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Selling Mutlu, stabilising Hesto key as Metair moves towards new strategy

By: Irma Venter 26th September 2024 Selling the troubled Mutlu battery business in Türkiye and continuing the 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 on... →

Redisa initiates court action over Waste Tyre Management Plan

By: Tasneem Bulbulia 25th September 2024 Nonprofit organisation the Recycling and Economic Development Initiative of South Africa (Redisa) has approached the Pretoria High Court to review and set aside government’s Industry Waste Tyre Management Plan (IWTMP). Redisa says it has done this as a last measure and with the strong belief that... →

An image showing waste tyres for recycling

Waste tyres offer immense economic potential through processes for re-use in other industries, Redisa says

Belgian team clinches 2024 Sasol Solar Challenge title

By: Irma Venter 23rd September 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. →

Image of the Innoptus solar team from Belgium

The Innoptus team

South Africa’s coalition government triggers wave of investment

By: Bloomberg 23rd September 2024 The formation of South Africa’s business-friendly coalition government has triggered a wave of investment announcements and positive sentiment not seen in years, spurring hope that Africa’s biggest economy may finally be finding its footing after a lost decade-and-a-half. Within days of the... →

ArcelorMittal South Africa CEO Kobus Verster says there is more positive outlook for the country.

Diversification rescues Motus as SA economy struggles

By: Irma Venter 20th September 2024 Motus’s Import and Distribution business took a significant bite out of the automotive group’s profit in the financial year ended June 30, says CEO Osman Arbee. “Minus the importers, we had a great year.” →

Metair to swing to interim losses

By: Creamer Media Reporter 18th September 2024 JSE-listed Metair expects to report a loss a share of between 2.7c and 3.3c for the six months ended June 30, compared with earnings a share of 48c reported for the six months ended June 30, 2023. The company says it is likely to post a headline loss a share of between 2.7c and 3.3c for the six... →

Metair to sell its troubled Turkish operations, return its focus to auto parts

By: Irma Venter 17th September 2024 Energy storage and automotive component manufacturer Metair says it will sell its troubled Mutlu operations in Türkiye to Quexco for R1.95-billion in cash. Mutlu forms part of Metair’s Energy Storage vertical. The business manufactures and trades energy storage products, including lead-acid and... →

Ogihara SA breaks ground on new R1.2bn auto body-part plant in Durban

By: Irma Venter 6th September 2024 CFAO South Africa (SA) subsidiary Toyota Tsusho Africa and Ogihara Thailand have started construction of a new R1.2-billion plant that will produce vehicle body parts for Toyota South Africa Motors (TSAM). The JV will be known as Ogihara SA, with the plant located in the Dube TradePort (DTP), in... →

Metair boasts resilience amid tough first-half market conditions

By: Darren Parker 5th September 2024 In an operational update to shareholders for the six months ended June 30, JSE-listed Metair Investments has said its business verticals demonstrated resilience despite the challenging operating and trading conditions. The company said on September 5 that it had successfully maintained a constant... →

Diversification strategy saves the day for Motus as SA economy bites

By: Irma Venter 3rd September 2024 Motus’s Import and Distribution business took a significant bite out of the automotive group’s profit in the financial year ended June 30, says CEO Osman Arbee. “Minus the importers we had a great year.” →

Osman Arbee

Ogihara SA breaks ground on new R1.2bn auto body-part plant in Durban

By: Irma Venter 22nd August 2024 CFAO South Africa (SA) subsidiary Toyota Tsusho Africa, and Ogihara Thailand, have started construction of a new R1.2-billion plant that will produce vehicle body parts for Toyota South Africa Motors (TSAM). The JV will be known as Ogihara SA, with the plant located in the Dube TradePort (DTP),... →

Andrew Kirby

Six dealerships in hot water with the consumer commission

By: Irma Venter 21st August 2024 The National Consumer Commission (NCC) has referred six car dealerships to the National Consumer Tribunal (tribunal) for adjudication. The NCC received complaints from consumers alleging that these suppliers have contravened the provisions of the Consumer Protection Act (CPA). →

What auto industry wants from government to keep the wheels turning

By: Irma Venter 16th August 2024 South Africa’s seventh administration has taken office amidst a flagging domestic economy desperately seeking traction. The automotive industry, South Africa’s biggest manufacturing industry, has seen vehicle sales declining steadily as embattled consumers increasingly seek the seemingly... →

