Tracker buy-out worth $434-million

Private equity fund Actis has led a consortium that has concluded a management buy-out of Tracker in a deal worth $434-million or R3,9-billion. Read more >>

Mixed bag competing for SA Car of the Year

[Henrie Geyser: motoring editor] A mixed bag of 10 French, Italian, German and Korean vehicles have made it through to the finals for the 2012 South African Car of the Year competition. The finalists were determined in a vote by the full members and a jury made up of 30 selected members of the South African Guild of Motoring Journalists (SAGMJ). Read more >>

Labour and logistics put a damper on SA's auto competitiveness

Global cost competitiveness affecting South Africa's automotive industry remains problematic for the local industry, especially in terms of labour and logistics, said National Association of Automobile Manufacturers of South Africa (Naamsa) president and Volkswagen Group South Africa MD David Powels. Read more >>

New head office for Hyundai Automotive SA

The car manufacturer Hyundai has announced the breaking of ground for its new head office in Bedfordview, Johannesburg - a building that will aim to reach a 4-star accredited green rating. Read more >>

Positive domestic sales figures misleading: experts

As the National Association of Automotive Manufacturers of SA reported a year-on-year 30% rise in new vehicle sales last month to 54364, the highest figure since October 2007, experts warned that the very positive domestic sales figures were artificially created by a rush on showrooms caused by rand weakness. Read more >>

New car sales still revving high

[Henrie Geyser: motoring editor] New car sales of 37 832 units during September were 26.2% up on the same month last year thanks to a strong demand from car rental companies which accounted for 21.4% of total new car sales. Of the total number of new cars sold in September, one out of every five were acquired by the car rental industry. Read more >>

Fabian joins The Foschini Group

Leading retailer group TFG (The Foschini Group) has bought niche luxury menswear brand Fabiani, effective from 1 October 2011. Established in 1978 by Arie Fabian and renowned for the exceptional cut of its suits, highest quality fabric and powerful design details, it expanded its offer to include casual clothing, shoes and fashion accessories and is considered one of the leaders in the luxury menswear market. Fabian will join the group as the brand director. Read more >>

Marketing lessons from Steve Jobs

[Chris Moerdyk: @chrismoerdyk] Look closely at the marketing strategies used by Steve Jobs and other visionaries and the first thing that comes to mind is the realisation that marketing is not a democratic process and that those who are really successful at it are, yes, visionaries. Read more >>

Bok tragedy!

[Corné Krige] I am only 36 years old, but one of the many valuable lessons I have learned is that life isn't fair. Sometimes you get things when you don't deserve them and other times when you absolutely deserve it then you don't get it. This was the case on Sunday morning when the Springboks played Australia in Wellington, New Zealand. Read more >>