Formex Editor, Author at Formex Industries (Pty) Ltd

Formex buys three new metal presses

by Formex Editor | 7 Mar 2019 | News

Formex Industries has invested R70-million in three new metal presses that will expand its operations and output. The new presses, built by Yadon Press in China, will be used to manufacture stainless steel and mild steel components for the automotive industry. The...

Toyota Hilux built in South Africa wins Dakar Rally 2019

by Formex Editor | 6 Mar 2019 | News

Toyota Gazoo Racing South Africa won the 2019 Dakar Rally – the world’s toughest off-road race that took place in Peru. The winning vehicle was a South African-built Toyota Hilux driven by Nasser Al Attiyah (from Qatar) and navigated by Mathieu Baumel (from...

NAAMSA predicts 1% growth in new vehicle sales

by Formex Editor | 5 Mar 2019 | News

The National Association of Automobile Manufacturers of South Africa (NAAMSA) predicts a marginal increase in the sale of new vehicles for 2019. The association projects a one percent growth, provided South Africa is not downgraded and the gross domestic product (GDP)...

Truck sales start with a bang in 2019

by Formex Editor | 1 Mar 2019 | News

The commercial vehicle market has had a strong start in 2019. Truck sales are up by 7.3% compared to January 2018, with over 1600 commercial vehicles and lorries being sold. These statistics were released by the National Association of Automobile Manufacturers of...

What determines the value of your car?

by Formex Editor | 25 Feb 2019 | News

When it comes to selling a car, everyone wants the best price possible. Offers to purchase can often differ by about five to eight thousand rands. There are numerous factors that determine the value of a car and no two vehicles are alike. You could have 10 vehicles of...

Activios technology shaping Formex staff productivity and process

by Formex Editor | 18 Feb 2019 | News

Formex Industries makes use of Activios, a cutting-edge enabling platform that pulls high-performance teams together. The software helps inform, engage and empower employees, boosting productivity through transparency and accountability. Employees log on to the...