NAAMSA CHAIRMAN CONFIDENT SA MOTOR INDUSTRY CAN OVERCOME ITS MAJOR CHALLENGES

Andrew Kirby, chairman of the National Association of Automobile Manufacturers of South Africa (NAAMSA) and president and CEO of Toyota SA Motors, says he is confident that the local motor industry will overcome its major challenges and that the industry will grow substantially into the future. He was addressing delegates at the NAAMSA Automotive Conference […]

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Battered Rand pushes fuel higher

More fuel price hikes are on their way courtesy of a weaker Rand. This is according to the Automobile Association (AA) which was commenting on unaudited month-end fuel price data supplied by the Central Energy Fund (CEF). “International petroleum prices remained virtually unchanged on average during August,” the Association says.   “But,” it adds, “the […]

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Invitation to AA discussion: Would deregulation lower petrol prices?

The recent spike in fuel prices has caused much consternation and distress. So much so, that the president has set up a committee of ministers to look into the issue. Some media have called it a “fuel price emergency” and pundits have all sorts of ‘solutions’, including deregulation. Is deregulation really a solution? In the […]

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Vehicle manufacturers start opening up after-sales market to independent providers

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 […]

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Strong growth predicted for the second hand car market

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. […]

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