3 Sep 2013

Automotive

King to pawn...

In an expensive "game of chess", Dave King has finally sorted out his tax issues with SARS and will end up paying over R700m to SARS. As he puts it: "When this tax dispute arose many years ago, I took a conscious decision not to cooperate with the authorities. That was a mistake."

Still on the money front, Satawu says SAA can afford the 12% increase the union is demanding, but if you want to get away from it all... the strikes, the demands, the claims and counter-claims, then Mango has come to your rescue with a scheduled service between Johannesburg and Zanzibar.

Talk about a captive audience... but a nice gesture, so one hopes the inmates took the lessons to heart when Ligwalagwala FM set out to motivate the inmates of Middelburg Prison with a live radio show aimed at discouraging criminal elements and activities amongst youths.

Finally, while no show-off himself, and with no hint of a swagger (but still quite the charmer), our tame motoring editor Henrie Geyser reckons the Renault Clio is a swaggering charmer.

Rod Baker, Content Director

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Weekly top stories

Ford, Mazda announce future plans in SA
PRETORIA: Ford Motor Company of Southern Africa (FMCSA) and Mazda Motor Corporation (MC) announced recently that FMCSA has decided to return Mazda distribution rights for Southern Africa to MC. The transition is expected to take place in approximately one year. Read more >>
Clio is a swaggering charmer
[Henrie Geyser: motoring editor]
New reversing system for trucks

Automotive
JMC increases investment in SA
Since their launch in South Africa in 2010 Jiangling Motors (JMC) is steadily driving a niche into the South African motor industry. This was confirmed with their recent acquisition of the local Changan motor vehicle brand and launch of the Changan Star II truck range. Read more >>


Components & Parts
New reversing system for trucks
A camera system for trucks and trailers designed to assist the driver with reversing is now being marketed and distributed by Serco and Ikhaya Automation. The system has an in-cab LCD screen linked to a rear mounted camera. Read more >>


Manufacturing
Numsa refuses vehicle makers' wage offer
[Karl Gernetzky] The National Union of Metalworkers of SA's (Numsa's) 30‚000 members in the vehicle manufacturing sector have refused a wage offer tabled by vehicle manufacturers and have demanded further improvements‚ Numsa general secretary Irvin Jim said on Friday (30 August). Read more >>

Metair's profits of R274.2m in six months
Automotive industry manufacturer and distributor Metair Investments has reported diluted headline earnings per share of 140c for the six months to June fractionally higher than the 139c a share in the same period last year. Read more >>

Geely, Volvo to start production of new vehicle
Geely South Africa's Chinese parent company, Geely Automobile Holdings, who bought Volvo Cars in 2010, is set to start production of vehicles jointly developed with the Swedish company. Read more >>


Motorcycles
Harley-Davidson partners with local celebs
Harley-Davidson Africa has selected three of South Africa's popular personalities to participate in the brand's ambassador program as part of its Iron Elite campaign - a drive celebrating Black African riders as a whole. Read more >>


Repair & Maintenance
Santam 9% gross premium growth in six months
The country's biggest short-term insurer‚ Santam‚ experienced difficult underwriting conditions during the six months to June that severely hurt the underwriting result‚ causing a substantially lower net margin of 1.3% compared with 6.1% achieved in the same period last year. Read more >>


Retail
DA says Sanral knew e-tolls were opposed
[Mpho Raborife] The South African Roads Agency Ltd (Sanral) already knew in 2009 that people opposed the e-tolling project, the DA said in Monday (2 September). Read more >>

August new vehicle sales down 0.3% y/y
Aggregate new vehicle sales of 56‚112 units for August this year reflected a decline of 0.3% or 155 vehicles from the 56‚270 units sold in August last year‚ the latest National Association of Automobile Manufacturers of SA (Naamsa) figures released on Monday (2 September) show. Read more >>

Clio is a swaggering charmer
[Henrie Geyser: motoring editor] Clio has been an international best-seller and brand-builder for Renault for the past 23 years and the latest model strides with all the cockiness befitting a little champion that has won a string of international accolades that other manufacturers can only envy. Read more >>

Nissan GT-R is ladies' Dream Drive
[Henrie Geyser: motoring editor] The scorchingly fast Nissan GT-R super sportscar has won the 'Dream Drives' category in the 2013 Women's Car of the Year (WCOTY) awards. Read more >>


International

Nissan to have self-driving car on market in 2020
WASHINGTON, USA: Motorists could go hands-free, leaving their cars' computer brains fully in charge, as early as 2020, when Nissan says it plans to have a self-driving vehicle ready for the market Read more >>


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