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Jun 18, 2024 | 
bizcommunity.com | George Mienie |Melissa Murialdo
The used car market was also affected by election jitters in May, according to AutoTrader used car sales data from 1 May - 31 May 2024. The sector contracted by -3% and by -10.5% year-on-year. The new car market suffered similar declines. In total 27,729 used cars were sold in May, which is 996 units less than the previous year. The value of the used cars sold amounted to R11,2m, which is a decline of -10.5% year-on-year.
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Jun 6, 2024 | 
bizcommunity.com | David Bamford |Eduardo Urzagasti |Imran Salie |Melissa Murialdo
Passenger vehicle sales in South Africa for May 2024 experienced a significant decline, following brief relief in April. The market saw a year-on-year drop of 11.7%, with a total of 24,367 units sold. The National Association of Automobile Manufacturers of South Africa (NAAMSA) indicated that this decline can be attributed to various factors, including national election jitters, additional public holidays, and overall economic uncertainty.
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May 23, 2024 | 
bizcom.to | Brendan Seery |George Mienie |Melissa Murialdo
Dealers need to see things differently and view the industry through a fresh lens. That was the key message at this year’s AutoTrader Dealer Convention. Held recently in Sandton, the theme of the convention was #RethinkAuto – and the dealers present at this key industry event were encouraged to rethink strategy, technology and connection. The convention – hosted by the largest motoring marketplace in South Africa – was also about encouraging and celebrating excellence.
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May 23, 2024 | 
bizcommunity.com | Brendan Seery |George Mienie |Melissa Murialdo
Dealers need to see things differently and view the industry through a fresh lens. That was the key message at this year’s AutoTrader Dealer Convention. Held recently in Sandton, the theme of the convention was #RethinkAuto – and the dealers present at this key industry event were encouraged to rethink strategy, technology and connection. The convention – hosted by the largest motoring marketplace in South Africa – was also about encouraging and celebrating excellence.
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Apr 29, 2024 | 
bizcommunity.com | Melissa Murialdo
Stay abreast of industry trends, gain insight to the latest technologies, and see hundreds of new products and innovations on display at the world-class Machine Tools Africa exhibition, taking place from 21-24 May 2024 at the Johannesburg Expo Centre in Nasrec.
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Feb 7, 2024 | 
bizcommunity.com | Eduardo Urzagasti |Imran Salie |Melissa Murialdo
Naamsa stats indicate that local vehicle sales in June 2024, at 40,072 units, reflected a further substantial decrease of 6,531 units, or a loss of 14,0%, from the 46,603 vehicles sold in June 2023. Export sales recorded a welcomed increase of 977 units, or 3,6%, to 28,306 units in June 2024 compared to the 27,329 vehicles exported in June 2023.
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Feb 7, 2024 | bizcommunity.com | Eduardo Urzagasti |Imran Salie |Melissa Murialdo
Naamsa stats indicate that local vehicle sales in June 2024, at 40,072 units, reflected a further substantial decrease of 6,531 units, or a loss of 14,0%, from the 46,603 vehicles sold in June 2023. Export sales recorded a welcomed increase of 977 units, or 3,6%, to 28,306 units in June 2024 compared to the 27,329 vehicles exported in June 2023.
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Feb 5, 2024 | 
bizcommunity.com | Melissa Murialdo
In light of TransUnion's recent Vehicle Pricing Index (VPI) results, Dewald Ranft, chairman of the Motor Industry Workshop Association (MIWA), a key component of the Retail Motor Industry Organisation (RMI), expresses optimism about the growth in sales of used cars, considering it as positive news for independent workshops.
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Dec 20, 2023 | 
bizcommunity.com | Melissa Murialdo
AutoTrader CEO leads panel discussion on scaling zero emissions within the delivery sectors at COP28’s World Climate Summit. Following AutoTrader’s involvement at COP28, the United Nations’ Climate Change conference, AutoTrader is now part of the greater global conversation to accelerate decarbonisation and is driving the conversation in sustainability and decarbonisation in the used car market. COP is where the world comes together to address the climate crisis.
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Dec 14, 2023 | 
bizcommunity.com | Melissa Murialdo
South Africans are particularly polarised when it comes to the adoption of electric vehicles (EVs) in South Africa. Some believe that they have a bright future. Others have concerns – citing load shedding, a lack of charging infrastructure, and an unstable grid as overwhelming challenges. But what is the reality in South Africa – and what is the future likely to hold? The rate of EV adoption will be impacted by the evolution of the economy, manufacturing, supply chains and new support systems.
