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Components News
Automotive Industry Transformation Fund distributes R596m to 67 companies
By: Irma Venter 15th November 2024 The Automotive Industry Transformation Fund (AITF) has since its inception in 2020 invested R596-million in 67 companies across the automotive value chain, says CEO Jabu Selumane. “Our goal is to support 90 companies by 2029, and we are well on our way to achieving that.” →
FAW to upgrade Coega truck plant in R200m investment
By: Irma Venter 13th November 2024 FAW Trucks Southern Africa will invest R200-million in upgrading its Coega assembly plant, in the Eastern Cape. “We are planning to level up our productivity,” says FAW SA assembly plant GM Peng Lei. →
Nissan is at work to make and sell more vehicles in South Africa – Klenkiewicz
By: Irma Venter 8th November 2024 Nissan South Africa (SA) will see production drop to under 20 000 units this year, down from almost 25 000 units last year, but it is not the end of local assembly at the Rosslyn plant, says MD Maciej Klenkiewicz. The drop in production follows the Russian invasion of Ukraine, which railroaded... →
Ford seeing progress in southern corridor development, albeit slow – Hill
By: Irma Venter 8th November 2024 The automotive industry is “definitely seeing progress” in its discussions with Transnet on developing the southern rail corridor between Gauteng and Gqeberha and Coega, in the Eastern Cape, says Ford Motor Company Africa president Neale Hill. Discussions on this project started in 2019 already. →
Wekaba launches R25m automotive manufacturing plant
By: Sabrina Jardim 4th November 2024 Medium- to high-volume computerized numerical control (CNC) machined automation components manufacturer Wekaba officially launched its R25-million automotive manufacturing plant in Alberton, Gauteng, on October 30. Wekaba has described the plant as a “groundbreaking” facility that will extend its... →
Consumers to be subsidised to buy electric vehicles – Ramaphosa
By: Irma Venter 1st November 2024 South African consumers should receive some form of subsidy to buy electric vehicles (EVs), in the nearer future, as has been the case in most major markets in the world. The subsidies are aimed at assisting car buyers to transition to these cleaner, but still more expensive, vehicles. →
Bring forward policy review, drop luxury tax on new-energy vehicles – Toyota CEO
By: Irma Venter 1st November 2024 The midterm review on the second iteration of government’s Automotive Production and Development Programme (APDP) is scheduled for 2026, but the local automotive industry wants to bring this forward, says Toyota South Africa Motors CEO Andrew Kirby. The APDP 2 provides duty and investment support... →
First electric minibus taxis to be piloted in Cape Town next year
By: Irma Venter 1st November 2024 By this time next year, it will be possible to tell whether electric minibus taxis are viable people movers within the South African transport landscape. By then, newcomer to the domestic automotive landscape flx EV aims to have 40 battery electric taxis up and running in and around Cape Town,... →
VLM first of its kind in S Africa
By: Halima Frost 1st November 2024 Warehouse storage solutions provider Logistics Systems Engineering (LSE) has successfully designed and installed what it says is South Africa’s first ninth-generation Tornado vertical lifting module (VLM), from pan-European storage products and solutions provider Gonvarri. LSE installed the... →
New storage, logistics facility exceeding expectations
By: Halima Frost 1st November 2024 The new premises of independent logistics service provider Seabourne Logistics, which was meant to be a 11 000-pallet capacity contemporary office and warehouse complex, is now a comprehensive logistics facility accommodating 13 500 pallets, significantly surpassing all expectations since its... →
South Africans mostly keen on EVs, but infrastructure concerns linger – Ford study
By: Irma Venter 31st October 2024 More than 40% of South Africans are considering purchasing an electrified vehicle (EV) in the next five years. This is according to a survey by Ford Motor Company, with most respondents preferring hybrid technology. →
Kia unveils its long awaited one-ton bakkie; SA debut set for next year
By: Irma Venter 30th October 2024 Korean vehicle manufacturer Kia has lifted the veil on its long-awaited one-ton bakkie, the Tasman. The vehicle, the first of its kind for Kia, had its global premiere at Jeddah International Motor Show, in Saudi Arabia, in October. →
Automotive Industry Transformation Fund distributes R596m to 67 companies
