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The latest Road Traffic Management Corporation annual report has revealed that more than 4 500 road fatalities were reported on South African roads from April 2014 to April 2015. In light of these alarming statistics, it is vital for all South African motorists to practise safe driving, familiarise themselves with proper accident protocol and ensure that their motor vehicle insurance cover is up-to-date ahead of the upcoming festive season.
The recently released Kinsey Report highlighted the considerable increase in the cost of spare and replacement motor vehicle parts. The significance of this is the knock-on effect that such price hikes have on the overall cost of vehicle repairs.
Despite the competitiveness of the South African automotive industry, questions around the affordability and availability of spare parts and maintaining the sustainability of the sector remain. Adam Orlin, CEO of Blue Strata Trading a premium import and working capital specialist, investigates.
According to the National Association of Automobile Manufacturers of SA (NAAMSA), sales of new cars in South Africa reflected a substantial decline of 13.2%, compared to new cars sold in September last year. In addition, 21.9% of the new cars, or more than 1 in every 5 new cars, were purchased by the car rental industry.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?