Gary Mccraw News Today

Five African screenwriters have been selected to participate in the 7th Realness African Screenwriters Residency...

After studying the June retail figures distributed by Naamsa, NADA's Gary McCraw shares his take on new vehicle sales in South Africa.

New car and SUV sales fell flat in May as economic conditions worsened. These were the top sellers last month:

There was a general expectation in the automotive industry that new-vehicle sales would slow in May as many consumers turned their attention to investing in solar panels and inverters, instead of new cars, while businesses had to contend with increased loadshedding, as well as a tenth consecutive hike in the interest rate. However, the market returned stronger than expected sales during the month, keeping the year-to-date sales total of 218 869 units at 3% above the figure for the first five mon...

Naamsa | The Automotive Business Council says the SA Reserve Bank’s interest rate increase last week is already denting consumer spending.

But the outlook for 2023 is not that promising …

KZN floods to dent auto industrys contribution to economy.

Could exacerbate vehicle stock shortages at dealerships.

MONEYWEB LIVESTREAM CompCom publishes guidelines expected to benefit consumers and small businesses in the sector. 00:03  The changes promote consumer choice and rights while aiming to make the market more competitive. Image: Moneyweb Interventions by the Competition Commission to open up the automotive aftermarket are expected to result in far-reaching benefits for consumers and small, independent and historically disadvantaged service providers from July 1, 2021. These benefits include:...