to create early-stage demand in targeted sectors. In his... →
New traffic enforcement shift system coming in 2025 – Hlengwa
15th July 2024 Deputy Transport Minister Mkhuleko Hlengwa says the department aims to “speed up the resolution of all issues” that have delayed the implementation of visible traffic policing on a 24-hour, seven-days-a-week and 365-days-a-year basis across the country, especially in highly accident-prone zones... →
‘Unconscionable’ to return money to Treasury instead of fixing potholes – Creecy
By: Irma Venter 15th July 2024 Transport Minister Barbara Creecy says “immediate attention” will be given to the “critical issue” of the underspending of funding allocated to road maintenance and road construction by both Department of Transport (DoT) entities and provincial transport departments. “In a country where citizens... →
CE marked washer range offered by distributor
12th July 2024 The Swedish wedge-locking solutions manufacturer Nord-Lock range of securing washers, distributed and supported by industrial equipment supplier BMG, is reportedly the only brand on the market that currently displays the European CE quality mark of approval. “The prestigious CE marking is... →
Global EV sales growth continues, but significant slowdown in some markets – BloombergNEF
By: Irma Venter 12th July 2024 Electric vehicle (EV) markets around the world are not all travelling in the same direction, or at the same speed, in 2024, says research group BloombergNEF (BNEF) in its newest EV Outlook Report. While global sales of EVs continue to rise, some markets are experiencing a significant slowdown,... →
June new-vehicle sales 14% lower year-on-year as affordability woes bite
By: Irma Venter 12th July 2024 New-vehicle sales in South Africa dropped by 14% in June, to 40 072 units, compared with the same month last year. The new-passenger-car market reached 26 928 units last month – a decline of 9% over June last year. →
Audi SA adds six rapid public chargers to its network
10th July 2024 Audi and partner Rubicon have added six 150 kW DC rapid public chargers for electric vehicles (EVs) at locations across South Africa. The new chargers will be located along the N1, N2 and N3 corridors within easy reach for city dwellers, but also those motorists travelling longer distances. →
EV charging points to grow by 194% as governments switch focus to infrastructure
By: Irma Venter 9th July 2024 A new study from Juniper Research has found that the total number of electric vehicle (EV) charging points globally will grow by 194% to 64-million over the next five years, up from 21.8-million this year. The research found that private EV sales have slowed in the last year owing to a number of... →
Lexus, Mini, Toyota, Suzuki and Hino take platinum in Dealer Satisfaction Index
By: Irma Venter 9th July 2024 Lexus, Mini, Toyota and Suzuki have all taken top honours in this year’s National Automobile Dealers’ Association (NADA) Dealer Satisfaction Index (DSI) awards for passenger cars and light commercial vehicles (LCVs). Truck brand Hino won platinum in the commercial vehicle (CV) category. →
Transport conference outlines challenges, opportunities in necessary reskilling/upskilling
By: Tasneem Bulbulia 8th July 2024 South Africa’s transport industry is a significant contributor to the country’s gross domestic product; however, it is being impacted on by several factors, which necessitates the reskilling and upskilling of participants, to ensure the industry’s sustainability and improved performance moving... →
Hyundai targets return to fourth spot in sales chart
By: Irma Venter 8th July 2024 Hyundai has set itself the goal to return to fourth position (in terms of market share) in the combined passenger and light commercial vehicle market, says Hyundai Automotive South Africa (Hyundai SA) sales and operations director Stanley Anderson. The local importer has fallen from fourth... →
Govt continues to drag its feet on fuel-price review – Misa
By: Irma Venter 5th July 2024 The former Department of Mineral Resources and Energy (DMRE) has failed to review South Africa’s fuel-pricing methodology since the process to do so was announced in 2022, says the Motor Industry Staff Association (MISA). In the 2022 Budget Review document, National Treasury said it and the DMRE... →
Ford celebrates one-millionth Ranger, says PHEV production to start before year-end
