The Right to Repair (R2R) Campaign is celebrating the decision by Volkswagen (VW) to make several changes in relation to the independent aftermarket. They hope this move signals a willingness by manufacturers to start opening up the after-sales market to independent providers. “Thanks to the process started by the Competition Commission, we believe VW is […]Continue Reading
Fuel prices look set for another jump going into July. This is according to the Automobile Association (AA) which was commenting on unaudited mid-month fuel data released by the Central Energy Fund (CEF). “Since the start of June, the Rand has steadily weakened against the US dollar, with the average cost per dollar having climbed […]Continue Reading
Fuel prices will jump to record highs in June on the back of stronger international oil prices, and a deficit carried over from April. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel data released by the Central Energy Fund (CEF). The Rand traded in a fairly narrow […]Continue Reading
Recent trends have shown that pre-owned car sales are far outweighing new car sales. In TransUnion’s latest quarterly report, the Vehicle Price Index (VPI), which analyses monthly data it receives from dealers, vehicle financiers and banks throughout the country, it states that vehicle financiers are financing 2.22 used vehicles for every single new vehicle bought. […]Continue Reading
Almost 75% of prospective new car owners say their purchase decision will be influenced by whether a car has been crash tested – and safety rated. This is one of the findings of a new survey recently conducted by the Automobile Association (AA). And, 81% of these prospective buyers say the ratings of vehicles will […]Continue Reading
The announcement of a VAT price hike of 1% from 14 to 15% last month was a blow for the South African consumer. Prices for everything except food and energy is expected to grow by 2.4% compared with last year’s 1.7%, according to Kiplinger.com, while medical care will go up 2.8% versus 1.6% and all […]Continue Reading
Happy New Year to all our loyal customers and visitors to the site. In 2018 , we vouch to continue providing you with the latest news and developments emanating from the local and international tyre sector whilst also providing access to the digital format of SA TREADS magazine, now in its 24th year of circulation. […]Continue Reading
Research and market analysis firm Nomura is predicting a relatively quiet first half of the year for South Africa, but expects things to shake up in the second half of the year as the ANCs elective conference comes into view. This according to Business Tech, which went on to say that political instability should keep growth weak, albeit stronger than in 2016.
And despite avoiding a cut to junk status in 2016, the risk remains in 2017, with a mid-and-end-year chance to be cut due to slower growth. However,
should finance minister Pravin Gordhan to be booted for his position, chances are extremely high that would lead to an instant cut to junk, Nomura warned.
The latest print issue SA Treads December 2016 Issue is out.
- Franchising in the spotlight – is retail sector under threat?
- Expansion is major focus for CTSA – an exclusive with Shaun Uys
- SATMC puts worn tyres to the test
- Tubestone to market Pirelli truck tyres
- iWantTyres now open to industry at large
With the end of the year nearing, the Automobile Association (AA) has urged motorists to make provision now to get their vehicles serviced, checked, and roadworthy, to ensure they do not run out of time before leaving on holiday.Continue Reading