By: Irma Venter 29th October 2024 The Automotive Industry Transformation Fund (AITF) has since its inception in 2020 invested R596-million in 67 companies across the automotive value-chain, says CEO Jabu Selumane. “Our goal is to support 90 companies by 2029, and we are well on our way to achieving that.” →
Ford seeing progress in southern corridor development, albeit slow
By: Irma Venter 28th October 2024 The automotive industry is “definitely seeing progress” in its discussions with Transnet on developing the southern rail corridor between Gauteng and Gqeberha and Coega, in the Eastern Cape, says Ford Motor Company Africa president Neale Hill. Discussions on this project started in 2019 already. →
Metair to acquire AutoZone chain
By: Irma Venter 25th October 2024 Metair is set to acquire the entire issued share capital of AutoZone Holdings. The JSE-listed Metair is a manufacturer, distributor and retailer of automotive components and energy storage solutions. →
Bring forward policy review, drop luxury tax on new-energy vehicles – Toyota CEO
By: Irma Venter 22nd October 2024 The midterm review on the second iteration of government’s Automotive Production and Development Programme (APDP) is scheduled for 2026, but the local automotive industry wants to bring this forward, says Toyota South Africa Motors CEO Andrew Kirby. APDP 2 provides duty and investment support to... →
Auto industry, Transnet to form war room to drive efficiency, improve security
By: Irma Venter 21st October 2024 Naamsa | The Automotive Business Council and Transnet have signed a memorandum of understanding (MoU) to develop and convene a naamsa–Transnet ‘auto war room’. This war room will drive the collection, consolidation and sharing of data to support the implementation of strategic initiatives, while... →
Automotive industry the ‘unsung hero’ of the South African economy – Mavuso
By: Darren Parker 21st October 2024 Business Leadership South Africa (BLSA) CEO Busi Mavuso has described the domestic automotive industry as the “unsung hero of the South African economy” after joining the naamsa | The Automotive Business Council’s 2024 South African Auto Week conference, in Cape Town, from October 15 to 18, where... →
Mahle Behr has started production of engine cooling module for latest BMW X3 generation
By: Rebecca Campbell 18th October 2024 Automotive air conditioning and engine cooling systems company Mahle Behr South Africa (MBZA) has recently launched its new production line at its plant in Durban. The new line will manufacture the engine cooling modules (ECM) for the latest (G45) generation of BMW’s X3 car. The G45 ECM... →
Africa should embrace smart, advanced manufacturing to add greater value
By: Schalk Burger 18th October 2024 Africa contributes about 2% of global GDP, but provides about 30% of global raw materials. However, if African manufacturers focus on adopting modern manufacturing technologies and creating smart factories, then much greater value can be added by local industry. When looking at manufacturing... →
Private equity firm targeting manufacturing
By: Halima Frost 18th October 2024 Investing in the local manufacturing sector is a real opportunity to stimulate the South African economy, mid-market private equity firm Agile Capital partner Liz Kolobe tells Engineering News, adding that the firm is, therefore, targeting niche and differentiated local manufacturers in its... →
Event an opportunity to source new tech
By: Halima Frost 18th October 2024 Waterjet cutting service provider MAXJET will attend this year’s Manufacturing Indaba – to be held at the Sandton Convention Centre, in Johannesburg, on October 22 and 23 – to scout new technologies and network with relevant industry players. It aims to engage with several of its current clients... →
Consumers to be subsidised to buy electric vehicles – President Rampahosa
By: Irma Venter 17th October 2024 South African consumers should, in the nearer future, receive some form of subsidy to buy electric vehicles (EVs), as has been the case in most major markets in the world. These subsidies are aimed at assisting car buyers to transition to these cleaner, but still more expensive, vehicles. →
In pioneering move, Malben Engineering begins green steel trial at Nigel auto component plant
By: Creamer Media Reporter 17th October 2024 South African manufacturer Malben Engineering, of Nigel, is pioneering the use of green steel in the production of automotive components for leading local original equipment manufacturers (OEMs). The company, which was established in 1974 and has developed into a tier 1 supplier of stampings and... →
Government must look after current investors and not only seek new ones – Naamsa president