By: Irma Venter 5th July 2024 Ford South Africa (SA) has celebrated the assembly of the one-millionth Ranger at its Silverton plant in Pretoria. While the first million bakkies took 24 years, the second million is set to happen before the decade is out, should production continue at the current rate of roughly 200 000 units a... →
Germany launches electric truck charging network to decarbonise transport
By: Reuters 3rd July 2024 The German government on Wednesday launched a project to build up a nationwide fast-charging network for heavy duty vehicles as Berlin aims to decarbonize the transport sector by 2045. Greenhouse emissions in Europe's biggest economy fell to the lowest level in 70 years in 2023, but the transport... →
Auto market awaits return of consumer confidence, political clarity – TransUnion
By: Irma Venter 3rd July 2024 The South African automotive sector continues to grapple with significant macroeconomic challenges, says TransUnion Africa CEO Lee Naik. Persistently high interest rates and negative economic growth have eroded consumer and business confidence, leading many to defer long-term financial... →
Sales drop 14% in June as new vehicles become increasingly unaffordable
By: Irma Venter 2nd July 2024 New-vehicle sales in South Africa dropped by 14%, to 40 072 units, compared with the same month last year. The new-passenger-car market reached 26 928 units last month – a decline of 9% over June last year. →
Egypt woos Volkswagen with body shop, assembly-line deal
By: Irma Venter 2nd July 2024 In a new strategic cooperation agreement, Volkswagen Group Africa (VWA) and the government of Egypt will conduct a feasibility study on the construction of a body shop and assembly buildings, which will be located within the East Port Said Automotive Zone (EPAZ) in Cairo. This agreement builds on... →
Kia South Africa’s new CEO seeks to push market share beyond 5% by 2026
By: Irma Venter 1st July 2024 Kia South Africa has appointed Paul Turnbull as its new CEO. Turnbull joins the Korean brand from sibling Hyundai Automotive South Africa. He succeeds Gary Scott, who takes up the position of chief digital officer at Kia’s parent company, Motus Holdings. →
Mercedes-Benz SA considers cutting 700 jobs on back of struggling economy, ports
By: Irma Venter 28th June 2024 Mercedes-Benz South Africa (MBSA) says it will move from three shifts a day at its East London plant to two shifts, in a move that could potentially cut 700 jobs. MBSA produces the C-Class for the local and export markets, with more than 90% of production exported. Production reached around 90... →
Daimler Truck Southern Africa appoints new sales and marketing VP
By: Irma Venter 27th June 2024 Olaf Petersen has joined Daimler Truck Southern Africa (DTSA) as its new sales and marketing VP, effective July 1. Petersen will be responsible for the new-vehicle sales portfolio for Mercedes-Benz Trucks and Fuso in the Southern Africa region. →
Tribunal approves Bidshelf 93’s acquisition of Dekra Automotive
By: Schalk Burger 27th June 2024 The Competition Tribunal has approved the intended transaction in which heavy and light vehicle sales company Bidshelf 93 will acquire vehicle testing, inspection and certification company Dekra Automotive. The tribunal has approved the proposed merger with conditions relating to the procurement... →
Half of China’s NEV brands likely to fail; exports set for steep growth
By: Irma Venter 26th June 2024 More than 130 brands are currently competing in China’s new-energy vehicle (NEV) market, says GlobalData Automotive Division China operations manager John Zeng. Three brands, however, dominate the market, with Tesla, BYD and Seres having taken 42% of the NEV market in the first quarter of this year. →
‘Second wave’ of Operation Vulindlela set to prioritise ‘green and digital’ growth
By: Terence Creamer 25th June 2024 The ‘second wave’ of government’s Operation Vulindlela initiative is poised to be widened to include additional structural reforms to those that have been pursued to date in electricity, freight logistics, telecoms, water and skills with the goal of stimulating higher levels of economic growth... →
Ford celebrates 1m Rangers; looks to PHEV production start before year-end
By: Irma Venter 25th June 2024 Ford South Africa (SA) has celebrated the assembly of the one-millionth Ranger at its Silverton plant in Pretoria. While the first million bakkies has taken 24 years, the second million is set to happen before the decade is out, should production continue at the current rate of roughly 200 000... →
Invicta reports increase in operating profit despite challenges
