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Components News
Tesla's vision of EVs without rare earths will spur magnet race
By: Bloomberg 20th March 2023 Tesla’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials. Model 3 and Model Y powertrains have already reduced consumption of heavy... →
Lexus set to be first in Toyota stable to dip toe in local electric vehicle market
By: Irma Venter 20th March 2023 Toyota’s premium vehicle arm, Lexus, is set to launch two battery electric vehicles (EVs) in the local market in the next two years. The introduction of these vehicles will most likely be the Japanese car maker’s first entry into the South African EV market. →
uYilo e-Mobility Programme celebrates 10-year milestone
By: Irma Venter 15th March 2023 The uYilo e-Mobility Programme is a decade old this year. The programme, aimed at enabling the ecosystem for electric mobility in South Africa, was established in March, 2013, as an initiative of the Technology Innovation Agency (TIA). →
Challenges ahead as dealerships move to EVs, says LMG’s Dipela
By: Irma Venter 15th March 2023 Legacy Motor Group (LMG) chairperson and shareholder Mpho Dipela says dealerships in South Africa face “significant challenges” as they participate in the transitioning to electric vehicles (EVs). At the end of 2021, there were more than 16.5-million electric cars on the road worldwide, with this... →
Stellantis MoU targets finalising an assembly plant solution for the local, export markets
By: Irma Venter 14th March 2023 Global automotive group Stellantis announced last week that it has signed a memorandum of understanding (MoU) with the South African government’s Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (DTIC) to develop a manufacturing facility in the... →
R66bn worth of component exports at risk from move to EVs, but it’s not all bad news – Naacam
By: Irma Venter 14th March 2023 Catalytic converters, engine parts, engines, clutches/shaft couplings, silencers/exhausts and ignitions/starting equipment are the component groupings most at risk from the global move to electric vehicles (EVs), as they are not required in these types of vehicles, says National Association of... →
Purchase subsidy would be ‘most appropriate’ EV incentive model – Naamsa
By: Irma Venter 10th March 2023 Naamsa | The Automotive Business Council has proposed the “provision of a direct, fixed new-energy vehicle purchase subsidy” as the most appropriate incentive model to support South Africa’s move to electrified vehicles (EVs). EVs include battery electric vehicles (BEVs), hybrid electric vehicles... →
Transformation at dealerships ‘woefully slow’, says Legacy Motor Group chairperson
By: Irma Venter 10th March 2023 The pace of transformation within vehicle dealerships remains woefully slow, and urgent action is needed if the automotive industry is to achieve true transformation, warns Legacy Motor Group chairperson and shareholder Mpho Dipela. “A lack of diversity and representation in dealerships has... →
Two furnace tech providers join forces
10th March 2023 Parts formation provider Norican’s Monitizer platform and furnace equipment supplier ABP’s Digital Services announced an agreement had been made in February to interface their products in an effort to advance foundry digitalisation. Monitizer and ABP Induction Systems will build links between... →
Continued research makes for better die-cast materials
By: Halima Frost 10th March 2023 Steel and technology group Voestalpine boasts a strong footprint in the supply of metals used in various die-casting applications and strives, through continuous research, to further expand its product and reach in South Africa and Africa. The company says researchers at its mills, in Austria and... →
Metair expects 105% knock to earnings in FY22
By: Marleny Arnoldi 9th March 2023 JSE-listed energy storage and automotive components manufacturer Metair advises that its earnings per share (EPS) and headline earnings per share (HEPS) for the financial year ended December 31 will be at least 105% and 104% lower, respectively. EPS and HEPs will, therefore, be at least 369c... →
Stellantis, DTIC and IDC sign framework agreement to make vehicles in SA
By: Irma Venter 8th March 2023 Stellantis has signed a memorandum of understanding with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (DTIC) to develop a manufacturing facility in South Africa. Stellantis sells the Jeep, Alfa Romeo, Fiat, Citroën, Opel and Peugeot brands in... →
Fingerprint sensor, Mercedes-Benz Pay+ turn the car into a payment device
