How car buyers can survive Junk Status
Following the recent economic downgrades by international credit ratings agencies, South Africa’s ailing economy is set to its toll on motorists and new car buyers. According to WesBank, the South Africa’s largest vehicle finance provider, the country’s economic hardships will be felt by both motorists who have existing credit... Read more
Tata, VW, Skoda in development deal
Tata Motors has announced the signing of a Memorandum of Understanding (MoU) for a long-term partnership with Volkswagen Group and its Czech affiliate Skoda Auto,  to explore strategic alliance opportunity for joint development of products. The agreement has been signed by Guenter Butschek, CEO & MD of Tata Motors, Matthias... Read more
WESBANK, South Africa’s leading vehicle and asset finance provider, has forecast that 2017 will see minor growth in the new vehicle sales industry. The past three years have seen sales decline, with 2016 sales falling a massive 11.4% – based on WesBank’s prediction that sales would tumble 12%. For... Read more
Phase 1 of FAW Coega investment will create 500 jobs
First Auto Works of China (FAW) signed a lease agreement with the Coega Industrial Development Corporation this morning that will see a state-of-the-art truck assembly plant constructed on 10 000 square metres in Zone 2 to produce 5 000 units a year and create 500 permanent jobs. Construction of... Read more
A dedicated project team to run the Integrated Public Transport System will be in place by January next year at the latest. A report to the Infrastructure, Engineering and Energy Committee on Friday on spending of the directorate’s capital budget, states that the R200 million for post-World Cup projects... Read more
THOMAS Schaefer, Chairman and Managing Director of Volkswagen Group South Africa (VWSA) together with employees and management of vehicle assembly give thumbs up to welcome the 1,250,000th Polo produced at the Volkswagen’s Uitenhage manufacturing factory. The milestone also marked 21 years of the production of Polo in South Africa.... Read more
THE new PEUGEOT 3008 was named the 2017 Car of the Year on Monday 6 March in Geneva by a judging panel comprising 58 European journalists. The judging panel acclaimed its style, interior design and performance. This prestigious trophy joins the twenty other prizes the new PEUGEOT 3008 has already... Read more
Focus on economy markets: Volkswagen establishes new sub-Saharan African region
The Volkswagen brand is progressing with its regionalisation strategy and has established the sub-Saharan African region to develop and strengthen the African market. Sub-Saharan Africa is a geographical term used to describe the area of the African continent which lies south of the Sahara. The new fourth region joins... Read more
RETAILING 3,086 units, Hilux took overall honours in February as SA’s best-selling vehicle, boosting Toyota’s total sales tally to 10,780 units with a market share of 22,4 percent. This means that Toyota has once again secured the title of most popular automotive brand in the country. Commenting on Toyota’s... Read more
Ford South Africa announced that progress has been made with the implementation of the safety recall for the 1.6-litre Ford Kuga. More than 63% of the affected vehicles have already been repaired and returned to their owners, who can now enjoy ongoing peace of mind. The company emphasises, however,... Read more