6 Nov 2012

Automotive

 

We're last in class

So what are we going to do about it? We all know our state education system is a shambles, and now that has been confirmed after SA was rated as bottom of class in maths and science. It's yet another extremely dubious "honour" this country has earned. The question is: how will our shambolic "education" system be fixed?

And if you are in the NPO sector, it's time to be afraid, very afraid... According to
Inyathelo executive director Shelagh Gastrow, if proposed amendments affecting the BEE code go through as is, NPOs and charities could go under - and that means many thousands of children and adults currently being helped, will be affected.

Trying to benefit our exports by 'managing' the rand will not help exporters say a number of experts. In any event, one says, the market is far too large for us to influence it to any effective extent.

Higher Education and Training Minister Blade Nzimande says bankers need to be taught courses in sociology, apparently in order to develop a social consciousness about the effects of lending.

And to end, Bizcom's very own "brute in a suit", motoring editor Henrie Geyser, says the new Chevrolet Trailblazer is - just as he is...a brute in a suit.

Rod Baker, content director

Submit your company news to automotivenews@bizcommunity.com. Exclusive contributions may be sent to contributors-automotive@bizcommunity.com.

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Editorial news

Automotive


Consumer Commission - improvements are manifest
A platform for a more constructive working relationship between the National Consumer Commission, the automotive industry and business in general, had been established since the appointment of acting commissioner Ebrahim Mohammed, industry commentators said this week. Read more >>

Germany approves GM, Peugeot deal
German competition authorities have approved the proposed alliance between French carmaker PSA Peugeot Citroen and its US rival General Motors, which owns Germany's Opel. Read more >>

Judge denies SATRP and Bridgestone leave to appeal
The South African Tyre Recycling Process company (SATRP) and Bridgestone Tyres have had their application for leave to appeal dismissed with costs. Read more >>

Components & parts


Inflate with nitrogen for improved performance and longer-lasting tyres
[Joe du Plooy] Summer is here and with the prospect of blazing heat and pouring rains to come, comes the requisite tyre inspection and a simple solution from Tiger Wheel & Tyre that will make your tyres last longer. Read more >>

Fleet management


Imperial Logistics to test drive Fuso Canter Eco-Hybrid
Mercedes-Benz South Africa (MBSA) has handed over a Fuso Canter Eco-Hybrid to Imperial Logistics in Germiston, Johannesburg for a three months test period. The vehicle will circulate among keen customers and will run as part of the fleet in normal application. MBSA premièred the light duty truck at the 2010 Johannesburg International Motor Show in South Africa. Read more >>

Manufacturing


MAN down but not out for more than a week
MAN, the truck-making arm of German giant Volkswagen, said it would halt production at two sites and send 15,000 staff home as it battles to contain losses. Read more >>

Jags and Landies to be made alongside Cherys
China has approved a joint venture allowing Jaguar Land Rover (JLR) to make and sell luxury cars in China in partnership with domestic company Chery Automobile, official media said on Monday. Read more >>

Motorsport


Volkswagen wins Bridgestone Production Car Championship
Volkswagen Golf GTI racer Graeme Nathan (T21 - IndyOil) won the 2012 Class T Bridgestone Production Car title at Kyalami near Johannesburg on Saturday. The event was the last round of the WesBank Super Series and was just one of the awards claimed by Volkswagen on the day. Read more >>

Kelvin van der Linde wins Engen Volkswagen Cup title
The 2012 national Engen Volkswagen Cup title was claimed by Kelvin van der Linde of the Ferodo Racing Team. The 16 year-old Van der Linde, in the process of claiming the title, also became the youngest racing driver in South Africa to win a national circuit racing title. Read more >>

Retail


New vehicle sales still in top gear
[Henrie Geyser: motoring editor] In spite of the impact of the transport sector's strikes and disruptions on local manufacturing plants local sales of new vehicles for October increased by 10.1% compared to the corresponding months in 2011. Sales were up by 5,519 units to 57,845 compared to the 52,326 units in October last year. Read more >>

Fiat keeps target for 2012 profits but at bottom end of range
MILAN - Italian car maker Fiat said on Tuesday that it had more than doubled its third-quarter profit to 286 million euros ($370 million) from 112 billion euros ion the same period of last year. Read more >>

Honda reports surging profit, but chops FY outlook
TOKYO - Japan's Honda Motor said Monday that first-half net profit more than doubled to $2.7 billion, but the maker of the Accord and Civic warned its full-year results would be much weaker than forecast. Read more >>

Hyundai profits up 13% in third quarter
SEOUL - South Korea's largest carmaker Hyundai Motor reported a 13% increase in its third-quarter net profit from a year earlier, despite a series of damaging strikes that hurt production. Read more >>

AUTOsavvy launches dealer management system
AUTOsavvy recently announced the launch of their state-of-the-art dealer management software to the market. This innovative business management solution was designed by South African industry experts to give motor dealerships more control of their business functions with less effort and at a fraction of the cost. Read more >>


International
Kia profits up 28% to $757m
South Korea's second-biggest car maker Kia Motors reported a 28% jump in its third-quarter net profit from a year earlier, despite damaging strikes that hit production. Read more >>

Ford shuts Genk plant causing rage and tears in Belgium
Ford announced plans to close its Genk plant, threatening 4,300 jobs as slumping demand across Europe left it with too much capacity. Read more >>

Nissan to double production in Thailand
Japanese car manufacturer Nissan is aiming to double its production in Thailand with plans for a new ¥30bn factory near Bangkok, according to a report released on Wednesday. Read more >>

More International...


Company news

Automotive


Biz Charity Challenge: let's all help together - Bizcommunity
With the festive season fast approaching, Bizcommunity.com would like to challenge our readers, clients and partners to think of those less fortunate. Help us raise funds, bedding and toys for our two chosen charities and the company raising the most will be given two free press office releases for the festive season, in the industry of your choice, to promote whatever you like. Read more >>


Motoring
Trailblazer: A brute in a suit
[Henrie Geyser: motoring editor] Chevrolet's eagerly-awaited brute in a suit Trailblazer has arrived in South Africa armed to the teeth to take on the local SUV market and to arm-wrestle Toyota's market leading Fortuner for a slice of the action. Read more >>

V40 is Volvo's new sparkling gem
[Henrie Geyser: motoring editor] The exciting new Volvo B40 range has strutted on to the local motoring stage with all the cheek and bravado of a new car that has just recently been unveiled in Europe to the equivalent of a standing ovation by international motoring writers - and with good reason, because this is the most exciting and most impressive Volvo yet to flow from the marriage between the Swedes and their Chinese rescuers. Read more >>

More Motoring news...


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