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AN
END TO GM DOOM AND GLOOM?
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Financially
strapped General Motors may get assistance
from an unexpected source as it restructures
and slashes costs in a bid to return to
long term profitability.
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SALES
CONTINUE AS TRADE DEFICIT HITS
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Vehicle
sales in South Africa for the first half
of 2006 totalled a record 310 280 units
- 17,8 per cent up on the performance a
year ago.
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INDUSTRY
ON HIGH ALERT
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While
new vehicle sales continue its upward spike
and there are reports of substantial growth
in exports, another factor is threatening
to undermine this growth.
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Wiel
JOINS CAR GARAGE
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After
purchasing the rights to its first Afrikaans
automotive title earlier this year, Ramsay,
Son and Parker, publishers of CAR, will
launch its Nuwe Wiel at a glittering function
on 16 August.
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IMPORTANT
MOVES IN SA AFTERMARKET
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The
local aftermarket sector has seen a flurry
of activity in recent times, with the most
notable being the amalgamation of three
vehicle body repair organisations.
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CAR
PRICING CLAIMS CAUSE A STIR
|
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The
Competition Commission stirred up another
hornet's nest around the motor industry
when it announced that cars in South Africa
were "priced 14 per cent higher on
average than the equivalent models in European
countries".
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CHINESE
ONSLAUGHT HOTS UP
|
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The
Chinese onslaught on the South African vehicle
market is coming sooner than many industry
commentators expected.
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VEHICLE
EXPORT VOLUMES UP
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Exports
of built-up vehicles from South Africa rocketed
by 67 per cent in the first half of 2006,
compared to the same period a year ago where
sales totalled only 51 823 units. Sales
in the first six months of this year totalled
80 651 units.
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