Despite the effects of load-shedding on factories, low oil prices and stable interest rates suggest a good year ahead for vehicle manufacturers.
The Competition Commission is to investigate allegations of price fixing, market division and collusive tendering in the automotive industry.
South Africans are the least likely car buyers across five emerging markets to let their decision be influenced by in-car technology, says a survey.
Tyre-makers have fought a six-year battle against what they claim is dumping from China.
Malaysia may remove rules that protect its car industry from foreign competition, officials said on Tuesday.
German luxury car- and truck-maker Daimler posted a stiff first-quarter loss on Tuesday and warned sales would ”decrease significantly” this year.
China’s up-and-coming carmakers unveiled a smorgasbord of new vehicles on Monday at Shanghai’s car show
The Obama administration seized the wheel of the failing United States car industry on Monday, forcing out General Motors’s CEO.
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/ 30 January 2009
Volkswagen SA said on Friday it had been forced to take steps to address the economic crisis and would shed up to 400 jobs.