July 2, 2019

THE FIC ACT’S IMPACT ON MOTOR VEHICLE DEALERS

Part 2 of 2 Compliance markers for motor vehicle dealers As reporting institutions, motor vehicle dealers are required to register with the Financial Intelligence Centre. Following […]
July 2, 2019

NADA PLEADS TO THE SOUTH AFRICAN RESERVE BANK TO CONSIDER LOWERING INTEREST RATES AS NEW VEHICLE SALES DIAL DOWN AGAIN IN JUNE

* Overall Dealer sales channel for June 2019 – 36,922 new vehicles (passenger and commercial vehicles) were sold on dealer floors in June 2019 (2018: 38,292 […]
July 2, 2019

NAAMSA INDUSTRY NEW VEHICLE SALES STATISTICS FOR JUNE 2019

The National Association of Automobile Manufacturers of South Africa [NAAMSA] said that the new vehicle sales declining trend continued into June, 2019 although lower passenger car […]
June 27, 2019

THE FIC ACT’S IMPACT ON MOTOR VEHICLE DEALERS

Part 1 of 2 Shedding light on the road ahead for motor vehicle dealers Motor vehicle dealers (MVD) are currently classified as reporting institutions under Schedule […]
June 12, 2019

ENTHUSIASTIC DEALER PARTICIPATION AT NADA PERFORMANCE ROADSHOWS

The recent National Automobile Dealers’ Association’s (NADA) series of four countrywide Performance Programme meeting provided the enthusiastic dealer participants with a host of good information for […]
June 12, 2019

DIGITALISATION AND RELATIONSHIPS: POWERING THE WAY FORWARD IN THE RETAIL VEHICLE INDUSTRY

The increasingly important role played by digital technology coupled with business relationship development was widely acknowledged at the Johannesburg Road Show of the National Automobile Dealers’ […]
June 10, 2019

AUTOMOTIVE INDUSTRY GATHER FOR THE PRESTIGIOUS ANNUAL DEALER SATISFACTION INDEX AWARDS

The NADA Dealer Satisfaction Index survey awards took place on Thursday, 6th June 2019. NADA, which represents franchised passenger and commercial vehicle retailers in South Africa, […]
May 22, 2019

MEET THE MILLENNIALS – HOW TO ENGAGE WITH THIS LUCRATIVE MARKET

At the recent NADA-DPP Conference a group of young millennials presented their unfiltered views on how they want to buy a car! Watch this video highlights […]
April 2, 2019

COMMENT FROM THE NATIONAL AUTOMOBILE DEALERS’ ASSOCIATION ON NEW DEALER VEHICLE STATISTICS

Overall Dealer sales channel for: o March 2019 – 41,235 new vehicles sold in March 2019 (2018: 44,417 showing a 7.2% decline on dealer floors) o […]