By: Irma Venter 16th October 2024 It is important for government to not only pursue new investors, but to also look after current investors already doing business in South Africa, says Naamsa | The Automotive Business Council president Billy Tom. Tom is also the CEO of Isuzu Motors South Africa. The local arm of the Japanese... →
As key export markets falter, SA Inc must work together to secure maximum production at its auto plants
By: Irma Venter 15th October 2024 New-vehicle exports from South Africa were down 9.2% for the first half of the year compared with the same six months last year, says naamsa | The Automotive Business Council president Billy Tom. This follows a new record, set last year, at 399 594 new vehicles exported. Three-quarters of South... →
GAC Motor arrives in SA with two SUVs, EV to follow next year
By: Irma Venter 11th October 2024 GAC Motor is one of the newest companies to join the inflow of Chinese brands into the South African new-vehicle market. Engineering News Online spoke to GAC Motor South Africa (GAC SA) CEO Leslie Ramsoomar about the prospects for the company in an increasingly crowded sports-utility vehicle... →
Selling Mutlu, stabilising Hesto key as Metair moves towards new strategy
By: Irma Venter 11th October 2024 Selling the troubled Mutlu battery business in Türkiye and continuing stabilisation efforts at Hesto Harnesses are key in returning Metair to solid ground, says CEO Paul O’Flaherty. Announcing the energy storage and auto component group’s financial results for the six months ended June 30 at the... →
VWA operating normally amid rumours of plant closures at German parent company
By: Irma Venter 11th October 2024 Volkswagen Group Africa (VWA) says its Kariega assembly plant, in the Eastern Cape, is operating as normal amid possible plant closures and job cuts at its parent company in Germany. In fact, the local company says it expects exceptional production volumes this year. →
Belgian team claims 2024 Sasol Solar Challenge title
By: Irma Venter 11th October 2024 Belgium’s Innoptus team has secured the 2024 Sasol Solar Challenge title, with the team breaking the daily distance record twice in a row during the competition. The Innoptus team consists of engineering students from KU Leuven. →
SA to host third round of World Rally-Raid Championship
By: Irma Venter 7th October 2024 South Africa has been selected to host the third round of the World Rally-Raid Championship (W2RC). The South African Safari Rally will take place from May 18 to 24 next year. →
Metair to acquire troubled AutoZone chain
By: Irma Venter 4th October 2024 Metair is set to acquire the entire issued share capital of AutoZone Holdings. The JSE-listed Metair is a manufacturer, distributor and retailer of automotive components and energy storage solutions. →
South African delegates hear of Thailand's consistently adapted automotive support policy
By: Schalk Burger 2nd October 2024 Thailand has a national automotive industry policy committee, which includes private-sector and government representatives, that deliberates and then puts in place fixed-term incentives to drive private-sector companies to transition in the agreed-upon direction. This was informed by the effect... →
Business as usual at VWA amid rumours of German plant closures
By: Irma Venter 30th September 2024 Volkswagen Group Africa (VWA) says its Kariega assembly plant, in the Eastern Cape, is operating as normal amid possible plant closures and job cuts at its parent company in Germany. In fact, the local company says it expects good production volumes this year. →
Increased local content, skills transfer attainable targets
By: Lumkile Nkomfe 27th September 2024 The Nedbank Manufacturing Roundtable, held on July 11, in Johannesburg, has highlighted the imperative of greater localisation opportunities and the need to facilitate comprehensive skills transfer in the manufacturing sector. The speakers at this event included financial services company Nedbank... →
Localisation key to unlocking potential
By: Lumkile Nkomfe 27th September 2024 Efforts to catalyse the localisation of the automotive component manufacturing sector are critical to economic development, says financial services company Nedbank Commercial Banking manufacturing national manager Amith Singh. Increased localisation efforts facilitate job creation and security... →
Push to increase component volumes gains impetus – NAACAM
By: Lumkile Nkomfe 27th September 2024 The National Association of Automotive Component and Allied Manufacturers (NAACAM) says the local production of automotive components must increase to foster sustainable economic growth. While the association laments the sizable energy and logistics challenges, it takes comfort in the strategic... →
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