Positive momentum continued to build for the new vehicle market during November, with sales for the month replacing October as the best sales month of the year. The strong performance was driven by fleet deals from the rental companies as consumer demand softened year-on-year. New vehicle sales reported its second consecutive month of substantial year-on-year…
President Cyril Ramaphosa’s quote of incentives for electric vehicles at the South African Auto Week 2024 was positively received by delegates attending the conference in Cape Town. This pronouncement at the event, which marked the century-old automotive sector in the country, follows on a previous statement made at the Opening of Parliament on investigating the…
Donald Trump has promised to “drill, baby, drill” to halve energy costs, a plan that sends shivers through the governments of emerging market oil producers anxious about dollar earnings and fills poorer importing countries with hope. In practical terms, Trump, the incoming president of the world’s biggest oil producer, cannot fully control prices. The United States has…
