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Components & Aftermarket

Image of an AutoZone shop
Metair to acquire troubled AutoZone chain
4th October 2024 By: Irma Venter

Metair is set to acquire the entire issued share capital of AutoZone Holdings. The JSE-listed Metair is a manufacturer, distributor and retailer of automotive components and energy storage solutions. 


Thammasat University Faculty of Economics associate Professor Kriengkrai Techakanont
South African delegates hear of Thailand's consistently adapted automotive support policy
2nd October 2024 By: Schalk Burger

Thailand has a national automotive industry policy committee, which includes private-sector and government representatives, that deliberates and then puts in place fixed-term incentives to drive... 


Image of inside the VWSA plant in Kariega
Business as usual at VWA amid rumours of German plant closures
30th September 2024 By: Irma Venter

Volkswagen Group Africa (VWA) says its Kariega assembly plant, in the Eastern Cape, is operating as normal amid possible plant closures and job cuts at its parent company in Germany. In fact, the... 


A generic image of a car manufacturing assembly line
Increased local content, skills transfer attainable targets
27th September 2024 By: Lumkile Nkomfe

The Nedbank Manufacturing Roundtable, held on July 11, in Johannesburg, has highlighted the imperative of greater localisation opportunities and the need to facilitate comprehensive skills transfer... 


An image of Amith Singh
Localisation key to unlocking potential
27th September 2024 By: Lumkile Nkomfe

Efforts to catalyse the localisation of the automotive component manufacturing sector are critical to economic development, says financial services company Nedbank Commercial Banking manufacturing... 


An image of Beth Dealtry
Push to increase component volumes gains impetus – NAACAM
27th September 2024 By: Lumkile Nkomfe

The National Association of Automotive Component and Allied Manufacturers (NAACAM) says the local production of automotive components must increase to foster sustainable economic growth. While the... 


Image of Metair CEO Paul O’Flaherty
Selling Mutlu, stabilising Hesto key as Metair moves towards new strategy
26th September 2024 By: Irma Venter

Selling the troubled Mutlu battery business in Türkiye and continuing the stabilisation efforts at Hesto Harnesses are key in returning Metair to solid ground, says CEO Paul O’Flaherty. Announcing... 


An image showing waste tyres for recycling
Redisa initiates court action over Waste Tyre Management Plan
25th September 2024 By: Tasneem Bulbulia

Nonprofit organisation the Recycling and Economic Development Initiative of South Africa (Redisa) has approached the Pretoria High Court to review and set aside government’s Industry Waste Tyre... 


Image of the Innoptus solar team from Belgium
Belgian team clinches 2024 Sasol Solar Challenge title
23rd September 2024 By: Irma Venter

Belgium’s Innoptus team has secured the 2024 Sasol Solar Challenge title, with the team breaking the daily distance record twice in a row during the competition. The Innoptus team consists of... 


ArcelorMittal South Africa CEO Kobus Verster says there is more positive outlook for the country.
South Africa’s coalition government triggers wave of investment
23rd September 2024 By: Bloomberg

The formation of South Africa’s business-friendly coalition government has triggered a wave of investment announcements and positive sentiment not seen in years, spurring hope that Africa’s biggest... 


Diversification rescues Motus as SA economy struggles
20th September 2024 By: Irma Venter

Motus’s Import and Distribution business took a significant bite out of the automotive group’s profit in the financial year ended June 30, says CEO Osman Arbee. “Minus the importers, we had a great... 


Metair to swing to interim losses
18th September 2024 By: Creamer Media Reporter

JSE-listed Metair expects to report a loss a share of between 2.7c and 3.3c for the six months ended June 30, compared with earnings a share of 48c reported for the six months ended June 30, 2023.... 


Metair to sell its troubled Turkish operations, return its focus to auto parts
Metair to sell its troubled Turkish operations, return its focus to auto parts
17th September 2024 By: Irma Venter

Energy storage and automotive component manufacturer Metair says it will sell its troubled Mutlu operations in Türkiye to Quexco for R1.95-billion in cash. Mutlu forms part of Metair’s Energy... 


Ogihara SA breaks ground on new R1.2bn auto body-part plant in Durban
6th September 2024 By: Irma Venter

CFAO South Africa (SA) subsidiary Toyota Tsusho Africa and Ogihara Thailand have started construction of a new R1.2-billion plant that will produce vehicle body parts for Toyota South Africa Motors... 


Metair boasts resilience amid tough first-half market conditions
5th September 2024 By: Darren Parker

In an operational update to shareholders for the six months ended June 30, JSE-listed Metair Investments has said its business verticals demonstrated resilience despite the challenging operating... 


Image of Motus CEO Osman Arbee
Diversification strategy saves the day for Motus as SA economy bites
3rd September 2024 By: Irma Venter

Motus’s Import and Distribution business took a significant bite out of the automotive group’s profit in the financial year ended June 30, says CEO Osman Arbee. “Minus the importers we had a great... 


Andrew Kirby
Ogihara SA breaks ground on new R1.2bn auto body-part plant in Durban
22nd August 2024 By: Irma Venter

CFAO South Africa (SA) subsidiary Toyota Tsusho Africa, and Ogihara Thailand, have started construction of a new R1.2-billion plant that will produce vehicle body parts for Toyota South Africa... 


Six dealerships in hot water with the consumer commission
Six dealerships in hot water with the consumer commission
21st August 2024 By: Irma Venter

The National Consumer Commission (NCC) has referred six car dealerships to the National Consumer Tribunal (tribunal) for adjudication. The NCC received complaints from consumers alleging that these... 