By: Sabrina Jardim 24th June 2024 In its audited consolidated results for the financial year ended March 31, investment holding and management company Invicta Holdings reports that its operating profit grew by 8% to R702-million, with cash generated by operations increasing by 28% to R818-million, with a focus on reducing debt.... →
Global EV sales growth continues, but significant slowdown in some markets – BloombergNEF
By: Irma Venter 24th June 2024 Electric vehicle (EV) markets around the world are not all travelling in the same direction, or at the same speed, in 2024, says research group BloombergNEF (BNEF) in its newest EV Outlook Report. While global sales of EVs continue to rise, some markets are experiencing a significant slowdown,... →
New-vehicle sales down 14.2% as consumers suffer from election jitters
By: Irma Venter 21st June 2024 April’s 2.2% bump in new-vehicle sales proved to be an anomaly as new-vehicle sales again returned to negative territory in May, with the market down 14.2%, to 37 105 units, compared with the same month last year. April’s positive blip followed eight months of market decline. →
Traditional bakkie powerhouses to be challenged by buying-down trend, newcomers – WesBank
By: Irma Venter 20th June 2024 South Africa is bakkie country, dominated by Toyota’s Hilux as the country’s long-standing number-one-selling vehicle, with the Ford Ranger and Isuzu D-Max also perennial favourites, among others. These three bakkies are also produced locally, in Durban, Pretoria and Gqeberha, respectively. →
Ford’s new-generation Transit Custom offers a lower height, among other improvements
By: Sabrina Jardim 19th June 2024 Featuring enhanced load-carrying capacity and improved driver comfort and convenience features, automotive company Ford South Africa has begun the introduction of the new Transit Custom commercial vehicle range. The Transit Custom launches in South Africa with the Base Long Wheelbase Van... →
AARTO demerit system set for mid-2025 launch, dealers urged to up admin game – NADA
By: Irma Venter 19th June 2024 Government aims for the system that will see road users accrue demerit points for road traffic offences to kick off in the middle of next year, says National Automobile Dealers' Association (NADA) chairperson Brandon Cohen. Within this long-delayed system, drivers can get 15 demerit points before... →
Transnet to boost rail for VW, other automakers
By: Bloomberg 14th June 2024 Transnet said it’s in talks to run additional trains between a port in Gqeberha in the Eastern Cape province and the country’s commercial hub of Gauteng to better link the two automotive manufacturing hubs. The state freight rail and ports company has faced withering criticism from carmakers to... →
Cape Town introduces reversible MyCiTi bus lane to reduce congestion
By: Irma Venter 14th June 2024 The City of Cape Town’s Transport Network Technology branch is set to activate a reversible MyCiTi bus lane along the R27 between Loxton road and Broad road in Milnerton. This bus lane, for exclusive use by MyCiTi vehicles, will permit inbound travel towards the Civic Centre in the morning, and... →
Youth empowered through manufacturer’s YES commitment
By: Nadine Ramdass 14th June 2024 Automotive manufacturer BMW Group South Africa onboarded its 2024 cohort at BMW Group Plant Rosslyn Training Academy on May 7, marking its ongoing commitment to the Youth Employment Service (YES) Programme, an initiative aimed at addressing youth unemployment. During the event, BMW Group South... →
Barloworld profit dips as local mining industry slows
By: Irma Venter 14th June 2024 Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March 31, Sewela said at the end of May that Barloworld’s domestic operations had had to contend with a... →
Poor roads, bad weather and weak used-car market dent Zeda’s profit
By: Irma Venter 14th June 2024 Poor road conditions, hailstorms, a shortage of car parts and a deteriorating used-car market converged to dent Zeda’s operating profit for the six months ended March 31. The integrated mobility solutions provider, active in the leasing, car rental and fleet management sectors, at the end of May... →
Mercedes-Benz SA considers cutting 700 jobs on back of struggling economy, ports
By: Irma Venter 13th June 2024 Mercedes-Benz South Africa (MBSA) says it will move from three shifts a day at its East London plant to two shifts, in a move that could potentially cut 700 jobs. MBSA assembles the C-Class for the local and export markets, with more than 90% of production exported. Production reached just over... →
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