By: Irma Venter 6th March 2023 The mobility evolution continues at breakneck speed as Mercedes-Benz customers in Germany are now able to authenticate payments via an in-car fingerprint sensor. With a new digital payment service called Mercedes Pay+, Mercedes-Benz introduces what it calls ‘native in-car payments’. →
New electric buses are locally assembled, stress-tested – UJ
By: Irma Venter 3rd March 2023 The University of Johannesburg (UJ) has purchased two battery electric buses to ferry students between its various campuses. The decision to roll out the buses follows a test period last year during which the university used a similar demonstration vehicle as a campus residence shuttle, says UJ... →
Provisional antidumping duties slapped on Chinese windscreens
By: Irma Venter 3rd March 2023 The International Trade Administration Commission of South Africa (Itac) has imposed provisional antidumping duties on vehicle windscreens imported from China, varying from 18.36% to 26.6%. Itac has initiated an investigation into the alleged dumping of windscreens from China for use in the... →
Motus to spend R250m in next 18 months on alternative energy sources
By: Irma Venter 3rd March 2023 With no light discernible at the end of the Eskom tunnel, mobility group Motus will spend R250-million over the next 18 months to install alternative energy generation sources, such as solar power, at its facilities. A global shortage of batteries meant that it was impossible to implement a... →
Locally made Goodyear tyres certified as Proudly South African
By: Schalk Burger 2nd March 2023 Tyres produced locally by tyre manufacturer Goodyear South Africa have been certified as Proudly South African by the buy local advocacy campaign. “The certification means Goodyear’s tyres that are pressed out of the company’s manufacturing plant in Kariega, in the Eastern Cape, are deemed as... →
Naamsa disappointed in lack of Budget support for new-energy vehicles
By: Irma Venter 28th February 2023 Naamsa | The Automotive Business Council says it is disappointed that last week’s National Budget Speech made no “solid commitment” to a support programme for the manufacturing of new-energy vehicles (NEVs) and NEV components in the country. Naamsa said Finance Minister Enoch Godongwana did not... →
Ford SA starts exports of new Ranger bakkie
By: Irma Venter 24th February 2023 Ford South Africa (SA) has started exports of the new-generation Ranger from its Silverton plant in Pretoria. The pick-up is being shipped to more than 100 markets, with Europe the largest export destination. →
VWSA jumpstarts new supplier through B-BBEE Initiatives Trust
By: Irma Venter 23rd February 2023 Through the ongoing support of Volkswagen’s Broad-based Black Economic Empowerment (B-BBEE) Initiatives Trust, a former employee of Volkswagen Group South Africa (VWSA) has been able to realise his dream of becoming a business owner – and a supplier to his former employer. MCR Plastics co-owner... →
Motus to spend R250m in next 18 months on alternative energy sources
By: Irma Venter 21st February 2023 With no light discernible at the end of the Eskom tunnel, mobility group Motus will spend R250-million over the next 18 months to install alternative energy generation sources, such as solar power, at its facilities. A global shortage of batteries meant that it was impossible to implement a... →
KAP’s interim revenue up 12%, but earnings down 2% on lower demand
By: Donna Slater 21st February 2023 Diversified industrial, chemical and logistics group KAP Industrial increased its revenue for the six months ended December 31 by 12% year-on-year to R15.26-billion but earnings before interest, taxes, depreciation and amortisation decreased by 2% to R2.2-billion. Operating profit before capital... →
Naamsa proposes purchase subsidy as the ‘most appropriate’ EV incentive model
By: Irma Venter 20th February 2023 Naamsa | The Automotive Business Council has proposed the “provision of a direct, fixed new-energy vehicle purchase subsidy” as the most appropriate incentive model to support South Africa’s move to electrified vehicles (EVs). EVs include battery electric vehicles (BEVs), hybrid electric vehicles... →
Group stresses importance of correct lubrication
17th February 2023 Industrial products provider BMG stresses that to achieve optimum performance and extended life of components like bearings, mill gear and industrial chain, correct lubrication is as important as the appropriate selection of each part. Although a general multipurpose grease or oil is adequate in... →
Loadshedding hurting SA auto sector’s ability to compete globally
By: Irma Venter 17th February 2023 Data from a survey the National Association of Automotive Component and Allied Manufacturers (Naacam) conducted in January indicates that the recent months of prolonged loadshedding have resulted in a substantial drop in monthly production and turnover among its manufacturing members. In... →
