16 Oct 2012 |
Top stories
Automotive
This is the most comprehensive Kinsey Report yet, - 64 vehicle in 8 categories. The categories are slightly different this year - and hopefully will prove to be satisfactory to both the public and manufacturers alike. Read more >>
Following a two-and-a-half year assignment at Chrysler International in Stuttgart Germany, Richard Sloman has returned to Chrysler South Africa and Fiat Group Automobiles South Africa as media relations manager. Read more >>
Mercedes-Benz South Africa (MBSA) has been made aware of a scam that is currently being carried out via mobile messaging, claiming that the company is running a competition in which members of the public can win brand products. Read more >>
Women on Wheels (WOW) has announced the winners of the 2012 WOW Women's Car of the Year Awards, the only car awards in South Africa decided by women. Readers and the judging panel had 12 categories in which to vote and more than 79 000 votes were received via SMS and online voting from readers. Read more >>
Manufacturing workers at Toyota South Africa Motors' Prospecton plant in Durban, KwaZulu-Natal returned to work on Friday 5 October after negotiating parties resolved a dispute that originated on Monday 1 October. Read more >>
Components & parts
A landmark legal battle between local automotive parts importer and distributor, Grandmark International and BMW SA is set to pave the way for a more open and competitive motor industry in South Africa. Read more >>
Fleet management
New York-listed Textainer Group Holdings‚ in which the JSE-listed Trencor has a 48.93% beneficiary interest‚ has acquired approximately 81‚000 TEU (twenty-foot equivalent units) of standard dry freight containers from its managed fleet for approximately US$98 million. Read more >>
Good news for motorists facing record fuel price hikes is that the TransUnion's third quarter Vehicle Pricing Index indicates that price increases in both new and used vehicles are slowing down‚ TransUnion said in a statement on Monday. Read more >>
Health & safety
[Alexander Parker] Toyota Motors South Africa said on Wednesday, 10 October, that South African Toyota owners would be affected as part of a wider global recall of 7.4-million cars‚ but was unable to confirm immediately the full extent. Read more >>
Manufacturing
Europe's biggest carmaker, Volkswagen, said on Thursday it was considering selling "budget cars" for as little as €5,000 euros in emerging markets "within two years". Read more >>
Hino Motors of Japan has set up a joint venture with a Malaysian company, MBM Resources Berhad (MBMR), to build a truck manufacturing plant in that country. MBMR is Hino's local partner in Malaysia and holds a 42% share in Hino's sales subsidiary, Hino Motors (Malaysia). Read more >>
In the local automotive industry alone, US$1.5 billion worth of tooling is exported overseas every year. Keeping this tooling, and the jobs and revenue it generates, in South Africa is among the key concerns of the AfriMold trade fair, which takes place from 10-12 October 2012 at the Gallagher Convention Centre in Midrand, Gauteng. Read more >>
Rental
A change in the tax regime‚ a healthy servicing and parts business and buoyant new cars sales helped listed new and used car dealer and car rental company Combined Motor Holdings Group to "phenomenal" interim results for the six months to August 31. Read more >>
Retail
Robin van Rensburg has been appointed as new national sales manager at Jaguar Land Rover South Africa. He joins the British brands with extensive experience in the sales and marketing sector of the automotive industry. His appointment is the latest of a series of senior recruits that has included three new board members and a staff complement that has virtually doubled this year. Read more >>
The BMW Group experienced growth in many regions around the world in September and achieved another record month in sales. With 177 716 BMW, MINI and Rolls-Royce brand automobiles delivered worldwide, sales were 11.6% higher than in the same month last year. Read more >>
DETROIT - The fledgling electric car business is in turmoil as predictions about potential sales have proven to be wildly optimistic despite volatile fuel prices and plenty of media hype. Read more >>
NEW YORK - General Motors is urging US authorities to reject a lawsuit by Dutch carmaker Spyker, which is seeking $3bn in damages after claiming the US automaker deliberately caused Saab to go bankrupt. Read more >>
THE HAGUE, NETHERLANDS: Dutch company VDL signed a deal on Monday to take over Mitsubishi's sole eastern European plant and start producing Minis there for Germany's BMW, in a rare piece of good news for European automakers. Read more >> More International...
[Henrie Geyser: motoring editor] The top end of the compact SUV market is no longer the almost exclusive playing field of the three German badges because an impressive newcomer by the name of Infiniti is setting its sights on a slice of that lucrative market segment. Read more >> More Motoring news...
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