by Formex Editor | 11 Jul 2022 | News
Formex recently announced yet another investment of just over R100-million towards the end of March 2023, this on the back of yet another VWSA contract award. This year’s project entails 21 new parts from 11 different tools. This expansion will see Formex become a key...
by Formex Editor | 7 Jul 2022 | News
The National Automobile Dealers’ Association (Nada) has lauded the South African automotive sector for being resilient amid global disruptions. The entire industry has shown an incredible ability to overcome setbacks and delays caused by supply chain disruptions and...
by Formex Editor | 1 Jul 2022 | News
Mercedes-Benz is already well-known for being a luxury car brand, however, the German automaker has redefined its global strategy. The company is now looking to become the leading luxury car brand in the internal combustion engine (ICE) sector and the electric vehicle...
by Formex Editor | 17 Jun 2022 | News
When buying a car, everyone is faced with two options; take the more expensive route and get a brand new car from a dealership or save some money and opt for a used car. While the majority of buyers are likely to go for the second option, there is still another choice...
by Formex Editor | 10 Jun 2022 | News
The African Association of Automotive Manufacturing (AAAM) recently stated that the continent’s automotive assembly industry has “great economic potential”. AAAM chief executive officer, David Coffey, says that the association is focused on ensuring that this...
by Formex Editor | 6 Jun 2022 | News
Electric vehicles (EVs) are the future of personal transport and almost every car brand has now got a fully electric model on sale or in the pipeline. Even in South Africa, EVs are gaining popularity and a nationwide network of charging stations is being set up....
by Formex Editor | 1 Jun 2022 | News
The recent war between Russia and Ukraine has had far-reaching consequences for various industries around the globe, including energy and automobile manufacturing. International sanctions placed on Russia have put severe restrictions on crude oil, natural gas and...
by Formex Editor | 20 May 2022 | News
Toyota South Africa announced at their recent State of the Motoring Industry event that they will move away from fossil fuels to more sustainable alternatives, including hybrid engines and battery energy. The new Toyota RAV4, which has already been launched in South...
by Formex Editor | 13 May 2022 | News
President Cyril Ramaphosa has called upon South African consumers and companies to buy from local sources. This is a bid to help the country’s economic revival and job creation efforts. His call was aimed across industries, including the automotive sector, where South...
by Formex Editor | 6 May 2022 | News
Ford is close to launching the next-gen Ranger in South Africa; expected to be the company’s smartest and most capable pickup truck to date. The Ranger is already incredibly popular in South Africa, so this all-new model is highly anticipated and expected to perform...
by Formex Editor | 21 Apr 2022 | News
The automotive industry has faced numerous challenges in recent years, most of which were caused by the outbreak of Covid-19. In particular, the microchip shortage has brought manufacturing facilities and production lines to a halt across the globe. This affects the...
by Formex Editor | 11 Apr 2022 | News
Electric vehicles (EVs) are gaining popularity in South Africa, as evidenced by the launch of EV models by Mercedes-Benz, BMW, Audi and other brands operating in the country. Many of these EVs will be released this year and in 2023. Several other car brands are...
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