Decline of new cars being purchased in South Africa

As first reported by the National Association of Automobile Manufacturers of SA (NAAMSA), new car sales have dipped 13% compared to September last year. This is a serious concern for the automotive  Read More..

Posted on : 02 Nov,2015

Luxury Carmaker Daimler To Open Branch In Southern Africa For Commercial Vehicles

Daimler, the second-largest truck manufacturer in the world, plans to open six new regional centers around the world for commercial vehicles including one in Southern Africa, according to a report in  Read More..

Posted on : 02 Nov,2015

PWC: Nigeria's Auto Industry to Produce 4m Cars Annually by 2050

PricewaterhouseCoopers (PWC) on Thursday predicted that the Nigerian auto industry is expected to produce about four million cars annually by 2050, noting that given the nation’s growth  Read More..

Posted on : 02 Nov,2015

New Korando focused on 'SA buyers' needs'

Cape Town - SsangYong has launched an updated Korando in South Africa. At the same time, Mahindra SA, which distributes SsangYong vehicles locally, has streamlined the model offering, focusing on  Read More..

Posted on : 02 Nov,2015

Transnet Earnings Gain on Higher Iron-Ore, Container Volumes

 Transnet SOC Ltd., South Africa’s state-owned ports and rail operator, said first-half earnings rose 9 percent as higher iron ore and container volumes offset weaker coal  Read More..

Posted on : 29 Oct,2015

Addressing the SA automotive parts challenge through a streamlined supply chain

 Despite the competitiveness of the South African automotive industry, questions around the affordability and availability of spare parts and maintaining the sustainability of the sector  Read More..

Posted on : 28 Oct,2015

Vanguard secures four automotive press contracts

 The efficiency and growth of automotive component manufacturing has been prioritised by government's Automotive Production and Development Programme, which aims to raise the volume of cars  Read More..

Posted on : 22 Oct,2015

Ford Motor Company Price Target Raised to $20.00 (F)

 Ford Motor Company (NYSE:F) had its target price increased by Goldman Sachs from $19.00 to $20.00 in a research report report published on Wednesday, StockTargetPrices.com reports.   In  Read More..

Posted on : 20 Oct,2015

MTN synergises with Abuja Motor Fair

 MTN Nigeria Limited, one of the leading and widest telecommunications companies in the country will be playing a significant role at the forthcoming 17th Abuja International Motor  Read More..

Posted on : 20 Oct,2015

S.Africa: Automotive manufacturer waste to power plant online

 In South Africa, automotive manufacturer BMW’s 4.4MW waste to power plant has started generating power for the Rosslyn manufacturing plant in Pretoria, bringing the firm closer to  Read More..

Posted on : 20 Oct,2015