Substantial stock moved through largest branch
By: Halima Frost 17th February 2023 Lubricants manufacturer FUCHS Lubricants South Africa reports that almost 1 000 different products moved through its Durban, KwaZulu-Natal branch last year. The Durban branch, the largest in the FUCHS group, spans more than 1 450 m2 and has 15 staff members comprising permanent and contract workers. →
Lubricant oil range and reach extended
17th February 2023 Furthering its endeavour to innovate and redefine the automotive lubricants product segment, India-based manufacturer Assurance International Limited unveiled its new range of lubricant oils last month and extended its distribution in the South Asia, Southeast Asia, Australia and New Zealand... →
Provisional antidumping duties placed on windscreens from China
By: Irma Venter 16th February 2023 The International Trade Administration Commission of South Africa (ITAC) has imposed provisional antidumping duties on vehicle windscreens imported from China, varying from 18.36% to 26.6%. ITAC has initiated an investigation into the alleged dumping of windscreens from China for use in the... →
Mercedes-Benz Vans SA to launch electric Sprinter by 2024, minibus set to follow
By: Irma Venter 16th February 2023 Mercedes-Benz Vans South Africa will introduce the new battery electric Sprinter (eSprinter) panel van to the local market in 2024. “As we embark on a new era of sustainable mobility, we are proud to announce that the eSprinter will arrive in South Africa by 2024,” says Mercedes-Benz Vans South... →
SATMC to focus on proactive steps to combat waste tyres, industry challenges
By: Schalk Burger 15th February 2023 Industry organisation the South African Tyre Manufacturers Conference (SATMC) says its top priorities for this year are to take proactive steps in concert with its members and in collaboration with supply chain and government partners to overcome the challenges facing the industry, including poor... →
Toyota SA to invest R800m-plus in renewable energy as it flags loadshedding as a ‘big concern’
By: Irma Venter 10th February 2023 Toyota South Africa Motors’ (TSAM’s) Prospecton production complex in Durban will move to 100% renewable energy by 2028, in an investment that will cost north of R800-million, says president and CEO Andrew Kirby. TSAM will have to carry the cost of the investment, and not its Japanese parent... →
(Almost) Wholly Sustainable
By: Irma Venter 3rd February 2023 The Goodyear Tire & Rubber Company has unveiled a demonstration tyre comprised of 90% sustainable materials. This demonstration tyre has passed all applicable regulatory testing in the US, as well as the company’s internal testing procedures. →
Dunlop looking to sponsor township startups
By: Irma Venter 3rd February 2023 Tyre manufacturer Sumitomo Rubber South Africa (SRSA) is on the hunt for 48 township entrepreneurs who could qualify for startup support to run their own local tyre centres. SRSA is the manufacturer of the Dunlop brand and has launched the business-in-a-box concept as an extension of its Dunlop... →
Auto chip shortages to persist until 2031 but easing for advanced variants forecast as consumer electronics demand slows
By: Irma Venter 3rd February 2023 Fitch Solutions says the global shortage of semiconductors in the automotive industry will remain a risk for automakers over its 2023 to 2031 forecast period. “That said, we highlight that the shortage will vary within the automotive sector.” →
Hino SA grows sales by 9.4% despite 41-day plant shutdown
By: Irma Venter 3rd February 2023 Hino South Africa posted sales of 3 333 trucks for 2022 – 9.4% higher than the figure for 2021, but still 417 units below the retail sales target of 3 750 units originally set for last year. This growth follows a swift recovery from the 41-day shutdown of its Durban plant, owing to flooding in... →
Loadshedding is hurting the global competitiveness of SA’s auto sector, warns Naacam
By: Irma Venter 2nd February 2023 Data from a survey the National Association of Automotive Component and Allied Manufacturers (Naacam) conducted in January indicates that the recent months of prolonged loadshedding have resulted in a substantial drop in monthly production and turnover among its manufacturing members. In... →
New-vehicle sales up 4.8% in January, exports down 1.8%
By: Irma Venter 1st February 2023 New-vehicle sales increased by 4.8% in January, to 43 509 units, compared with the same month last year. New-passenger-car sales gained 2.9%, to 31 072 units. →
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