Transport and fleet management company Super Group has concluded a deal valued at almost R1bn to buy a number of Mercedes-Benz dealerships and property in the Western Cape. Super Group said yesterday the net asset value of the transaction, which is subject to regulatory approval, was between R880m and R900m.
Fifi Peters 19 May 2016
New vehicle sales continued to decline in September with Naamsa reporting a 12% decrease over the corresponding month last year. Total industry sales for September were calculated at 55,733 (including “unreported” AMH sales) which represents a 14% decline over the previous month.
The large number of approaches concerning finance problems received by the Motor Industry Ombudsman, are a clear indication that motorists generally are not aware of the implications of buying a vehicle, according to Ombudsman Johan van Vreden.
General Motors South Africa (GMSA) sold 8,238 new vehicles in August with passenger vehicles topping the list at 4,027, followed by 3,952 Light Commercial Vehicles (LCV) and 259 trucks.
Subaru Southern Africa (SSA) has formalized its pre-owned vehicle business with the introduction of the Subaru Six Star Pre-Owned programme, launched recently as an expansion of the franchise.
Many parents and others who transport children are ignorant of the importance of correct safety restraints for small children to ensure their safety.
Total vehicle sales for the month of July came in at 58,843 with passenger sales accounting for 36,874 units and commercial vehicles accounting for 18,484 units. The figures were 6% down on the corresponding month of 2006, but 6% up on the June 2007 figures.
During June 2007 a total of 34,142 new passenger cars were sold in South Africa. Total new passenger car sales in June declined by 4.4% when compared to May 2007, and shows a 19.5% decrease when compared to June 2006. This brings the total number of new car sales for the period January to June 2007 to 6.8% below the level achieved during the same period in 2006.
From decades-old motor sport icons to modern symbols of motoring excellence… they were all there at the Goodwood Festival of Speed, the world's premiere gathering of motor sport legends – those in the metal as well as the men and women.
Toyota has announced a significant milestone for the company with sales of Toyota's hybrid Prius topping the one million mark. Total sales of these fuel efficient, low emission vehicles reached 1,047,000 on 31 May.
Paddy Driver, a legend in South African motor sport, has been invited to join in the fun as the Isle of Man celebrates the 100th anniversary of the TT, the famous motorcycle road race, during the first week of June.
The G8 must act to ensure new road development does not lead to more deaths on African roads, Archbishop Emeritus Desmond Tutu has warned in advance of an African road safety conference.
After a serious makeover spanning seven months, Volkswagen of South Africa’s AutoPavilion now features a host of multimedia attractions that will draw even more visitors to Uitenhage, the base of the auto manufacturer.