Global ad spend on the rise

NEW YORK, US: Global ad spend increased 12.8%* in the first six months of 2010 when compared with the same period in 2009 and totalled 238 billion USD - driven by booming emerging markets and a return to double-digit ad spending in automotive, durables, fast moving consumer goods (FMCG), financial services, and telecommunications. 12 Oct 2010 10:42

Bay in line for electric car project

[Bobby Cheetham] Nelson Mandela Bay has been short-listed to produce South Africa's first electric-powered vehicle in a R5,5-billion project that will create 10 000 direct and indirect permanent jobs once operational. 21 Oct 2009 13:17

British car sales jump 11.4% on back of scrap ‘n cash scheme

Sales of new cars in Britain leapt 11.4% in September, thanks to the success of a government-backed scrapping scheme, industry body the Society of Motor Manufacturers and Traders said on Tuesday. 8 Oct 2009 13:15

Decline in truck sales starts to slow

[Artwell Dlamini] Vehicle manufacturers expect the precipitous decline in the truck market to bottom out in the second half of this year. Last week manufacturers said the rate of decline in new truck sales was stabilising. 6 Jul 2009 14:57

Vehicle sales recovery likely towards year end

New car and light commercial vehicle sales are expected to remain under pressure through the third quarter of 2009, the National Association of Automobile Manufactures of South Africa (NAAMSA) said in its latest quarterly review released on Friday, 15 May 2009. 21 May 2009 12:09

Rescue plan for battered motor industry kicks in

[Sipho Masondo] The Industrial Development Corporation (IDC) has started paying out desperately needed loans to save companies in the motor industry which face closure because of plummeting vehicle sales. 21 May 2009 12:08

GM gives word on Opel

[Artwell Dlamini] General Motors SA (GMSA) reaffirmed yesterday that Opel was an “important part” of the local group. 24 Apr 2009 09:54

Used-car sales outperform new car sales

Consumers are still looking for bargains at both used-car showrooms and auction houses, taking full advantage of the declining prices. 24 Apr 2009 09:41

Toyota stays ahead of VW in top spot

Toyota Motor said Thursday it had sold about 1.76 million vehicles worldwide in the first quarter of 2009, staying ahead of Germany's Volkswagen in the race to be this year's top selling automaker. 24 Apr 2009 09:37

Car auctions boom in weak economy

[Artwell Dlamini, Transport Correspondent] Car auctions are lucrative business for auction houses at the moment. 16 Apr 2009 12:58

Ford SA to produce new diesel engines

Objectives are on target for Ford South Africa‘s engine plant in Mandela Bay to be producing a new engine line-up next year, company president and chief executive Hal Feder has confirmed. 16 Apr 2009 09:19

News on car industry rescue ‘within days'

[Artwell Dlamini, Transport Correspondent] The Department of Trade and Industry said on Wednesday 15 April 2009 it was still in consultation over what specific measures to take to rescue the ailing motor industry, which is facing a deepening crisis. 16 Apr 2009 08:42

Luxury car makers taking strain

The economic crisis has stunned even the venerable Mercedes-Benz SA. Right now, the German-owned group is temporarily closed as it scrambles to cut costs and adjust itself to fragile new premium car sales. 15 Apr 2009 14:46