Market News

  • 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. . .

  • VW launches new Polo Vivo

    Posted on :Saturday , 6th September 2014

     Four years after the introduction of the locally built Volkswagen Polo Vivo to the market in 2010, Volkswagen South Africa (VWSA) on Friday launched a new-look Polo Vivo. 

    Distribution of the new Polo Vivos to the various VW dealerships around the country had already started, with an intensive marketing campaign to start on Sunday.
    Speaking at the Johannesburg m. . .

  • Namibia: GM Sales Gather Speed in Africa

    Posted on :Saturday , 6th September 2014

    General Motors South Africa (GMSA) confirmed that the new Opel Adam hatchback and Mokka SUV will arrive locally in 2015. The new models form part of Opel's global product offensive which will see 27 new vehicles and 17 engines launched by 2018, and reaching a growing African market.

     
    Mario Spangenberg, president of GM Africa, reports that the company has invested ove. . .

  • New Porsche Model Enters in Kenya\'s Car Market

    Posted on :Friday , 5th September 2014

    Kenya: Competition for a share of Kenya's top-end luxury car market has risen a notch higher after the entry of the Porsche Macan, a sports utility vehicle, made its debut Thursday. Franchise holder of Porsche brands in Kenya, Multiple Group, has also opened a state-of-the-art Porsche Centre, a showroom and after-sales centre at the Sameer Business Park on Mombasa Road. The Sh178 million ($2m) . . .

  • East Africa to adopt cleaner fuel standards in 2015

    Posted on :Thursday , 4th September 2014

    Plans for five countries in East Africa to adopt cleaner fuel standards in 2015 are likely to help absorb excess low-sulphur oil products coming out of Middle East and Indian refineries, where new capacity is being added, industry sources said.
     
    Rwanda, Kenya, Tanzania, Uganda and Burundi are due to switch to the cleaner fuels from January 2015, according to docu. . .

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