SA’s automotive prospects clouded by high taxes and exports risks

By: Darren Parker 2nd August 2024 The importance of export growth as an automotive industry strategy is crucial to mitigate the numerous risks associated with South Africa's low growth environment. "We see export growth as a really key strategy to somewhat derisk the South African industry from a low growth environment . . . and... →

Belt kit simplifies drive replacements

26th July 2024 Automotive parts manufacturer Gates’ timing belt component kits offer convenience and easy part sourcing to ensure a dependable and safe complete drive replacement solution, explains automotive, agricultural and heavy-duty aftermarket specialists Universal Parts Group (UPG) Gates product manager... →

An image of Gates PowerGrip timing belt kits

COMPLETE SOLUTION Gates PowerGrip timing belt kits include OEM belts, idlers, tensioners and water pumps

ECape launch for WOW platform to bring taxi industry into the digital age

By: Irma Venter 24th July 2024 The newly launched Wealth On Wheels (WOW) platform is set to roll out technologies such as digital cash payments, fleet and vehicle management systems with GPS, and camera monitoring in minibus taxis. The initiative could assist minibus owners in enhancing their operations and maximising their... →

Balancell expands plant tenfold; seeks govt backing for energy storage industry

By: Irma Venter 22nd July 2024 Energy storage company Balancell is moving into a new R80-million factory in Ndabeni, Cape Town, as the business gears up to grow its capacity roughly tenfold, says chief commercial officer Ian Pieters. The lithium ferro-phosphate battery assembler’s previous plant was limited to 250 MWh capacity... →

First Battery showcases 80 t/d lead-acid battery recycling plant

By: Schalk Burger 17th July 2024 Automotive and industrial battery manufacturer First Battery on July 17 took media on a tour of its battery recycling facility in Benoni Industrial Sites, in Ekurhuleni, where it recycles 80 t of lead-acid batteries a day. The facility features advanced technology to efficiently recycle used... →

Inside First Battery's Benoni battery recycling plant

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... →

A gloved hand holding a securing washer made by Nord-Lock

QUALITY AT HAND BMG distributes CE certified wedge-locking solutions manufactured by Nord-Lock to its South African and sub-Saharan African clients

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,... →

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. →

Image of NADA Dealer Satisfaction Index awards trophy

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... →

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... →

The signing ceremony in Cairo

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... →

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. →

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... →

Ockert Berry

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,... →

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... →

The MBSA plant in East London

Volkswagen, Isuzu pour cold water on South Africa’s EV ambitions

By: Bloomberg 11th June 2024 Volkswagen and Isuzu Motors have expressed skepticism about South Africa’s plans to develop electric and hydrogen-powered vehicle industries. While the government in February announced that automakers will be allowed to claim a 150% tax deduction on investment in facilities to make the vehicles,... →

Volvo to issue world's first EV battery passport ahead of EU rules

By: Reuters 4th June 2024 Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to start production, the Swedish automaker told Reuters. The passport was developed by Volvo, which is... →

ECDC announces R50m scheme to boost small black auto businesses

By: Irma Venter 3rd June 2024 The Eastern Cape Development Corporation (ECDC) has launched a R50-million blended finance scheme to aid emerging Eastern Cape-based micro, small and medium-sized automotive component suppliers, as well as aftermarket service providers. ECDC CEO Ayanda Wakaba says the focus of the Automotive... →

Image of ECDC CEO Ayanda Wakaba, ECDC board member Pumeza Bija, Cacadu Development Agency CE Eldrid Uithaler and African Panelbeaters and Motor Mechanics Association president Sisa Mbangxa

ECDC CEO Ayanda Wakaba, ECDC board member Pumeza Bija, Cacadu Development Agency CE Eldrid Uithaler and African Panelbeaters and Motor Mechanics Association president Sisa Mbangxa

How it’s made: A new Ford Ranger every two minutes

By: Irma Venter 31st May 2024 Ford’s Silverton manufacturing plant, in Pretoria, is one of five global manufacturing hubs for the Ranger bakkie. The plant is able to produce up to 200 000 vehicles a year and, based on three-shift 24-hour production, it is capable of producing up to 720 vehicles a day – or one vehicle every... →

See how a Ford Ranger is assembled at the Silverton plant in Pretoria

Stellantis plant site being readied for construction

By: Irma Venter 31st May 2024 The Coega Development Corporation (CDC) has started to prepare the site at the Coega Special Economic Zone for the construction of the new Stellantis vehicle-assembly plant, says the Department of Trade, Industry and Competition (dtic). The CDC is supplying the land on which the factory will be... →

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