A pause in the interest rate hiking cycle in July led to an increase in motor trade sales for the month
In addition to inflation and high interest rates, the real value of salaries declined by 2.9% in 2022 and are set to drop by 0.8% this year
Motor trade sales increased by 16.6% in December with the biggest contributors being new vehicle sales, fuel sales and workshop income
If metal in metal-free fuel sounds crazy, it is – courtesy of the energy department
Each year the average South African loses R7 100 in productivity because they’re stuck in traffic, according to navigation company TomTom.
South Africa’s GDP growth has been only 0.7% in the third quarter of 2013, the slowest pace in more than four years.
BMW has lost 13 000 cars in production, missed supply targets and taken a decision to stop expansion into South Africa following the four-week strike.
South Africa’s automotive industry will see less investment in manufacturing if labour disputes continue, according to the carmakers’ association.
Thirty-thousand workers across South Africa have brought several plants to a standstill in pursuit of a 14% annual wage increase.
South African vehicle sales growth will probably ease to the slowest pace since the 2009 recession this year because of a weaker economy.
New vehicle sales rose by 8% year-on-year in April to 38 566 units, the National Association of Automobile Manufacturers said on Wednesday.
Affordability looks good, but beware long finance contract periods — try to buy a vehicle you can pay off quickly.
Vehicle sales are up, but South Africans are showing a preference for more affordable cars.
How much will you be forking out for the latest government tax when you buy a new car?
Motor vehicle industry employment levels remained under pressure during the first quarter of 2009, Naamsa said on Friday.