Magazine Cover Image
What auto industry wants from government to keep the wheels turning
16th August 2024 By: Irma Venter

South Africa’s seventh administration has taken office amidst a flagging domestic economy desperately seeking traction. The automotive industry, South Africa’s biggest manufacturing industry, has... 


Magazine cover image
SA’s automotive prospects clouded by high taxes and exports risks
2nd August 2024 By: Darren Parker

The importance of export growth as an automotive industry strategy is crucial to mitigate the numerous risks associated with South Africa's low growth environment. "We see export growth as a really... 


An image of Gates PowerGrip timing belt kits
Belt kit simplifies drive replacements
26th July 2024

Automotive parts manufacturer Gates’ timing belt component kits offer convenience and easy part sourcing to ensure a dependable and safe complete drive replacement solution, explains automotive,... 


ECape launch for WOW platform to bring taxi industry into the digital age
ECape launch for WOW platform to bring taxi industry into the digital age
24th July 2024 By: Irma Venter

The newly launched Wealth On Wheels (WOW) platform is set to roll out technologies such as digital cash payments, fleet and vehicle management systems with GPS, and camera monitoring in minibus... 


Image of the Balancell warehouse
Balancell expands plant tenfold; seeks govt backing for energy storage industry
22nd July 2024 By: Irma Venter

Energy storage company Balancell is moving into a new R80-million factory in Ndabeni, Cape Town, as the business gears up to grow its capacity roughly tenfold, says chief commercial officer Ian... 


Inside First Battery's Benoni battery recycling plant
First Battery showcases 80 t/d lead-acid battery recycling plant
17th July 2024 By: Schalk Burger

Automotive and industrial battery manufacturer First Battery on July 17 took media on a tour of its battery recycling facility in Benoni Industrial Sites, in Ekurhuleni, where it recycles 80 t of... 


A gloved hand holding a securing washer made by Nord-Lock
CE marked washer range offered by distributor
12th July 2024

The Swedish wedge-locking solutions manufacturer Nord-Lock range of securing washers, distributed and supported by industrial equipment supplier BMG, is reportedly the only brand on the market that... 


Global EV sales growth continues, but significant slowdown in some markets – BloombergNEF
12th July 2024 By: Irma Venter

Electric vehicle (EV) markets around the world are not all travelling in the same direction, or at the same speed, in 2024, says research group BloombergNEF (BNEF) in its newest EV Outlook Report.... 


Image of an Audi e-tron charger
Audi SA adds six rapid public chargers to its network
10th July 2024

Audi and partner Rubicon have added six 150 kW DC rapid public chargers for electric vehicles (EVs) at locations across South Africa. The new chargers will be located along the N1, N2 and N3... 


EV charging points to grow by 194% as governments switch focus to infrastructure
EV charging points to grow by 194% as governments switch focus to infrastructure
9th July 2024 By: Irma Venter

A new study from Juniper Research has found that the total number of electric vehicle (EV) charging points globally will grow by 194% to 64-million over the next five years, up from 21.8-million... 


Image of NADA Dealer Satisfaction Index awards trophy
Lexus, Mini, Toyota, Suzuki and Hino take platinum in Dealer Satisfaction Index
9th July 2024 By: Irma Venter

Lexus, Mini, Toyota and Suzuki have all taken top honours in this year’s National Automobile Dealers’ Association (NADA) Dealer Satisfaction Index (DSI) awards for passenger cars and light... 


Ford celebrates one-millionth Ranger, says PHEV production to start before year-end
5th July 2024 By: Irma Venter

Ford South Africa (SA) has celebrated the assembly of the one-millionth Ranger at its Silverton plant in Pretoria. While the first million bakkies took 24 years, the second million is set to happen... 


The signing ceremony in Cairo
Egypt woos Volkswagen with body shop, assembly-line deal
2nd July 2024 By: Irma Venter

In a new strategic cooperation agreement, Volkswagen Group Africa (VWA) and the government of Egypt will conduct a feasibility study on the construction of a body shop and assembly buildings, which... 


Mercedes-Benz SA considers cutting 700 jobs on back of struggling economy, ports
28th June 2024 By: Irma Venter

Mercedes-Benz South Africa (MBSA) says it will move from three shifts a day at its East London plant to two shifts, in a move that could potentially cut 700 jobs. MBSA produces the C-Class for the... 


Tribunal approves Bidshelf 93’s acquisition of Dekra Automotive
27th June 2024 By: Schalk Burger

The Competition Tribunal has approved the intended transaction in which heavy and light vehicle sales company Bidshelf 93 will acquire vehicle testing, inspection and certification company Dekra... 


Half of China’s NEV brands likely to fail; exports set for steep growth
Half of China’s NEV brands likely to fail; exports set for steep growth
26th June 2024 By: Irma Venter

More than 130 brands are currently competing in China’s new-energy vehicle (NEV) market, says GlobalData Automotive Division China operations manager John Zeng. Three brands, however, dominate the... 


Image of Ford SA VP Ockert Berry
Ford celebrates 1m Rangers; looks to PHEV production start before year-end
25th June 2024 By: Irma Venter

Ford South Africa (SA) has celebrated the assembly of the one-millionth Ranger at its Silverton plant in Pretoria. While the first million bakkies has taken 24 years, the second million is set to... 


Invicta reports increase in operating profit despite challenges
24th June 2024 By: Sabrina Jardim

In its audited consolidated results for the financial year ended March 31, investment holding and management company Invicta Holdings reports that its operating profit grew by 8% to R702-million,... 


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Magazine round up | 13 December 2024
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