by Formex Editor | 25 Apr 2019 | News
Formex recently featured on the noon news bulletin of Algoa FM, the Eastern Cape’s most popular radio station. The news feature highlighted Formex’s contribution to educational bursaries, as well as its investment of R70-million into its automotive parts manufacturing...
by Formex Editor | 24 Apr 2019 | News
Trade shows are a unique opportunity for marketing and network-building, especially for automotive manufacturers. Car shows and motoring expos are important tools that car brands and original equipment manufacturers (OEMs) utilise fully to expand their footprint and...
by Formex Editor | 22 Apr 2019 | News
The South African automotive industry has stepped up to the plate to ensure that car parts are reusable and recyclable. More than 80% of a vehicle is able to be recycled nowadays; from used oil and old tyres to metal and battery components, the proportion of modern...
by Formex Editor | 21 Apr 2019 | News
Most vehicle manufacturers will offer their customers optional extras when purchasing a car. These include upgraded seats, advanced technology, sporty rims and aesthetic adjustments. Optional extras not only improve the experience of owning and driving the vehicle,...
by Formex Editor | 20 Apr 2019 | News
Japanese multinational automotive manufacturer, Mazda Motor Corporation, has developed the world’s first cold-stamped steel vehicle parts. Mazda worked alongside Nippon Steel & Sumitomo Metal Corporation to manufacture the vehicle parts from 1310 MPa-class...
by Formex Editor | 16 Apr 2019 | News
Investment in automation services could be the key to boosting the growth of the manufacturing industry in South Africa. As a major contributor to the gross domestic product (GDP), the growth of the manufacturing sector will also bring benefits for South Africa’s...
by Formex Editor | 14 Apr 2019 | News
Volkswagen Group South Africa (VW SA) is set to produce a record number of vehicles at its Uitenhage factory in the Eastern Cape this year. The local manufacturer of the German vehicle brand is aiming to produce 161 900 vehicles in 2019. Formex manufactures parts for...
by Formex Editor | 13 Apr 2019 | News
South African new vehicle sales reached 133 324 up until the end of March 2019. The first quarter (Q1) of 2019 has seen a slight dip in new vehicle sales as compared to 2018. Problems with load-shedding and uncertainty with the upcoming national elections are possible...
by Formex Editor | 11 Apr 2019 | News
The latest developments at Formex were featured on a live broadcast of Algoa FM, the Eastern Cape’s number one radio station. Formex chief executive officer (CEO) Hennie Venter explains the company’s plan for growth and investment in the coming years. Formex is aiming...
by Formex Editor | 8 Apr 2019 | News
South African Finance Minister Tito Mboweni delivers the 2019 Budget Speech ©GCIS The South African Minister of Finance, Tito Mboweni, recently announced his budget proposals for the country. In response, the president of the National...
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