Market News
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Hyundai to assemble delivery vans in SA
Posted on :Saturday , 6th September 2014
SOUTH Korean car manufacturer Hyundai is preparing to build vehicles in South Africa.
The Seoul-based company’s local representative has confirmed it will assemble light delivery vehicles in Gauteng from next year and may manufacture cars in South Africa at a later stage.Despite not officially releasing sales figures, Hyundai is. . .
South Africa: Gearbox oil launched
Posted on :Saturday , 6th September 2014
Petroleum products refining company Engen announced in July that it had launched its Gengear XEP-series indus- trial gearbox oils for high performance under pressure applications onto the local market.
After the recent introduction of the energy-saving hydraulic fluid Hydrokin ESF-series at customer events in Cape Town, Port Elizabeth, Durban and Johannesburg, Gengear XEP customer int. . .
South Africa: Diesel vehicle sales push fuel development
Posted on :Saturday , 6th September 2014
Increasing local demand for diesel vehicles is pushing development of diesel fuels to become more environment friendly while increasing engine power, reports petroleum industry company BP.
South African diesel-vehicle drivers will be able to benefit from BP’s latest-generation diesel fuel, which was showcased in February at Johannesburg-based vehicle test track facility Gerotek.. . .
Hudaco strengthens auto businesses with Partquip acquisition
Posted on :Saturday , 6th September 2014
Industrial products importer JSE-listed Hudaco has inked a deal to acquire automotive components distributor Partquip for R550-million, complementing the group’s existing automotive after-market businesses, which distribute clutches, seals and automotive bearings.
“Partquip is an ideal fit for Hudaco in that its main business is the distribution of branded products, an are. . .
New commercial vehicle assembly plant in South Africa
Posted on :Saturday , 6th September 2014
Through its new commercial vehicle assembly plant, in Benoni, east of Johannesburg, automotive company Hyundai Automotive South Africa (HASA) was increasing its contribution to the local economy, CEO Alan Ross said on Thursday at the plant’s official opening.
The 32 000 m2 semi-knocked-down (SKD) assembly plant, which had been established through a R110-million capital investmen. . .Please Select an Option
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