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Tuesday November 24, 2009
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Africa Auto Sales News is an EIN News Service for automotive industry professionals. Constantly updated news and information about Africa Automotive.
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Latest Africa Auto Sales News

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  • Vukile distribution up 6.6% 24 Nov 2009 05:33 GMT
    ... statistics were down but a week ago car sales were up and residential sales were up. It’s ... - it’s a structure unique to South Africa that was created in a certain tax ...

  • SA likely out of recession 23 Nov 2009 12:10 GMT
    ... are pointing to the likelihood that South Africa came out of recession during the third ... sales in August, the -8.8% drop in car sales in September and the contraction of 0.9% in ...

  • Don't Miss Out on the Looming Gold Bubble 23 Nov 2009 21:17 GMT
    ... writes: Gold was all the rage again last week. ... finds in places like California, Australia, South Africa and Russia. : ”Gold isn’t intrinsically safer ... 1.4% thanks to a 7.4% rebound in auto sales after the post cash-for-clunkers slide of 14.3% ...

  • South Africa's First Dedicated Online Car Auction Site Launches 18 Nov 2009 11:11 GMT
    ... and explosive car auction experiences that South Africa has ever seen. Online Car Bid has ... that this will revolutionise the South African car sales industry. With Online Car Bid securing partnership deals ...

  • UPDATE 1-S.Africa's interest rate level 'adequate'-cbank 18 Nov 2009 16:37 GMT
    ... Bell PRETORIA, Nov 18 (Reuters) - South Africa's current level of interest rates are 'adequate' ... 50 breakeven mark. The decline in new car sales is slowing and the housing market is beginning ...

  • Who Will Be the World's Biggest Carmaker? 18 Nov 2009 21:17 GMT
    ... in eight months, mostly to places like Algeria, Vietnam and Syria. The ambitious local companies, ... is weakening the huge export machine. : Car sales next year may suffer a hangover from ...

  • Platinum set to go higher 18 Nov 2009 05:33 GMT
    ... market rather than production directly. In South Africa for example supply has actually increased and ... considering on the back of these small car sales. Giulietta Talevi: Does that matter though for ...

  • Pragmatism spurs a shift towards luxury lifestyle 22 Nov 2009 19:50 GMT
    ... a 41 per cent stake. CFAO, an African cars and pharmaceuticals distributor which is the ... a number of France’s overseas territories . Car sales fell by 12 per cent in the six ...

  • Mitchells & Butlers, DSG International 20 Nov 2009 13:15 GMT
    ... (13:30) Existing Home Sales (US) (15:00) New Car Sales (AUS) (00:30) PMI Composite (EU) (09:00) PMI ... and Overseas Trust, Aquarius Platinum Ltd., Centamin Egypt, Feedback, Helphire Group, JPMorgan Smaller Companies Inv ...

  • Barloworld FY profit drops 19 Nov 2009 06:50 GMT
    ... a stronger currency. JOHANNESBURG (Reuters) - South African industrial group Barloworld expects 2010 to be ... as a recession in South Africa hit car sales and slowed demand for earthmoving equipment products, but ...

  • Platinum jewellery demand rockets in China 18 Nov 2009 01:50 GMT
    ... and the automotive sector. The slump in car sales before governments in the US and Europe introduced ... production from newer mining operations in South Africa and Zimbabwe, Johnson Matthey said the market ...

  • SA's interest rate level 'adequate' - SARB 18 Nov 2009 17:34 GMT
    ... South Africa's current level of interest rates are "adequate" ... 50 breakeven mark. The decline in new car sales is slowing and the housing market is beginning ...

  • Clinton arrives in Kabul for Karzai inauguration 18 Nov 2009 13:54 GMT
    ... higher-than-expected increase was fuelled by gains in car sales and energy prices. Consumer prices rose 0... Johannesburg ... of xenophobic violence, residents of a South African informal settlement this week attacked migrants living ...

  • Berlin won't keep troops 'forever' in Afghanistan, says minister 18 Nov 2009 13:54 GMT
    ... higher-than-expected increase was fuelled by gains in car sales and energy prices. Consumer prices rose 0... Johannesburg ... of xenophobic violence, residents of a South African informal settlement this week attacked migrants living ...

  • Dutch to step up measures against forced marriages 18 Nov 2009 14:11 GMT
    ... higher-than-expected increase was fuelled by gains in car sales and energy prices. Consumer prices rose 0... Johannesburg ... of xenophobic violence, residents of a South African informal settlement this week attacked migrants living ...


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