18 Jun 2013

Automotive

Banning, a bad idea

That's the message according to research released last week by Econometrix. The results show that a ban on alcohol advertising would cost nearly 12,000 jobs and almost R1.8bn in tax revenue.

The government has, as expected, dismissed the findings as one-sided etc, but one has to ask whether the full implications of banning alcohol advertising, Health Minister Aaron Motsoaledi's latest target, have been properly thought through.

Econometrix senior economist Rob Jeffrey said his research also revealed that there was no statistical relationship in South Africa between advertising expenditure and the consumption of alcohol.

Also on the government beat, the SA government wants an investigation into spy allegations made by a UK newspaper, which claims that SA delegates were among those who attended the 2009 Group 20 meeting who were put under surveillance.

The poorest of the poor are the first to suffer when food prices rise and now Agriculture, Forestry and Fisheries Minister Tina Joemat Pettersson says high prices are a threat to food security. Dead right - so what about doing whatever possible to not only keep commercial farmers on the land, stop landing them with wage bills they cannot sustain, and generally ensuring that we produce food here, rather than have to import it - because the latter will cost a great deal more.

You know you've always wanted one, and now is your chance to get your hands on one - a GoPro, that is... with accessories, with Bizcommunity.com. Just create or update your MyBiz Profile on Bizcommunity and win an awesome GoPro camera and accessories worth over R6,000!

Rod Baker, Content Director

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

Weekly top stories

New Toyota chairman appointed
Toyota Motor Corporation (TMC) executive Takeshi Uchiyamada, the driving force behind hybrid car, the Toyota Prius, has been confirmed as the company's new chairman. Uchiyamada replaces Fujio Cho, a former company president who has been chairman since 2006 and has now been appointed honorary chairman. Read more >>

Petrochemical
Petrol price may rise by 81 cents in July
[Helmo Preuss] A weaker rand and higher international product prices are likely to push the Gauteng retail petrol price up by 81 cents a litre (c/l) in July, close to the record R13.20 per litre reached in April‚ data released by the Central Energy Fund last week showed. Read more >>


Automotive
New Toyota chairman appointed
Toyota Motor Corporation (TMC) executive Takeshi Uchiyamada, the driving force behind hybrid car, the Toyota Prius, has been confirmed as the company's new chairman. Uchiyamada replaces Fujio Cho, a former company president who has been chairman since 2006 and has now been appointed honorary chairman. Read more >>

Team Afrikens puts foot this week
[Team AfriKens] Last year I convinced Warren Harding (@BizcomWazza) to join me on the Put Foot Rally with the promise of real adventure. I told him about all the amazing places we will be visiting and how the outdoors refreshes and expands the mind. The thing that sold him in the end was that we could braai every night. Read more >>

Brent Ellis recognised for excellence in motoring journalism
25 year-old Johannesburger, Brent Ellis, has won the Bridgestone/SA Guild of Motoring Journalists' Steve Dlamini Award for excellence by a young motoring journalist. The Quickpic communications specialist received a floating trophy and a cash prize in recognition of his contribution to the industry. Read more >>

Wholesale trade sales keep rising
Wholesale trade sales at constant (2012) prices increased by 7.2% year-on-year (y/y) in April compared with a revised 0.5% (0.7%) y/y decrease in March‚ Statistics SA (Stats SA) data showed on Thursday (13 June). Read more >>

The impact on the motor industry of the revised BEE codes
[Trevor Tshabangu] With the revised codes of good practice scheduled to be gazetted in August or September 2013, businesses continue to be in limbo regarding some of the revisions in this important transformation legislation. Read more >>

Create/update your MyBiz Profile on Bizcommunity and win!
[Issued by Bizcommunity.com] Create or update your MyBiz Profile on Bizcommunity before 30 June 2013 and stand a chance to WIN an awesome GoPro camera and accessories worth over R6000. The winner will be picked via a lucky draw and announced on 1 July 2013 on Biz, Facebook and Twitter. Read more >>  visit press office >>


Manufacturing
Employers perturbed by labour ban
The National Employers Association of SA (Neasa) on Wednesday (12 June) added its voice to organisations opposing a total ban of labour brokers. Read more >>

SA needs 'decisive' leadership now
A decline of business confidence in the manufacturing sector adds credence to calls for decisive leadership‚ the Manufacturing Circle said on Wednesday (12 June). Read more >>

Manufacturing up but stats may be distorted
Manufacturing production rose 7.0% year-on-year in April from a 2.2% year-on-year decline in March‚ data released by Statistics SA on Tuesday (11 June) revealed. Read more >>


Motorcycles
Meet Harley-Davidson in Rome
Harley-Davidson Motor Company is hosting a four-day event in Rome (13-16 June 2013) to mark the European leg of the company's 110th Anniversary celebrations around the globe. Read more >>


Retail
Spike in motor trade sales of 15.8%
Motor trade sales rose in nominal terms (current prices) by 15.8% year-on-year (y/y) in April from 5.2% y/y in March‚ Statistics SA figures showed on Thursday (13 June). Read more >>


International

VW gearbox fault prompts car recall
SYDNEY, AUSTRALIA: German car manufacturer, Volkswagen (VW) on Wednesday (12 June) recalled nearly 26,000 vehicles in Australia due to a gearbox problem that could cause cars to lose power on the road. Read more >>

French car share project heads to Indy
CHICAGO, USA: A French electric car share programme has set its sights on the home of one of the top US racing events, Indianapolis. Read more >>

India's car sales drop 12% in May
NEW DELHI, INDIA: Car sales in India slid by over 12% in May, data showed Tuesday (11 June), marking an unprecedented seventh month of decline as an industry body warned that layoffs now loomed in the once-booming sector. Read more >>


More International


People on the move


Nissan SA appoints new HR director - more info



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