virtual conference on November 18. The event took place with Messe Frankfurt SA and the, in association with AutoTrader, and its theme was “Navigating the turbulence together towards mobility 4.0”.“This has been one of the most disruptive years in the history of the automotive industry, as lockdown has seen both production volumes and sales tumble.
Mienie reveals that the focus of the in-market car shopper simply shifted, if not intensified. While the industry all but ground to a halt under lockdown level 5 car shoppers seemingly became insomniacuying patterns were further altered under level 4 Faced with the economic challenges of lockdown, South Africans demonstrated their entrepreneurial spirit. Some people started sewing and selling masks, for instance. And, based on AutoTrader search statistics, others entered the delivery arena.
“R100k searches increased by 22% and R200K searches increased by a whopping 51%. This was probably due to industries opening up and people going back to work under lockdown level 3. I believe this also accelerated the swing from new cars to used cars by consumers still under financial pressure,” Mienie postulates.“Before the lockdown,
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SA motor industry could lose 80% of exports if it doesn’t start making electric vehiclesNaamsa CEO Mike Mabasa predicts SA industry will face collapse in exports by 2040 amid global shift away from petrol and diesel vehicles
Source: BDliveSA - 🏆 12. / 63 Read more »
Highs and lows in SA motor industry’s export performanceVehicle exports, measured in both numbers and value, plunged while exports of components increased Cryptocurrency for all Bitcoin beginner's !!! are you a Bitcoin Holder, Buyer, Seller or about starting up a trade? Start trading without sending your bitcoin or asset to anyone....but invest it yourself contact and ask sir californiaBTC1 how ?
Source: BDliveSA - 🏆 12. / 63 Read more »
Motor industry achieves record trade surplus of over R48bnExport council executive manager Norman Lamprecht says the motor industry remains a key driver of SA’s broader manufacturing economy
Source: BDliveSA - 🏆 12. / 63 Read more »
Ford announces R15.8 billion investment to build next Ranger in South AfricaThe R15.8bn investment is expected to create 1200 new jobs at the Ford plant and a further 10 000 across the supply chain. IOLmotoring motoring When will China be investing since we put one of them parliament and the Chinese are all singing biba sat Africa biba motoring But we still pay more to buy it than most countries how is that possible... motoring Only if they can hire South Africans
Source: IOL - 🏆 46. / 51 Read more »