China, India, Africa and Indonesia are Expected to Deliver Maximum Sales of Mid-market Value Trucks

 MOUNTAIN VIEW, Califiornia, Nov. 19, 2015 /PRNewswire/ -- The convergence of premium and low-cost trucks has led to the evolution of a mid-market segment, referred to as value trucks. Medium-  Read More..

Posted on : 21 Nov,2015

‘VW emissions scandal has not affected sentiment in SA’

 JOHANNESBURG – The negative sentiment in some parts of the international automotive market in the wake of the Volkswagen emissions scandal has not found its way to South Africa,  Read More..

Posted on : 18 Nov,2015

BMW will build X3 in South Africa to ease pressure on U.S. plant

 JOHANNESBURG (Bloomberg) -- BMW will build its X3 in South Africa to ease pressure on its U.S. factory that specializes in SUV output.   BMW today said it will invest more than 6 billion  Read More..

Posted on : 17 Nov,2015

SA, Russia hold fruitful talks on ITEC

 PRETORIA: South Africa and Russia have held fruitful discussions at the 13th session of the Joint Intergovernmental Committee on Trade and Economic Cooperation (ITEC). Speaking following the  Read More..

Posted on : 16 Nov,2015

Uber, Wesbank in R200 million car rental deal

Driver-partners of internet ride-sharing service Uber will have easier access to cars following a R200m agreement with vehicle finance provider WesBank and FirstRand's enterprise development fund  Read More..

Posted on : 13 Nov,2015

South Africa: Govt Committed to Growth of Automotive Industry

Pretoria — Trade and Industry Minister Rob Davies says government remains committed to the development of the automotive industry in line with the National Industrial Policy Framework (NIPF)  Read More..

Posted on : 11 Nov,2015

Truck sales track tough economic climate in SA

The local truck industry has recorded its ninth consecutive month of decline during October, despite the market showing some signs of recovery over recent weeks. According to the latest combined  Read More..

Posted on : 09 Nov,2015

Nigeria has potential to become hub of Africa’s automotive industry – report

A new report on the automotive industry in Nigeria released by PricewaterhouseCoopers (PwC) says that Nigeria has the potential to become the hub of Africa’s automotive industry. The report  Read More..

Posted on : 09 Nov,2015

Indonesia to host initiatives for capacity building in Asia-Africa

 Jakarta (ANTARA News) - The government of Indonesia, through the Ministry of Foreign Affairs, will undertake several capacity building initiatives to strengthen development cooperation among  Read More..

Posted on : 06 Nov,2015

Hinduja bets big on Africa; to invest $1 bn in automotive, oil, chemicals, trading & infrastructure sectors

 MUMBAI: Hinduja Group has identified Africa as its next big frontier for growth and has committed to pump in $1 billion across sectors over the next five years.  Calling for a unified  Read More..

Posted on : 05 Nov,2015