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In a challenging economic climate, diversifying is your friend as the automotive business is spread across various segments, not only here but also in the UK, Australia, Southeast Asia and Africa.
Group strategy is to reduce its reliance on new vehicle sales for revenue and profit.
Motus, which sells one in five new vehicles in SA, says a three-year structural trend of consumers shifting away from luxury brands is now built into the market.
JSE-listed automotive group Motus has raised its interim dividend by almost double digits, boosted by a partial easing of recent challenges regarding vehicle supply, and confident its latest acquisition will help it continue its profit growth.
The Money Show asks Motus CEO Osman Arbee about the Group's acquisition of Motor Parts Direct in the UK.