Car Industry
latest news & developments
Car sales dip, but industry starts 2015 on solid footing
Despite the effects of load-shedding on factories, low oil prices and stable interest rates suggest a good year ahead for vehicle manufacturers.
Competition Commission moves to investigate car industry
The Competition Commission is to investigate allegations of price fixing, market division and collusive tendering in the automotive industry.
South Africans not sold on in-car tech
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 industry left threadbare
Tyre-makers have fought a six-year battle against what they claim is dumping from China.
Malaysia seeks to revive car industry with new policy
Malaysia may remove rules that protect its car industry from foreign competition, officials said on Tuesday.
Daimler posts stiff loss, issues warnings
German luxury car- and truck-maker Daimler posted a stiff first-quarter loss on Tuesday and warned sales would ”decrease significantly” this year.
Shanghai showdown for carmakers
China’s up-and-coming carmakers unveiled a smorgasbord of new vehicles on Monday at Shanghai’s car show
GM, Peugeot chiefs forced out as car industry woes deepen
The Obama administration seized the wheel of the failing United States car industry on Monday, forcing out General Motors’s CEO.
VWSA to shed 400 jobs
Volkswagen SA said on Friday it had been forced to take steps to address the economic crisis and would shed up to 400 jobs.