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WHATS IN THE NEWS

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Straight Talk

on 01 Dec 2021

As we reflect on 2021, with the onslaught of the third wave of the pandemic hitting us hard in the middle of the year, followed by adjusted levels of lockdown, followed closely by civil unrest and the effect on livelihoods and ultimately the economy, the domestic motor retail industry once again showed incredible resilience in the face of these serious challenges.
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The dealer network plays a pivotal role in transforming automotive industry value chain: By Marcia Mayaba, Chairperson, NADA Transformation Committee

on 01 Dec 2021

This year has been the foundational year for our NADA Transformation Committee. Together with the RMI, we have engaged with key industry stakeholders such as naamsa | Automotive Business Council and the Automotive Industry Transformation Fund, the AITF. NADA is also included in the Executive Oversight Committee which is chaired by the BMW Chief Executive Officer, Mr Peter von Binsbergen. The collaboration with these stakeholders is key to maximising the change and transformation process.
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Vehicle sales analysis: January - October 2021: By Alex Boavida, NADA Joint Vice Chairperson

on 01 Dec 2021

Alex Boavida, NADA, joint Vice-Chairperson, and dealer principal of Mercedes-Benz Sandton, takes an in-depth view of the Passenger and Commercial Vehicle Sales within RSA, for the period January 2021 and October 2021. As a specialist in the luxury sector of the market, Alex shares her insights in this important sector of the market.
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Lightstone Auto Insights

on 01 Dec 2021

Lightstone’s most recent edition of Auto Insights (published in October 2021) features data that reveals that while tough conditions are affecting new vehicle sales, used vehicles are winning, and you can also take a look at the shift in vehicle bodyshape preferences over the past decade. Lightstone’s Auto Insights also includes regular features that report on new vehicle sales, LIVE scans and Signio volumes at the time of publication.
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South Africa - Automotive Retail Financial Performance Trends: October 2020 - September 2021

on 01 Dec 2021

The vagaries of the local and international markets, seemingly have no impact on the Automotive Retail Sector investment returns in South Africa. Steady and stable returns, continue to be generated as is shown in (Fig 1), which in turn is a reflection of the solid base from which the sector operates. This sturdy performance bears witness to the solid foundation the automotive sector has, as a result of clear Government policy which has attracted local and foreign direct investment. This policy certainty has emerged from high-level collaboration between Government and Auto sector representatives. A shining example for other sectors.
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Omicron – new COVID-19 variant of concern

on 01 Dec 2021

Following the identification of a new variant by scientists in South Africa and its confirmation as the Omicron variant of concern by the World Health Organisation, President Cyril Ramaphosa addressed the nation last night confirming that the country would remain on alert level one at this stage. The President made a powerful appeal to the unvaccinated to get vaccinated. “Vaccination is by far the most important way to protect yourself and those around you against the Omicron variant, to reduce the impact of the fourth wave and to help restore the social freedoms we all yearn for,” he said.
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End of year assessments for your business - By Greg Mason, CEO, bizHQ

on 01 Dec 2021

Exams are assessments of what you have been taught, how much you have remembered and assimilated into your general knowledge and more importantly, how you can apply that knowledge to find solutions. It’s stressful. But it’s an exciting time because when you are learning, you are growing. To be successful, you need to grow, and to grow, you need to keep learning. That’s why business and executive coaching is so effective.
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