DAVID FURLONGER: Dusting off the past

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business Business Headlines News

A chance encounter with history shows how the South African motor industry has changed … and hasn’t.

A brand-new Mercedes-Benz, straight off the production line, for under R200,000? Count me in. A small American or Japanese sedan for less than R20,000? I’ll take two. But be quick about it because the local manufacturers are all about to collapse or disinvest.

We’re undertaking a major clearout at home and I’ve just discovered a boxful of newspaper and magazine cuttings dating back to the mid-1980s, when I started writing about the South African motor industry. They make both encouraging and dispiriting reading: the former because the industry has developed so much over the years, and the latter because the same underlying battles are being fought over and over again. Only the battlefields are different...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DAVID FURLONGER: Dusting off the pastA chance encounter with history shows how the South African motor industry has changed … and hasn’t.
Source: FinancialMail - 🏆 20. / 63 Read more »

South African motorists must pay secret fees “snuck into” car loansSouth African dealerships can continue adding extra fees to cash and finance deals. Carl_CE50 Ek is nou super opgewonde. Ek kan nou my rekeninge betaal en goed vir my gesin sorg. Dankie dat jy geluk na my huis bring. Ek het R60,000 in 5 werksdae gekry. Ek is nou skuldvry richard1_ray 'on the road fees' BMW SA already got jammed for this a few years back.
Source: mybroadband - 🏆 11. / 67 Read more »